Wix.com Director Ron Gutler Sells 5,718 Shares for $488,432
Sale executed under pre-arranged Rule 10b5-1 plan adopted last November, reducing his direct holdings by 27%. Gutler retains 15,631 shares worth roughly $1.34 million.
Wix.com Director Ron Gutler sold 5,718 shares of common stock for a total of $488,432 on August 27, 2026, according to a recent SEC Form 4 filing. The transaction averaged out to $85.42 per share, while the selling price at the market close on that day was $85.76 per share. Wix.com Ltd., a globally recognized cloud-based platform, employs 4,371 people and boasts a market capitalization of $4.8 billion.
The company generated $2.1 billion in TTM revenue. Wix's unique selling points include its user-friendly drag-and-drop interface, AI-powered website creation tools, and a comprehensive set of features that allow users to build, manage, and monetize websites without needing extensive technical skills. Despite facing profitability challenges, with a TTM net loss of $174.6 million, the company remains committed to its growth trajectory by continuously enhancing its platform capabilities and expanding its international market reach.
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