Wix Stock Has Tanked 70% This Past Year, and One Investor Sold $6 Million in Shares Last Quarter

2026-03-02 12:00:03 ET

On February 17, 2026, No Street Capital reported selling 50,000 shares of Wix.com (NASDAQ:WIX) , an estimated $6.05 million trade based on quarterly average pricing.

According to a recent SEC filing , No Street reduced its stake in Wix.com Ltd. by 50,000 shares during the fourth quarter. The estimated value of the sale is $6.05 million, calculated using the mean unadjusted closing price over the quarter. At quarter-end, the fund held 500,000 shares, with the position valued at $51.95 million. The net position change, reflecting both trading and market movement, totaled $45.75 million.

Wix.com is a leading provider of cloud-based web development solutions, enabling users to build, manage, and grow their digital presence. The company leverages a subscription-based business model, supported by a broad suite of complementary services and payment solutions, to drive recurring revenue and customer engagement. Its scalable platform and global reach position Wix.com as a key player in the website infrastructure and online business enablement market.

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