Key Points
- GoDaddy CEO Amanpal Bhutani sold 4,500 shares for approximately $438,750 at an average price of $97.50. The Rule 10b5-1 plan transaction reduced his ownership by 0.89%, leaving him with 500,053 shares.
- GoDaddy exceeded quarterly expectations, reporting $1.83 in adjusted EPS versus a $1.69 consensus estimate and $1.30 billion in revenue, up 6.6% year over year.
- Analyst sentiment remains mixed, with a consensus “Hold” rating and a $110.69 price target; institutional investors own approximately 90.28% of the company.
GoDaddy Inc. (NYSE:GDDY - Get Free Report) CEO Amanpal Bhutani sold 4,500 shares of GoDaddy stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $97.50, for a total value of $438,750.00. Following the completion of the transaction, the chief executive officer owned 500,053 shares in the company, valued at $48,755,167.50. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amanpal Singh Bhutani also recently made the following trade(s):
- On Wednesday, September 2nd, Amanpal Bhutani sold 8,194 shares of GoDaddy stock. The stock was sold at an average price of $101.19, for a total value of $829,150.86.
- On Tuesday, September 1st, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The shares were sold at an average price of $97.44, for a total value of $438,480.00.
- On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The shares were sold at an average price of $83.15, for a total value of $374,175.00.
GoDaddy Stock Performance
Shares of GoDaddy stock opened at $99.82 on Tuesday. The company has a market capitalization of $12.64 billion, a PE ratio of 14.81 and a beta of 0.94. The company has a 50-day simple moving average of $96.89 and a two-hundred day simple moving average of $89.41. GoDaddy Inc. has a one year low of $71.59 and a one year high of $139.44. 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 posted its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the business posted $1.41 EPS. GoDaddy's revenue was up 6.6% on a year-over-year basis. Research analysts expect that GoDaddy Inc. will post 7.23 EPS for the current fiscal year.
Analysts Set New Price Targets
Several analysts have recently commented on the company. William Blair lowered GoDaddy from an "outperform" rating to a "market perform" rating in a report on Friday, July 31st. Cantor Fitzgerald reiterated a "neutral" rating and issued a $90.00 price target on shares of GoDaddy in a research note on Friday, July 31st. Wedbush dropped their price target on GoDaddy from $109.00 to $93.00 and set an "outperform" rating on the stock in a research note on Monday, August 3rd. Robert W. Baird increased their price objective on shares of GoDaddy from $110.00 to $120.00 and gave the company an "outperform" rating in a research report on Friday, September 25th. Finally, 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. Ten equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, GoDaddy has a consensus rating of "Hold" and a consensus price target of $110.69.
Get Our Latest Stock Report on GDDY
Institutional Investors Weigh In On GoDaddy
A number of institutional investors and hedge funds have recently modified their holdings of GDDY. CX Institutional boosted its position in GoDaddy by 107.0% in the third quarter. CX Institutional now owns 2,209 shares of the technology company's stock valued at $211,000 after buying an additional 1,142 shares during the last quarter. Versant Capital Management Inc raised its position in GoDaddy by 120.4% during the 3rd quarter. Versant Capital Management Inc now owns 992 shares of the technology company's stock worth $95,000 after buying an additional 542 shares during the last quarter. Tidal Investments LLC lifted its stake in GoDaddy by 23.5% during the 2nd quarter. Tidal Investments LLC now owns 38,583 shares of the technology company's stock valued at $3,275,000 after acquiring an additional 7,353 shares during the period. WINTON GROUP Ltd boosted its holdings in shares of GoDaddy by 5.7% in the 2nd quarter. WINTON GROUP Ltd now owns 6,745 shares of the technology company's stock valued at $573,000 after acquiring an additional 361 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of GoDaddy in the second quarter worth $216,000. Institutional investors and hedge funds own 90.28% of the company's stock.
Key Stories Impacting GoDaddy
Here are the key news stories impacting GoDaddy this week:
- Neutral Sentiment: CEO Amanpal Bhutani sold 4,500 GoDaddy shares for approximately $438,750, reducing his direct ownership by less than 1%. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, making it less indicative of a discretionary bearish view. SEC Form 4 filing
- Negative Sentiment: Several law firms reiterated that investors may seek lead-plaintiff status in a securities class action against GoDaddy, with an October 20, 2026 deadline. The complaints allege that GoDaddy failed to disclose the adverse impact of a $4.99 one-year domain promotion on upfront bookings and customer-acquisition trends. Levi & Korsinsky announcement
- Negative Sentiment: The litigation covers investors who purchased GoDaddy shares between September 3, 2025, and February 24, 2026, following a significant stock decline that plaintiffs attribute to alleged disclosure failures. A separate October 26 court deadline was also highlighted by Bleichmar Fonti & Auld. The announcements do not establish wrongdoing, but potential legal costs, reputational damage, and additional disclosure scrutiny could weigh on sentiment. Bleichmar Fonti & Auld announcement
GoDaddy Company Profile
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Get Free Report)
GoDaddy Inc (NYSE:GDDY) is a technology company that provides domain name registration and online services for individuals, entrepreneurs, and small businesses. Its platform enables customers to search for and manage domain names, establish an online presence, and build and maintain websites.
The company offers website and ecommerce tools, managed web hosting, business email, online marketing services, and website security products. GoDaddy also provides tools designed to help businesses manage digital content, customer engagement, appointments, payments, and other day-to-day online activities through an integrated platform.
Founded in 1997 as Jomax Technologies by entrepreneur Bob Parsons, the company later adopted the GoDaddy name and grew into a global provider of online services.
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