Dorsal Capital Dumps 25,000 Wix.com Shares Worth $3 Million

2026-02-23 17:17:47 ET

Dorsal Capital Management, LP disclosed in a February 17, 2026, Securities and Exchange Commission (SEC) filing that it sold 25,000 shares of Wix.com (NASDAQ:WIX) .

A SEC filing dated February 17, 2026, showed Dorsal Capital Management, LP reduced its holdings in Wix.com by 25,000 shares during the fourth quarter of 2025. The estimated transaction value was $3.02 million, calculated using the average closing price for the period. The fund's quarter-end position value in Wix.com fell by $118.74 million, a figure that accounts for both trading activity and share price movement.

Wix.com is a leading provider of cloud-based website development and business management solutions, supporting millions of users worldwide. The company leverages a subscription-driven model and a broad suite of digital tools to drive recurring revenue and customer retention. Its scalable platform and global reach position Wix.com as a competitive force in the website infrastructure and digital commerce sector.

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