Public Employees Retirement System of Ohio Takes $3.19 Million Position in GoDaddy Inc. $GDDY

Public Employees Retirement System of Ohio acquired a new stake in GoDaddy Inc. (NYSE:GDDY) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 37,557 shares of the technology company’s stock, valued at approximately $3,188,000.

Other hedge funds have also added to or reduced their stakes in the company. Coldstream Capital Management Inc. grew its stake in GoDaddy by 4.8% in the third quarter. Coldstream Capital Management Inc. now owns 1,887 shares of the technology company’s stock valued at $258,000 after acquiring an additional 86 shares during the period. Main Street Financial Solutions LLC increased its holdings in shares of GoDaddy by 1.0% in the second quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company’s stock worth $2,185,000 after acquiring an additional 119 shares in the last quarter. Lido Advisors LLC raised its position in shares of GoDaddy by 6.2% during the fourth quarter. Lido Advisors LLC now owns 2,083 shares of the technology company’s stock worth $283,000 after purchasing an additional 121 shares during the period. Vontobel Holding Ltd. raised its position in shares of GoDaddy by 2.0% during the fourth quarter. Vontobel Holding Ltd. now owns 6,859 shares of the technology company’s stock worth $851,000 after purchasing an additional 134 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of GoDaddy by 3.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,318 shares of the technology company’s stock valued at $357,000 after purchasing an additional 147 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy’s latest reported quarter remains a fundamental bright spot: adjusted EPS of $1.83 exceeded the $1.69 consensus estimate, revenue reached $1.30 billion versus $1.29 billion expected, and sales grew 6.6% year over year. The average analyst price target of about $110.07 indicates potential upside if operating performance remains resilient.
• Neutral Sentiment: CEO Amanpal Bhutani, CFO Mark McCaffrey, Chief Accounting Officer Phontip Palitwanon and Director Sigal Zarmi reported stock sales. The transactions were executed under pre-arranged Rule 10b5-1 plans to cover tax obligations tied to vested equity awards, and the executives retained significant positions, limiting their value as a bearish signal. GoDaddy Insider Sales
• Negative Sentiment: Multiple investor-rights firms are soliciting shareholders for a class action covering purchases from September 3, 2025, through February 24, 2026. The complaint alleges GoDaddy 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 while investors were told discounting had been reduced or eliminated. The allegations have not been proven. GoDaddy Securities Class Action Allegations
• Negative Sentiment: The litigation creates potential exposure to legal costs, settlements, management distraction and increased scrutiny of GoDaddy’s customer-acquisition metrics and public disclosures. Investors seeking lead-plaintiff status generally face an October 20, 2026 deadline, although one notice cites October 26. The continuing stream of law-firm announcements is likely adding an overhang to GDDY shares. GoDaddy Class Action Update

Insider Transactions at GoDaddy

In other news, CAO Phontip Palitwanon sold 2,261 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $91.81, for a total value of $207,582.41. Following the completion of the sale, the chief accounting officer owned 17,734 shares of the company’s stock, valued at approximately $1,628,158.54. This represents a 11.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Mark McCaffrey sold 5,873 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total transaction of $592,644.43. Following the completion of the transaction, the chief financial officer directly owned 99,855 shares of the company’s stock, valued at $10,076,368.05. This 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. Over the last 90 days, insiders sold 30,358 shares of company stock valued at $2,883,301. 0.93% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on GDDY. Deutsche Bank Aktiengesellschaft cut GoDaddy to a “buy” rating in a research note on Friday, July 31st. Raymond James Financial lowered shares of 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. William Blair cut shares of GoDaddy from an “outperform” rating to a “market perform” rating in a report on Friday, July 31st. Citigroup lowered their price objective on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Finally, B. Riley Financial dropped their price objective on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, July 31st. 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. Based on data from MarketBeat.com, GoDaddy presently has an average rating of “Hold” and an average price target of $110.07.

GoDaddy Trading Down 2.2%

GoDaddy stock opened at $101.34 on Friday. The company has a market cap of $12.83 billion, a price-to-earnings ratio of 15.04, a P/E/G ratio of 0.93 and a beta of 0.94. The firm has a 50-day moving average of $93.55 and a 200-day moving average of $87.91. 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 Inc. has a one year low of $71.59 and a one year high of $150.47.

GoDaddy (NYSE:GDDY) last released its earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the business earned $1.41 earnings per share. GoDaddy’s quarterly revenue was up 6.6% on a year-over-year basis. On average, equities analysts expect that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

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.