GoDaddy Inc. (NYSE:GDDY – Get Free Report) CFO Mark McCaffrey sold 5,873 shares of the company’s stock in a transaction 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 transaction, the chief financial officer directly owned 99,855 shares in the company, valued at approximately $10,076,368.05. This represents a 5.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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.
Mark Mccaffrey also recently made the following trade(s):
- On Monday, June 8th, Mark McCaffrey sold 3,500 shares of GoDaddy stock. The stock was sold at an average price of $82.92, for a total value of $290,220.00.
GoDaddy Trading Down 2.2%
Shares of NYSE GDDY opened at $101.34 on Friday. The company’s 50 day simple moving average is $93.55 and its 200 day simple moving average is $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 fifty-two week low of $71.59 and a fifty-two week high of $150.47. The firm has a market capitalization of $12.83 billion, a P/E ratio of 15.04, a P/E/G ratio of 0.93 and a beta of 0.94.
Key Stories Impacting GoDaddy
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
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its position in GoDaddy by 5.7% in the 4th 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 in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of GoDaddy by 27.0% in the first quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company’s stock valued at $45,741,000 after purchasing an additional 117,800 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of GoDaddy in the fourth quarter valued at approximately $9,303,000. Swiss National Bank boosted its position in shares of GoDaddy by 4.5% during the first quarter. Swiss National Bank now owns 396,500 shares of the technology company’s stock valued at $32,779,000 after buying an additional 17,100 shares during the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in GoDaddy in the 2nd quarter valued at $28,938,000. 90.28% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on GDDY shares. Deutsche Bank Aktiengesellschaft cut GoDaddy to a “buy” rating in a research note on Friday, July 31st. Weiss Ratings raised shares of GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Wedbush reduced their target price on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. William Blair downgraded shares of GoDaddy from an “outperform” rating to a “market perform” rating in a research report on Friday, July 31st. Finally, Citigroup lowered their price target on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Nine equities research 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. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $110.07.
Check Out Our Latest Report on GDDY
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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