Wellington Management Group LLP Sells 190,680 Shares of GoDaddy Inc. $GDDY

Wellington Management Group LLP lessened its stake in shares of GoDaddy Inc. (NYSE:GDDY) by 86.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,685 shares of the technology company’s stock after selling 190,680 shares during the period. Wellington Management Group LLP’s holdings in GoDaddy were worth $2,520,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC grew its holdings in GoDaddy by 93.8% in the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares during the period. Harbour Investments Inc. increased its stake in GoDaddy by 191.0% in the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock valued at $32,000 after purchasing an additional 170 shares in the last quarter. Acuitas Investments LLC acquired a new position in shares of GoDaddy during the first quarter valued at about $33,000. Perkins Coie Trust Co acquired a new position in shares of GoDaddy during the second quarter valued at about $34,000. Finally, Entrust Financial LLC bought a new position in shares of GoDaddy during the 4th quarter worth about $35,000. 90.28% of the stock is owned by institutional investors.

GoDaddy Stock Up 2.9%

Shares of NYSE GDDY opened at $96.30 on Friday. The stock has a market capitalization of $12.20 billion, a P/E ratio of 14.29, a P/E/G ratio of 0.84 and a beta of 0.94. The company has a 50-day moving average price of $94.32 and a 200-day moving average price of $88.07. GoDaddy Inc. has a 1 year low of $71.59 and a 1 year high of $149.35. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63.

GoDaddy (NYSE:GDDY) last posted its earnings results 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 company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm posted $1.41 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, equities research analysts forecast that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GDDY has been the subject of several research reports. Citigroup reduced their target price on GoDaddy from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Raymond James Financial downgraded GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price target on the stock. in a research note on Friday, July 31st. Piper Sandler reiterated a “neutral” rating and issued a $95.00 price target (up from $93.00) on shares of GoDaddy in a report on Friday, July 31st. Wells Fargo & Company cut GoDaddy from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $80.00 to $76.00 in a research note on Wednesday, August 26th. Finally, Benchmark lowered their target price on GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Nine 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’s stock. According to MarketBeat.com, GoDaddy has an average rating of “Hold” and an average target price of $110.07.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy continues to receive favorable momentum-oriented coverage. Zacks characterized GDDY as a strong long-term momentum stock, which may support investor interest alongside the company’s recent earnings performance. Zacks momentum stock article
• Neutral Sentiment: GoDaddy presented at the Goldman Sachs Communacopia + Technology Conference. The transcript may provide additional context on strategy, customer trends, artificial-intelligence initiatives and growth expectations, but the supplied news does not identify a specific new catalyst. Goldman Sachs conference transcript
• Negative Sentiment: Multiple investor-rights firms—including Rosen, Kaplan Fox, Bronstein Gewirtz & Grossman, Bernstein Liebhard, Pomerantz and others—publicized a securities class action against GoDaddy and certain executives. The notices repeat an October 20, 2026 deadline for investors to seek lead-plaintiff status. Rosen class action notice
• Negative Sentiment: The lawsuit covers investors who purchased GoDaddy securities from September 3, 2025, through February 24, 2026. Allegations reportedly involve material misstatements or omissions concerning GoDaddy’s go-to-market strategy, including an allegedly undisclosed $4.99 one-year domain promotion and claims that “high-intent” customer, AI-platform and bookings trends were presented too favorably. The allegations have not been proven, but the litigation could create legal costs, reputational risk and management distraction. GoDaddy shareholder alert

Insider Buying and Selling at GoDaddy

In other GoDaddy news, Director Sigal Zarmi sold 350 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total transaction of $34,104.00. Following the completion of the sale, the director directly owned 8,283 shares of the company’s stock, valued at approximately $807,095.52. The trade was a 4.05% decrease in their position. 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. Also, CFO Mark McCaffrey sold 5,873 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $100.91, for a total value of $592,644.43. Following the completion of the sale, the chief financial officer directly owned 99,855 shares of the company’s stock, valued at approximately $10,076,368.05. This trade represents a 5.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 26,858 shares of company stock worth $2,593,081. 0.93% of the stock is currently owned by corporate insiders.

GoDaddy Profile

GoDaddy Inc (NYSE: GDDY) is a technology company that provides online tools and services for entrepreneurs, small businesses and individuals. Its offerings are designed to help customers establish, manage and grow an online presence, including domain-name registration, domain search and management, website hosting, professional email and online security services.

The company also provides website-building and commerce solutions that support online stores, appointment scheduling, digital marketing, search-engine optimization, social media management and payment acceptance.