Amanpal Singh Bhutani Sells 4,500 Shares of GoDaddy (NYSE:GDDY) Stock

August 6, 2026 by InsiderTrades.com

Key Points

GoDaddy CEO Amanpal Singh Bhutani sold 4,500 shares for approximately $374,000 under a pre-arranged Rule 10b5-1 trading plan, reducing his holdings by 0.86% to 517,247 shares.
GoDaddy’s latest quarterly results exceeded expectations, with EPS of $1.83 versus the $1.69 consensus and revenue of $1.30 billion, up 6.6% year over year.
Analyst sentiment remains mixed: the stock carries a “Moderate Buy” consensus and $110.33 average price target, while some firms have lowered ratings or targets; law firms are also investigating potential securities-law violations.

GoDaddy Inc. (NYSE:GDDY - Get Free Report) CEO Amanpal Singh Bhutani sold 4,500 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $83.15, for a total value of $374,175.00. Following the sale, the chief executive officer owned 517,247 shares in the company, valued at $43,009,088.05. The trade was a 0.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Amanpal Singh Bhutani also recently made the following trade(s):

On Tuesday, June 2nd, Amanpal Singh Bhutani sold 8,373 shares of GoDaddy stock. The stock was sold at an average price of $89.86, for a total value of $752,397.78.

GoDaddy Price Performance

Shares of NYSE GDDY opened at $91.68 on Thursday. GoDaddy Inc. has a twelve month low of $71.59 and a twelve month high of $157.40. The company has a current ratio of 0.63, a quick ratio of 0.67 and a debt-to-equity ratio of 561.10. The company has a market capitalization of $12.14 billion, a price-to-earnings ratio of 13.60, a price-to-earnings-growth ratio of 0.80 and a beta of 0.90. The business has a 50 day simple moving average of $86.71 and a 200-day simple moving average of $88.24.

Is GoDaddy Stock a Smart Addition to Your Portfolio?

GoDaddy (NYSE:GDDY - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.14. The firm had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The firm's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the business posted $1.41 earnings per share. As a group, equities research analysts expect that GoDaddy Inc. will post 7.21 earnings per share for the current year.

Key Headlines Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

Positive Sentiment: Momentum remains a supporting factor. Zacks highlighted GoDaddy as a strong momentum stock, suggesting favorable recent trading and/or market-performance characteristics. Here's Why GoDaddy Is a Strong Momentum Stock
Neutral Sentiment: Management will present to investors on Aug. 11. CFO Mark McCaffrey is scheduled to speak at the Oppenheimer Technology, Internet & Communications Conference, creating a potential opportunity for GoDaddy to discuss business trends and outlook. GoDaddy Conference Presentation
Neutral Sentiment: CEO Amanpal Singh Bhutani sold 4,500 shares. The approximately $374,000 sale reduced his holdings by 0.86% and was conducted under a pre-arranged Rule 10b5-1 trading plan, which makes it a limited signal of his current outlook. SEC Insider Trading Filing
Negative Sentiment: Analysts expressed greater caution. Wedbush issued a pessimistic forecast, while Citigroup lowered its expectations for GoDaddy’s stock, potentially weighing on valuation and investor confidence. Wedbush Forecast Citigroup Expectations
Negative Sentiment: Law firms announced investigations into potential securities-law violations. Rosen Law Firm and Kaplan Fox said they are investigating allegations that GoDaddy may have provided materially misleading business information. These announcements do not establish wrongdoing, but they add litigation and reputational risk and may increase volatility. Rosen Law Firm Investigation Kaplan Fox Investigation

Wall Street Analysts Forecast Growth

Palantir Was Left Out of the S&P 500; It Still Looks Like a Buy

GDDY has been the topic of a number of recent research reports. Weiss Ratings restated a "hold (c-)" rating on shares of GoDaddy in a research report on Tuesday, June 16th. Wedbush lowered their price objective on shares of GoDaddy from $109.00 to $93.00 and set an "outperform" rating for the company in a research report on Monday. Piper Sandler reiterated a "neutral" rating and set a $95.00 price objective (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. Raymond James Financial cut shares of GoDaddy from a "strong-buy" rating to an "outperform" rating and set a $100.00 target price on the stock. in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft downgraded GoDaddy to a "buy" rating in a research note on Friday, July 31st. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, GoDaddy presently has an average rating of "Moderate Buy" and an average price target of $110.33.

View Our Latest Analysis on GoDaddy

Institutional Investors Weigh In On GoDaddy

A number of hedge funds have recently added to or reduced their stakes in the stock. WCM Investment Management LLC grew its position in shares of GoDaddy by 1.0% during the first quarter. WCM Investment Management LLC now owns 3,314,456 shares of the technology company's stock worth $270,924,000 after acquiring an additional 33,509 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of GoDaddy by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company's stock worth $399,089,000 after acquiring an additional 319,515 shares during the period. AQR Capital Management LLC lifted its position in GoDaddy by 117.5% in the 4th quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company's stock valued at $370,991,000 after purchasing an additional 1,615,005 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in GoDaddy by 2.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,821,379 shares of the technology company's stock valued at $350,077,000 after purchasing an additional 56,086 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in GoDaddy by 9.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,733,028 shares of the technology company's stock valued at $339,116,000 after purchasing an additional 235,981 shares during the period. 90.28% of the stock is currently owned by institutional investors.

About GoDaddy

(Get Free Report)

GoDaddy is a technology company that provides a suite of online services aimed primarily at small businesses, entrepreneurs and individuals looking to establish and grow an online presence. The company's core activities include domain name registration and aftermarket services, a range of website hosting options, and tools for building, managing and promoting websites. Its product mix is designed to simplify the technical aspects of running a website so customers can focus on their businesses.

Product and service offerings span website builders and managed WordPress hosting, shared and dedicated hosting, e-commerce capabilities, email and productivity solutions, SSL certificates and site security tools, and online marketing and search engine optimization services.