Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of GoDaddy Inc. (NYSE:GDDY)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of GoDaddy Inc. (NYSE:GDDY). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in GoDaddy stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

GoDaddy Price Performance

Shares of GoDaddy stock traded down $1.12 during trading on Tuesday, hitting $86.96. 1,286,693 shares of the stock traded hands, compared to its average volume of 2,244,013. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 15.86. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of 13.76, a PEG ratio of 0.79 and a beta of 0.92. The firm’s fifty day moving average is $84.94 and its 200-day moving average is $104.87. GoDaddy Inc. has a 52 week low of $73.06 and a 52 week high of $190.50.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.53 by $0.07. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.26 billion. GoDaddy had a return on equity of 366.90% and a net margin of 17.32%.The company’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.51 EPS. Research analysts expect that GoDaddy Inc. will post 7.17 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on GDDY shares. UBS Group started coverage on GoDaddy in a research report on Tuesday, May 5th. They set a “neutral” rating and a $100.00 price target on the stock. JPMorgan Chase & Co. reduced their price target on GoDaddy from $167.00 to $154.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Jefferies Financial Group reduced their price target on GoDaddy from $140.00 to $100.00 and set a “hold” rating on the stock in a research report on Monday, February 23rd. Cantor Fitzgerald reduced their price target on GoDaddy from $130.00 to $90.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Finally, Morgan Stanley reduced their price target on GoDaddy from $159.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, GoDaddy presently has a consensus rating of “Moderate Buy” and a consensus price target of $120.57.

Institutional Investors Weigh In On GoDaddy

Large investors have recently made changes to their positions in the business. Hemington Wealth Management grew its position in shares of GoDaddy by 85.9% in the 3rd quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock worth $25,000 after buying an additional 85 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of GoDaddy in the 4th quarter worth approximately $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of GoDaddy in the 4th quarter worth approximately $25,000. Activest Wealth Management grew its position in shares of GoDaddy by 6,600.0% in the 4th quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock worth $25,000 after buying an additional 198 shares during the last quarter. Finally, International Assets Investment Management LLC grew 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 worth $30,000 after buying an additional 180 shares during the last quarter. 90.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Leah Sweet sold 650 shares of GoDaddy stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $86.86, for a total value of $56,459.00. Following the sale, the director directly owned 11,414 shares in the company, valued at approximately $991,420.04. This trade represents a 5.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Phontip Palitwanon sold 1,310 shares of GoDaddy stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $90.15, for a total value of $118,096.50. Following the completion of the sale, the chief accounting officer owned 20,349 shares in the company, valued at approximately $1,834,462.35. This represents a 6.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 61,918 shares of company stock valued at $5,500,469 in the last 90 days. 0.93% of the stock is owned by corporate insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About GoDaddy

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.