Callan Family Office LLC Takes $367,000 Position in GoDaddy Inc. $GDDY

Callan Family Office LLC bought a new stake in GoDaddy Inc. (NYSE:GDDY) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,036 shares of the technology company’s stock, valued at approximately $367,000.

A number of other large investors have also modified their holdings of GDDY. Fifth Third Bancorp grew its stake in shares of GoDaddy by 90.7% in the first quarter. Fifth Third Bancorp now owns 1,894 shares of the technology company’s stock valued at $341,000 after buying an additional 901 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in GoDaddy by 13.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,883 shares of the technology company’s stock valued at $1,060,000 after purchasing an additional 699 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in GoDaddy by 99.3% in the first quarter. Exchange Traded Concepts LLC now owns 3,432 shares of the technology company’s stock valued at $618,000 after purchasing an additional 1,710 shares during the last quarter. Sowell Financial Services LLC purchased a new position in GoDaddy in the first quarter valued at about $291,000. Finally, Sagespring Wealth Partners LLC boosted its holdings in GoDaddy by 15.6% in the first quarter. Sagespring Wealth Partners LLC now owns 2,405 shares of the technology company’s stock valued at $433,000 after purchasing an additional 325 shares during the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Mark Mccaffrey sold 3,326 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $142.21, for a total value of $472,990.46. Following the sale, the chief financial officer owned 70,133 shares of the company’s stock, valued at approximately $9,973,613.93. This trade represents a 4.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Brian Sharples sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $136.57, for a total value of $68,285.00. Following the completion of the sale, the director directly owned 20,457 shares in the company, valued at approximately $2,793,812.49. This trade represents a 2.39% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,203 shares of company stock worth $4,031,238. 0.70% of the stock is currently owned by insiders.

GoDaddy Trading Down 1.6%

Shares of NYSE GDDY opened at $130.21 on Thursday. The company has a market cap of $18.03 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 1.42 and a beta of 0.98. GoDaddy Inc. has a 12-month low of $129.32 and a 12-month high of $216.00. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 9.33. The stock’s 50 day simple moving average is $142.14 and its 200 day simple moving average is $164.25.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.07. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.21 billion. GoDaddy had a return on equity of 189.42% and a net margin of 17.01%.The business’s revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the business posted $1.01 EPS. GoDaddy has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that GoDaddy Inc. will post 6.63 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on GDDY. Weiss Ratings reissued a “hold (c+)” rating on shares of GoDaddy in a report on Wednesday, October 8th. Royal Bank Of Canada reduced their price target on GoDaddy from $225.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Barclays reduced their price target on GoDaddy from $235.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, August 8th. UBS Group reduced their price target on GoDaddy from $215.00 to $160.00 and set a “neutral” rating for the company in a report on Tuesday, September 30th. Finally, Citigroup reduced their price target on GoDaddy from $234.00 to $214.00 and set a “buy” rating for the company in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $199.00.

GoDaddy Profile

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.