Baillie Gifford Amends Wix.com Stake (SC 13G/A)

TL;DR

**Baillie Gifford just updated its Wix.com stake, signaling a portfolio adjustment.**

AI Summary

Baillie Gifford & Co, a major investment management firm, filed an Amendment No. 8 to its SC 13G filing for Wix.com Ltd. on January 26, 2024, indicating a change in their beneficial ownership of Wix.com's Ordinary Shares as of December 29, 2023. This matters to investors because it signals that a significant institutional investor has adjusted its position in Wix.com, which could reflect their updated outlook on the company's future performance or valuation.

Why It Matters

This filing shows that a large institutional investor, Baillie Gifford & Co, has updated its ownership in Wix.com, which can influence market perception and potentially the stock price.

Risk Assessment

Risk Level: low — This filing is a routine update from an institutional investor and does not inherently indicate a high level of risk for the stock.

Analyst Insight

Investors should monitor future filings from Baillie Gifford & Co regarding Wix.com to understand any further shifts in their investment strategy, as significant changes could signal a revised outlook on the company's prospects.

Key Players & Entities

• Baillie Gifford & Co (company) — the investment management firm filing the SC 13G/A
• Wix.com Ltd. (company) — the subject company whose shares are being reported
• December 29, 2023 (date) — the date of the event requiring the filing
• January 26, 2024 (date) — the date the SC 13G/A was filed
• Amendment No. 8 (number) — the specific amendment number to the SC 13G filing

Forward-Looking Statements

• Baillie Gifford & Co will continue to be a significant institutional holder of Wix.com Ltd. shares. (Baillie Gifford & Co) — high confidence, target: 2025-01-26

FAQ

From the Filing

0001088875-24-000025.txt : 20240126 0001088875-24-000025.hdr.sgml : 20240126 20240126084534 ACCESSION NUMBER: 0001088875-24-000025 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wix.com Ltd. CENTRAL INDEX KEY: 0001576789 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87865 FILM NUMBER: 24564316 BUSINESS ADDRESS: STREET 1: 5 YUNITSMAN ST. CITY: TEL AVIV STATE: L3 ZIP: 000000 BUSINESS PHONE: 97235454900 MAIL ADDRESS: STREET 1: 5 YUNITSMAN ST. CITY: TEL AVIV STATE: L3 ZIP: 000000 FORMER COMPANY: FORMER CONFORMED NAME: Wixpress Ltd. DATE OF NAME CHANGE: 20130513 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAILLIE GIFFORD & CO CENTRAL INDEX KEY: 0001088875 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: CALTON SQUARE STREET 2: 1 GREENSIDE ROW CITY: EDINBURGH STATE: X0 ZIP: EH13AN BUSINESS PHONE: 00441312752000 MAIL ADDRESS: STREET 1: CALTON SQUARE STREET 2: 1 GREENSIDE ROW CITY: EDINBURGH STATE: X0 ZIP: EH13AN SC 13G/A 1 wix.com29122023.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 WIX.COM LTD. (Amendment no.8) ----------------------------------------------------------------------- (Name of Issuer) Ordinary Shares ----------------------------------------------------------------------- (Title of Class of Securities) M98068105 ----------------------------------------------------------------------- (CUSIP Number) 29 DECEMBER 2023 ----------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-06) CUSIP No. M98068105 _______________________________________________________________________ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Baillie Gifford & Co (Scottish partnership) _______________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a).................................................................... (b).................................................................... _______________________________________________________________________ 3. SEC Use Only _______________________________________________________________________ 4. Citizenship or Place of Organization SCOTLAND UK _______________________________________________________________________ Number of 5. Sole Voting Power 5,810,418 Shares Bene ______________________________________________________ ficially by 6. Shared Voting Power 0 Owned by Each ______________________________________________________ Reporting 7. Sole Dispositive Power 7,788,745 Person With: __________________________