SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 5.0% Stake in Wix.com Ltd.
Beneficial Ownership Disclosure
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have jointly disclosed a beneficial ownership of 5.0% in Wix.com Ltd.'s common stock as of December 31, 2024.
Summary
- FMR LLC, a Delaware-based holding company, and Abigail P. Johnson, a U.S. citizen, have filed a Schedule 13G indicating beneficial ownership of Wix.com Ltd. common stock.
- As of December 31, 2024, the aggregate amount beneficially owned by each reporting person is 2,760,111.94 shares.
- This ownership represents 5.0% of the class of Wix.com Ltd.'s common stock.
- FMR LLC holds sole voting power over 2,719,173.67 shares and sole dispositive power over 2,760,111.94 shares.
- Abigail P. Johnson holds sole dispositive power over 2,760,111.94 shares, with no sole or shared voting power directly attributed to her in this filing.
- The filing is made under Rule 13d-1(b), indicating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
- The beneficial ownership includes shares held by various FMR LLC subsidiaries and affiliates, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, FMR Investment Management (UK) Limited, and Strategic Advisers LLC.
Sentiment
Score: 5
Explanation: Neutral filing, reports beneficial ownership without commentary on company performance or outlook.
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a major investment firm.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-02-11 | Date of signing and filing of the Schedule 13G. |
Keywords
Wix.com Ltd., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Disclosure
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