Insider Selling: GoDaddy (NYSE:GDDY) CEO Sells 8,194 Shares

GoDaddy Inc. (NYSE:GDDY) CEO Amanpal Bhutani sold 8,194 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $101.19, for a total transaction of $829,150.86. Following the transaction, the chief executive officer owned 504,553 shares of the company’s stock, valued at $51,055,718.07. This trade represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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.

Amanpal Singh Bhutani also recently made the following trade(s):

• On Tuesday, September 1st, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $97.44, for a total transaction 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 transaction of $374,175.00.

GoDaddy Trading Up 1.7%

Shares of NYSE:GDDY traded up $1.70 during trading on Thursday, reaching $103.57. The company’s stock had a trading volume of 1,895,762 shares, compared to its average volume of 1,805,950. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $150.47. The firm’s 50 day simple moving average is $93.21 and its two-hundred day simple moving average is $87.82. The stock has a market capitalization of $13.12 billion, a PE ratio of 15.37, a price-to-earnings-growth ratio of 0.91 and a beta of 0.94.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations 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, research analysts predict that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.

Hedge Funds Weigh In On GoDaddy

Several hedge funds have recently bought and sold shares of GDDY. California State Teachers Retirement System lifted its position in shares of GoDaddy by 6,098.5% during the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock worth $1,108,733,000 after purchasing an additional 12,851,619 shares during the last quarter. Norges Bank purchased a new stake in shares of GoDaddy during the fourth quarter valued at $250,020,000. AQR Capital Management LLC grew its holdings in shares of GoDaddy by 117.5% in the fourth quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock worth $370,991,000 after purchasing an additional 1,615,005 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of GoDaddy by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,631,100 shares of the technology company’s stock worth $223,183,000 after purchasing an additional 814,360 shares during the last quarter. Finally, Swedbank AB increased its stake in GoDaddy by 433.9% in the 4th quarter. Swedbank AB now owns 645,754 shares of the technology company’s stock worth $80,125,000 after buying an additional 524,811 shares during the period. Institutional investors own 90.28% of the company’s stock.

Analyst Ratings Changes

GDDY has been the topic of several recent research reports. William Blair lowered GoDaddy from an “outperform” rating to a “market perform” rating in a report on Friday, July 31st. Wells Fargo & Company cut shares of GoDaddy from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $80.00 to $76.00 in a research report on Wednesday, August 26th. Cantor Fitzgerald reissued a “neutral” rating and issued a $90.00 target price on shares of GoDaddy in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft lowered shares of GoDaddy to a “buy” rating in a report on Friday, July 31st. Finally, Weiss Ratings raised shares of GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a research note 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $110.07.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Analysts’ average price target of approximately $110.07 implies further upside from recent trading levels. GoDaddy also recently exceeded quarterly earnings and revenue expectations, providing a fundamental counterweight to the legal concerns. GoDaddy Analyst Price Target
• Neutral Sentiment: Multiple investor-rights firms are publicizing the same securities class action and the October 20, 2026 deadline for investors to seek lead-plaintiff status. The repeated announcements primarily increase awareness of existing litigation rather than represent a new operating development. Kaplan Fox GoDaddy Class Action Deadline
• Negative Sentiment: GoDaddy faces a proposed securities-fraud class action covering investors who purchased shares between September 3, 2025, and February 24, 2026. The complaint alleges that the company and certain executives failed to disclose the impact of a $4.99 one-year domain promotion, which allegedly encouraged short-term, lower-value contracts and pressured upfront bookings, despite statements that discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
• Negative Sentiment: Law firms say the alleged disclosure issues preceded an approximately 14% stock decline. Continued litigation could create legal expenses, management distraction, settlement risk and additional pressure on GoDaddy’s valuation. GoDaddy Securities Fraud Lawsuit
• Negative Sentiment: A GoDaddy director sold 325 shares under a pre-arranged Rule 10b5-1 trading plan. The relatively small, scheduled transaction is unlikely to materially affect valuation but may add modest caution among investors. GoDaddy Director Stock Sale

GoDaddy Company Profile

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.