GoDaddy Inc. $GDDY Shares Sold by Sepio Capital LP

Sepio Capital LP reduced its stake in shares of GoDaddy Inc. (NYSE:GDDY) by 11.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,936 shares of the technology company’s stock after selling 1,485 shares during the period. Sepio Capital LP’s holdings in GoDaddy were worth $2,150,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of GDDY. Goldman Sachs Group Inc. raised its position in shares of GoDaddy by 257.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,236,850 shares of the technology company’s stock worth $402,946,000 after purchasing an additional 1,610,890 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of GoDaddy by 1,412.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,347,434 shares of the technology company’s stock worth $242,727,000 after purchasing an additional 1,258,324 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of GoDaddy by 41.1% during the 1st quarter. JPMorgan Chase & Co. now owns 2,439,905 shares of the technology company’s stock worth $439,525,000 after purchasing an additional 710,842 shares during the last quarter. Pacer Advisors Inc. grew its stake in GoDaddy by 893.4% in the 1st quarter. Pacer Advisors Inc. now owns 647,747 shares of the technology company’s stock worth $116,685,000 after acquiring an additional 582,539 shares during the period. Finally, GAMMA Investing LLC raised its holdings in GoDaddy by 18,248.7% in the 1st quarter. GAMMA Investing LLC now owns 513,579 shares of the technology company’s stock valued at $92,516,000 after acquiring an additional 510,780 shares during the last quarter. 90.28% of the stock is currently owned by institutional investors and hedge funds.

GoDaddy Stock Up 0.1%

Shares of NYSE GDDY opened at $145.07 on Friday. GoDaddy Inc. has a 52-week low of $132.51 and a 52-week high of $216.00. The firm has a fifty day moving average of $157.99 and a 200-day moving average of $171.41. The stock has a market capitalization of $20.09 billion, a PE ratio of 25.91, a P/E/G ratio of 1.57 and a beta of 1.02. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 9.33.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.07. GoDaddy had a net margin of 17.01% and a return on equity of 189.42%. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the company earned $1.01 EPS. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. GoDaddy has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts anticipate that GoDaddy Inc. will post 6.63 EPS for the current year.

Wall Street Analyst Weigh In

GDDY has been the subject of several analyst reports. Raymond James Financial cut their price target on GoDaddy from $225.00 to $175.00 and set a “strong-buy” rating for the company in a report on Friday, August 8th. Barclays cut their price target on GoDaddy from $235.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, August 8th. Wells Fargo & Company cut their price target on GoDaddy from $198.00 to $157.00 and set an “equal weight” rating for the company in a report on Friday, August 8th. Royal Bank Of Canada cut their price target on GoDaddy from $225.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Finally, Wall Street Zen downgraded GoDaddy from a “buy” rating to a “hold” rating in a report on Tuesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, GoDaddy currently has an average rating of “Moderate Buy” and a consensus price target of $202.43.

Insider Buying and Selling at GoDaddy

In related news, CFO Mark Mccaffrey sold 3,326 shares of GoDaddy stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $142.21, for a total transaction of $472,990.46. Following the transaction, the chief financial officer owned 70,133 shares in the company, valued at approximately $9,973,613.93. The trade was a 4.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Roger Chen sold 1,000 shares of GoDaddy stock in a transaction on Monday, June 16th. The shares were sold at an average price of $175.96, for a total transaction of $175,960.00. Following the transaction, the chief operating officer owned 254,949 shares in the company, valued at $44,860,826.04. The trade was a 0.39% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,001 shares of company stock worth $4,911,400. Corporate insiders own 0.70% of the company’s stock.

GoDaddy Company Profile

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.