Key Points
- GoDaddy CFO Mark McCaffrey sold 5,873 shares at an average price of $100.91, generating approximately $592,644. The transaction was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding tied to vested equity awards, leaving him with 99,855 shares.
- GoDaddy shares opened at $103.57, with the stock up 1.7% and trading between a 12-month low of $71.59 and high of $150.47. The company recently beat quarterly earnings and revenue estimates, reporting $1.83 in EPS and $1.30 billion in revenue, up 6.6% year over year.
- Analysts maintain a consensus “Hold” rating and an average price target of $110.07, while institutional investors own approximately 90.28% of the company. GoDaddy also faces proposed securities-fraud litigation related to alleged disclosures about a discounted domain promotion, though the allegations have not been proven.
GoDaddy Inc. (NYSE:GDDY - Get Free Report) Director Sigal Zarmi sold 350 shares of GoDaddy stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total value of $34,104.00. Following the completion of the transaction, the director owned 8,283 shares in the company, valued at $807,095.52. This trade represents a 4.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GoDaddy Stock Performance
GDDY stock opened at $103.57 on Friday. The firm has a market cap of $13.12 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 0.91 and a beta of 0.94. The firm has a 50-day simple moving average of $93.21 and a two-hundred day simple moving average of $87.82. GoDaddy Inc. has a one year low of $71.59 and a one year high of $150.47. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63.
GoDaddy (NYSE:GDDY - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The business had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.29 billion. During the same period last year, the business earned $1.41 EPS. The company's revenue was up 6.6% compared to the same quarter last year. On average, equities analysts forecast that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.
Analyst Ratings Changes
GDDY has been the subject of several recent analyst reports. B. Riley Financial lowered their target price on shares of GoDaddy from $190.00 to $170.00 and set a "buy" rating for the company in a research note on Friday, July 31st. Cantor Fitzgerald restated a "neutral" rating and set a $90.00 target price on shares of GoDaddy in a research note on Friday, July 31st. Piper Sandler reaffirmed a "neutral" rating and set a $95.00 target price (up from $93.00) on shares of GoDaddy in a research report on Friday, July 31st. Raymond James Financial cut GoDaddy from a "strong-buy" rating to an "outperform" rating and set a $100.00 price target for the company. in a research note on Friday, July 31st. Finally, Weiss Ratings raised GoDaddy from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $110.07.
Read Our Latest Analysis on GoDaddy
GoDaddy News Roundup
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: GoDaddy’s latest quarterly results provide a fundamental counterweight to the legal concerns: adjusted EPS of $1.83 exceeded estimates of $1.69, revenue reached $1.30 billion versus a $1.29 billion consensus, and revenue increased 6.6% year over year. Analysts’ average price target of approximately $110.07 also suggests potential upside if operating performance remains solid.
- Neutral Sentiment: CEO Amanpal Singh Bhutani sold 4,500 shares for approximately $438,480 and separately sold 8,194 shares for about $829,151. CFO Mark McCaffrey sold 5,873 shares, while Chief Accounting Officer Phontip Palitwanon and Director Sigal Zarmi sold smaller amounts. The transactions were conducted under Rule 10b5-1 plans to cover tax withholding from vested equity awards, and the executives retained substantial holdings, reducing their signaling value. GoDaddy Insider Sales
- Negative Sentiment: Multiple investor-rights firms are promoting a securities class action for investors who purchased GoDaddy shares from September 3, 2025, through February 24, 2026. The complaint alleges that GoDaddy failed to disclose the effects of a $4.99 one-year domain promotion that allegedly favored short-term, lower-value contracts and pressured upfront bookings, despite communications indicating discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
- Negative Sentiment: The litigation could lead to legal costs, management distraction, settlement payments and additional scrutiny of GoDaddy’s disclosures and customer-acquisition metrics. Investors have until October 20, 2026, to seek lead-plaintiff status, while one firm cited an October 26 deadline. Continued publicity is likely to keep the lawsuit as an overhang on GDDY’s valuation. GoDaddy Class Action Update
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of GDDY. Brown Brothers Harriman & Co. raised its holdings in shares of GoDaddy by 145.6% in the third quarter. Brown Brothers Harriman & Co. now owns 253 shares of the technology company's stock worth $35,000 after buying an additional 150 shares during the last quarter. Harbour Investments Inc. grew its holdings in shares of GoDaddy by 191.0% during the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company's stock valued at $32,000 after buying an additional 170 shares during the last quarter. Entrust Financial LLC acquired a new position in shares of GoDaddy in the 4th quarter valued at $35,000. International Assets Investment Management LLC increased its position in shares of GoDaddy by 93.8% in the 1st quarter. International Assets Investment Management LLC now owns 372 shares of the technology company's stock valued at $30,000 after acquiring an additional 180 shares during the period. Finally, Acuitas Investments LLC purchased a new position in GoDaddy in the 1st quarter worth $33,000. Institutional investors and hedge funds own 90.28% of the company's stock.
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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