GoDaddy Inc. (NYSE:GDDY – Get Free Report) Director Sigal Zarmi sold 350 shares of the company’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 sale, the director directly owned 8,283 shares of the company’s stock, valued at approximately $807,095.52. This trade represents a 4.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GoDaddy Price Performance
Shares of NYSE GDDY traded up $1.70 during trading hours on Thursday, hitting $103.57. 1,895,762 shares of the stock were exchanged, compared to its average volume of 1,805,950. The company’s fifty day simple moving average is $93.21 and its two-hundred day simple moving average is $87.82. The company has a market cap 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. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63. GoDaddy Inc. has a 1-year low of $71.59 and a 1-year high of $150.47.
GoDaddy (NYSE:GDDY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, beating 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 business 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 business earned $1.41 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis. On average, sell-side analysts predict that GoDaddy Inc. will post 7.21 EPS for the current year.
Trending Headlines about GoDaddy
- 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
Institutional Investors Weigh In On GoDaddy
Institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its holdings in GoDaddy by 5.7% in the fourth quarter. BNP Paribas Financial Markets now owns 945,202 shares of the technology company’s stock valued at $117,281,000 after acquiring an additional 50,959 shares during the last quarter. Renaissance Technologies LLC raised its holdings in GoDaddy by 27.0% during the 1st quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company’s stock worth $45,741,000 after purchasing an additional 117,800 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in GoDaddy during the 4th quarter worth approximately $9,303,000. Swiss National Bank lifted its position in shares of GoDaddy by 4.5% in the 1st quarter. Swiss National Bank now owns 396,500 shares of the technology company’s stock worth $32,779,000 after purchasing an additional 17,100 shares during the period. Finally, Diamond Hill Capital Management LLC Investment Advisor bought a new stake in shares of GoDaddy in the 2nd quarter valued at $28,938,000. 90.28% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft downgraded GoDaddy to a “buy” rating in a research note on Friday, July 31st. Piper Sandler reaffirmed a “neutral” rating and set a $95.00 price target (up from $93.00) on shares of GoDaddy in a report on Friday, July 31st. Cantor Fitzgerald reiterated a “neutral” rating and set a $90.00 price objective on shares of GoDaddy in a research report on Friday, July 31st. Raymond James Financial downgraded shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective for the company. in a research note on Friday, July 31st. Finally, Weiss Ratings upgraded shares of GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $110.07.
View Our Latest Stock Analysis on GoDaddy
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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