Dorsal Capital Management sold 25,000 Wix.com shares, totaling an estimated $3.02 million trade based on average prices. The fund’s quarter-end stake value dropped by $118.74 million due to trading and stock price changes, representing 0.11% of their $2.88 billion 13F assets under management. After the sale, they held 1,550,000 shares valued at $161.03 million, or 5.6% of AUM.

In a recent SEC filing, Dorsal Capital Management disclosed selling 25,000 Wix.com shares, worth approximately $3.02 million based on average prices. This resulted in a $118.74 million decrease in the quarter-end stake value. Following the transaction, the fund held 1,550,000 shares valued at $161.03 million, comprising 5.6% of their 13F AUM.

Wix.com shares were down 69.4% over the past year to $69.23 as of February 13, 2026. Despite a 14% revenue increase in Q3 2025, a spike in operating expenses caused concern. The P/E ratio dropped to 30, with a forward P/E of 10 suggesting potential improvement. Dorsal Capital’s position in Wix.com may reflect these factors.

Investors may question Dorsal Capital’s sale of Wix.com stock, especially as the technology stock lost nearly 42% in Q4 2025. Despite revenue growth in Q3, a significant increase in operating expenses led to a loss. The stock’s valuation could become more attractive to buyers, potentially justifying Dorsal’s position.

Read more at Nasdaq: Dorsal Capital Dumps 25,000 Wix.com Shares Worth $3 Million