GoDaddy Inc. (NYSE:GDDY – Get Free Report) CAO Phontip Palitwanon sold 530 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $101.19, for a total value of $53,630.70. Following the completion of the sale, the chief accounting officer owned 17,204 shares of the company’s stock, valued at $1,740,872.76. This represents a 2.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Phontip Palitwanon also recently made the following trade(s):
- On Tuesday, August 11th, Phontip Palitwanon sold 2,261 shares of GoDaddy stock. The stock was sold at an average price of $91.81, for a total value of $207,582.41.
GoDaddy Trading Up 1.7%
Shares of GoDaddy stock traded up $1.70 during trading on Thursday, hitting $103.57. 1,895,762 shares of the company were exchanged, compared to its average volume of 1,805,950. The firm has a market capitalization of $13.12 billion, a P/E ratio of 15.37, a price-to-earnings-growth ratio of 0.91 and a beta of 0.94. GoDaddy Inc. has a 1-year low of $71.59 and a 1-year high of $150.47. The firm’s fifty day moving average price is $93.21 and its 200 day moving average price is $87.82. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63.
Trending Headlines about GoDaddy
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
Analyst Ratings Changes
A number of analysts recently commented on the stock. B. Riley Financial lowered their price objective on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Cantor Fitzgerald reiterated a “neutral” rating and set a $90.00 target price on shares of GoDaddy in a report on Friday, July 31st. Raymond James Financial cut GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 target price for the company. in a research note on Friday, July 31st. William Blair lowered GoDaddy from an “outperform” rating to a “market perform” rating in a research report on Friday, July 31st. Finally, Wells Fargo & Company cut 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 report on Wednesday, August 26th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $110.07.
View Our Latest Stock Report on GoDaddy
Institutional Investors Weigh In On GoDaddy
Several institutional investors have recently added to or reduced their stakes in GDDY. International Assets Investment Management LLC increased its holdings in GoDaddy by 93.8% during the 1st 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 in the last quarter. Harbour Investments Inc. lifted its holdings in shares of 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 bought a new stake in shares of GoDaddy in the first quarter valued at about $33,000. Perkins Coie Trust Co acquired a new position in shares of GoDaddy during the second quarter worth about $34,000. Finally, Entrust Financial LLC acquired a new position in shares of GoDaddy during the fourth quarter worth about $35,000. 90.28% of the stock is owned by institutional investors.
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.
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