SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 6.9% Stake in Wix.com Ltd. Common Stock
Beneficial Ownership Report Amendment
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, disclosing a beneficial ownership of 6.9% in Wix.com Ltd.'s common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson, its Chairman and CEO, jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Wix.com Ltd.
- As of March 31, 2025, the reporting persons collectively beneficially own 3,820,364.75 shares of Wix.com Ltd. Common Stock.
- This aggregate amount represents 6.9% of the class of outstanding common stock.
- FMR LLC holds sole voting power over 3,661,195.70 shares and sole dispositive power over 3,820,364.75 shares.
- Abigail P. Johnson holds sole dispositive power over 3,820,364.75 shares, with no sole or shared voting power.
- 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 Wix.com Ltd.
- Several FMR LLC subsidiaries and affiliates, including Fidelity Management & Research Company LLC, are listed as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.
Sentiment
Score: 6
Explanation: The document is a factual disclosure of beneficial ownership. The maintenance of a significant stake (6.9%) by a prominent institutional investor like FMR LLC can be viewed as a neutral to slightly positive signal, indicating continued investment interest without any stated intent to influence control.
Positives
- A major institutional investor, FMR LLC, and its leadership maintain a significant 6.9% stake in Wix.com Ltd., indicating continued confidence or long-term investment interest.
- The filing confirms the shares are held in the ordinary course of business, suggesting a stable, non-activist investment approach.
Negatives
- This filing is a routine disclosure of ownership and does not inherently contain negative information about the issuer's performance or outlook.
Risks
- The document itself does not detail specific risks related to Wix.com Ltd.'s operations or financial health, as it is a beneficial ownership report.
Future Outlook
This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain any forward-looking statements or guidance regarding Wix.com Ltd.'s future performance or outlook.
Industry Context
This filing reflects a significant institutional investment in Wix.com Ltd., a leading web development platform. While the document does not provide broader industry analysis, the continued substantial stake by a major asset manager like FMR LLC can be seen in the context of the ongoing growth and consolidation within the digital services and online presence industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Disclosure Requirement | Filing of Schedule 13G Amendment No. 1 by FMR LLC and Abigail P. Johnson to disclose their updated beneficial ownership in Wix.com Ltd., as required by SEC rules for institutional investors holding more than 5% of a company's stock. | 05/09/2025 | Enhances transparency for other investors and the market regarding significant institutional holdings, aligning with corporate governance best practices for public disclosure. |
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and trading activity.
- Company Management: Awareness of a large, stable institutional holder, which may impact investor relations strategies.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement (beneficial ownership calculation date). |
| 05/09/2025 | Date the Schedule 13G Amendment No. 1 was signed and filed. |
Keywords
WIX.COM LTD, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management, Fidelity
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