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Markets · Investing · Business
Finance
A Wix Insider Buys Then Immediately Sells Company Shares. Here's a Closer Look at the Transaction.
The insider transaction comes after the website development company's stock had fallen 37% over the trailing 12 months.
Insider Nir Zohar, President of Wix.com Ltd.(NASDAQ:WIX), and his spouse acquired 647 ordinary shares on Aug. 31 and sold them on Sept. 1 as part of a routine equity transaction disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($95.00); post-transaction value based on September 1, 2026 market close ($88.38).
Details
Wix.com is a leading global platform for website creation and web application development, serving millions of users through its intuitive visual editor, AI-powered design capabilities, and advanced development environment.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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