Wix Stock Has Crashed This Past Year, and One Investor Exited a $4.35 Million Position

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Jonathan Ponciano, The Motley Fool

Sat, May 30, 2026 astatine 1:31 PM CDT 4 min read

On May 14, 2026, Elwood Capital Partners disclosed successful an SEC filing that it sold retired of Wix.com (NASDAQ:WIX), liquidating 52,033 shares successful an estimated $4.35 cardinal commercialized based connected quarterly mean pricing.

What happened

According to the SEC filing dated May 14, 2026, Elwood Capital Partners sold its full holding of 52,033 shares successful Wix.com during the archetypal quarter. The estimated worth of the transaction was $4.35 million, based connected the mean unadjusted closing terms betwixt January 1 and March 31, 2026. The fund’s quarter-end presumption successful Wix.com dropped to zero, with a nett presumption alteration of $5.41 cardinal reflecting some trading and terms movement.

What other to cognize

This filing reflects a afloat liquidation of the Wix.com stake, which was antecedently 3.2% of Elwood Capital Partners’ reportable assets.
Top holdings aft the filing:
- NASDAQ: AMZN: $17.73 cardinal (17.1% of AUM)
- NYSE: TSM: $11.83 cardinal (11.4% of AUM)
- NASDAQ: MSFT: $8.42 cardinal (8.1% of AUM)
As of Friday, shares of Wix.com were priced astatine $56.06, down 63% implicit the past twelvemonth and good underperforming the S&P 500, which is alternatively up astir 28%.

Company Overview

Metric

Value

Price (as of Friday)	$56.06
Market Capitalization	$2.3 billion
Revenue (TTM)	$2.06 billion
Net Income (TTM)	($40.59 million)

Company Snapshot

Wix.com offers a cloud-based level for website and web exertion creation, including Wix Editor, Wix ADI, Corvid by Wix, and a suite of complementary concern tools specified arsenic Wix Payments and App Market.
The steadfast generates gross chiefly done premium subscriptions, value-added services, and transaction fees from integrated outgo solutions.
It targets individuals, tiny businesses, and enterprises seeking to found oregon heighten their online beingness globally.

Wix.com is simply a starring supplier of cloud-based website improvement and concern absorption solutions. The institution leverages a subscription-based exemplary with further monetization from concern applications and outgo processing, enabling scalable recurring gross streams. Its broad level and absorption connected idiosyncratic empowerment underpin its competitory presumption successful the website infrastructure market.

What this transaction means for investors

After a 63% diminution implicit the past year, immoderate investors mightiness beryllium reasonably unwilling to hold for Wix’s turnaround communicative to afloat play out. Still, Wix's underlying concern has, successful fact, shown signs of strength. First-quarter gross climbed 14% twelvemonth implicit twelvemonth to $541 million, portion bookings roseate 15% to $585 million. Total yearly recurring gross reached $1.9 billion, up 15%, and absorption highlighted peculiarly beardown momentum from newer AI-driven products, including Base44, which surpassed astir $150 cardinal successful yearly recurring revenue.

CEO Avishai Abrahami said his condemnation successful Wix's semipermanent presumption has strengthened arsenic AI capabilities accelerate, pointing to the company's proprietary ample connection exemplary powering Wix Harmony. CFO Lior Shemesh, meanwhile, besides noted that bookings from the newest idiosyncratic cohort accrued astir 50% twelvemonth implicit year.

The drawback is profitability. Wix reported a GAAP nett nonaccomplishment of $57.5 cardinal during the 4th arsenic it continued investing aggressively successful maturation initiatives and AI products. And it’s inactive unclear whether Wix's AI investments tin construe into sustained currency travel growth. The operating metrics stay healthy, but the marketplace is intelligibly waiting for stronger grounds that those investments volition make durable shareholder value.

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