Key Points
- GoDaddy director Leah Sweet sold 325 shares at an average price of $97.37, reducing her position by 2.27% while retaining 14,014 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 plan.
- GoDaddy reported quarterly earnings of $1.83 per share and revenue of $1.30 billion, beating analyst estimates, while revenue increased 6.6% year over year.
- Analyst sentiment remains mixed, with a consensus “Hold” rating and a $110.07 price target. The company also faces a securities-fraud class action alleging it misrepresented customer-acquisition trends and promotional pricing impacts.
GoDaddy Inc. (NYSE:GDDY - Get Free Report) Director Leah Sweet sold 325 shares of GoDaddy stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $97.37, for a total transaction of $31,645.25. Following the completion of the transaction, the director owned 14,014 shares in the company, valued at approximately $1,364,543.18. This trade represents a 2.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Leah Sweet also recently made the following trade(s):
- On Tuesday, September 1st, Leah Sweet sold 325 shares of GoDaddy stock. The stock was sold at an average price of $97.44, for a total value of $31,668.00.
GoDaddy Trading Up 2.7%
Shares of NYSE GDDY opened at $100.51 on Wednesday. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $150.47. The company has a market cap of $12.73 billion, a price-to-earnings ratio of 14.91, a P/E/G ratio of 0.88 and a beta of 0.94. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10. The business has a fifty day simple moving average of $92.32 and a 200-day simple moving average of $87.62.
GoDaddy (NYSE:GDDY - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, topping analysts' consensus estimates 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%.GoDaddy's revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $1.41 EPS. Sell-side analysts predict that GoDaddy Inc. will post 7.21 EPS for the current year.
Hedge Funds Weigh In On GoDaddy
Hedge funds have recently modified their holdings of the stock. Sivia Capital Partners LLC grew its stake in GoDaddy by 90.3% in the second quarter. Sivia Capital Partners LLC now owns 3,271 shares of the technology company's stock valued at $589,000 after purchasing an additional 1,552 shares in the last quarter. Cerity Partners LLC raised its stake in shares of GoDaddy by 50.0% during the 2nd quarter. Cerity Partners LLC now owns 27,189 shares of the technology company's stock worth $4,896,000 after purchasing an additional 9,062 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of GoDaddy by 83.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 155,593 shares of the technology company's stock valued at $28,016,000 after buying an additional 70,585 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in shares of GoDaddy during the 2nd quarter valued at about $152,000. Finally, Main Street Financial Solutions LLC grew its stake in shares of GoDaddy by 1.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company's stock valued at $2,185,000 after buying an additional 119 shares in the last quarter. 90.28% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft lowered shares of GoDaddy to a "buy" rating in a research note on Friday, July 31st. Raymond James Financial lowered GoDaddy from a "strong-buy" rating to an "outperform" rating and set a $100.00 target price for the company. in a report on Friday, July 31st. Weiss Ratings upgraded GoDaddy from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Cantor Fitzgerald reissued a "neutral" rating and set a $90.00 price target on shares of GoDaddy in a research report on Friday, July 31st. Finally, Wells Fargo & Company downgraded GoDaddy from an "equal weight" rating to an "underweight" rating and reduced their price objective for the stock from $80.00 to $76.00 in a research note on Wednesday, August 26th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, GoDaddy currently has a consensus rating of "Hold" and a consensus price target of $110.07.
Check Out Our Latest Report on GDDY
Key Headlines Impacting GoDaddy
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: A Zacks analysis characterized GoDaddy as a strong value stock, potentially supporting investor interest given its valuation metrics and established earnings base. Here's Why GoDaddy Is a Strong Value Stock
- Neutral Sentiment: Several firms, including Pomerantz, Kaplan Fox, Rosen, Glancy Prongay, SBS and other investor-rights practices, reminded shareholders that a lead-plaintiff deadline is October 20, 2026. These announcements largely repeat existing information rather than introduce a new operating development. Kaplan Fox Deadline Announcement
- Negative Sentiment: GoDaddy faces a securities-fraud class action covering investors who purchased shares from September 3, 2025, through February 24, 2026. The complaints allege that GoDaddy misrepresented customer-acquisition trends and its go-to-market strategy, including the impact of a $4.99 one-year domain promotion that allegedly replaced higher-value multiyear bookings and reduced upfront bookings. SueWallSt GoDaddy Securities Class Action Alert
- Negative Sentiment: Law firms say the alleged disclosures were followed by a roughly 14% stock decline, and they are seeking investors to participate in or lead the case. Although the allegations have not been proven, continued litigation could increase legal costs, distract management and pressure the company’s valuation. GoDaddy Class Action Alert
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.
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