BlackRock Discloses Passive Stake in Wix.com Ltd. as of Dec 31, 2023

Ticker: WIX · Form: SC 13G · Filed: 2024-02-02T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investment, SC-13G

TL;DR

**BlackRock still owns Wix, signaling institutional confidence.**

AI Summary

BlackRock, Inc. has filed an SC 13G indicating its ownership of Wix.com Ltd. common stock as of December 31, 2023. This filing, made on February 2, 2024, shows BlackRock's significant, but passive, stake in the web development platform company. This matters to investors because BlackRock is one of the world's largest asset managers, and their continued holding signals confidence in Wix's long-term prospects, potentially influencing other institutional and retail investors.

Why It Matters

BlackRock's continued ownership in Wix.com Ltd. suggests institutional confidence, which can be a positive signal for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of a passive investment, indicating no immediate change in company control or strategy.

Analyst Insight

Smart investors should view this as a routine disclosure of a large institutional holding, reinforcing that Wix.com Ltd. is on the radar of major asset managers. It doesn't signal an immediate buy or sell, but rather a stable institutional presence.

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this document?

This document is an SC 13G filing, specifically designated under Rule 13d-1(b) as indicated by the 'X' in the appropriate box.

Which company is the subject of this filing?

The subject company of this filing is Wix.com Ltd., identified by the Central Index Key (CIK) 0001576789.

Who is the reporting person in this SC 13G filing?

The reporting person is BlackRock, Inc., identified by the Central Index Key (CIK) 0001364742.

What is the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023.

What is the SEDOL Number for the class of securities reported?

The SEDOL Number for the Common Stock of Wix.com Ltd. is BFZCHN7.

From the Filing

0001086364-24-006223.txt : 20240202 0001086364-24-006223.hdr.sgml : 20240202 20240202141806 ACCESSION NUMBER: 0001086364-24-006223 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240202 DATE AS OF CHANGE: 20240202 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 SEC ACT: 1934 Act SEC FILE NUMBER: 005-87865 FILM NUMBER: 24590246 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: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G 1 il0011301780_020224.txt il0011301780_020224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: ) WIX.COM LTD. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) BFZCHN7 -------------------------------------------------------- (SEDOL Number) December 31, 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 person's 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). SEDOL No. BFZCHN7 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 2690455 (6) Shared voting power 0 (7) Sole dispositive power 2905895 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 2905895 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 5.1% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- WIX.COM LTD. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 5 YUNITSMAN ST. Tel Aviv Israel Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none

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