GoDaddy (NYSE:GDDY) CEO Amanpal Singh Bhutani Sells 4,500 Shares of Stock

GoDaddy Inc. (NYSE:GDDY) CEO Amanpal Bhutani sold 4,500 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total value of $438,480.00. Following the transaction, the chief executive officer directly owned 512,747 shares of the company’s stock, valued at $49,962,067.68. This trade represents a 0.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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.

Amanpal Singh Bhutani also recently made the following trade(s):

• On Wednesday, September 2nd, Amanpal Bhutani sold 8,194 shares of GoDaddy stock. The shares were sold at an average price of $101.19, for a total value of $829,150.86.
• On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The shares were sold at an average price of $83.15, for a total value of $374,175.00.

GoDaddy Stock Up 1.7%

Shares of NYSE GDDY opened at $103.57 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10. The company has a market cap of $13.12 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 0.91 and a beta of 0.94. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $150.47. The stock has a 50-day moving average price of $93.21 and a two-hundred day moving average price of $87.82.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the company posted $1.41 EPS. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. As a group, analysts forecast that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

Key Headlines Impacting 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 Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Cantor Fitzgerald restated a “neutral” rating and set a $90.00 price objective on shares of GoDaddy in a research report on Friday, July 31st. B. Riley Financial dropped their target price on GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Citigroup cut their price target on GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Wedbush reduced their price target on GoDaddy from $109.00 to $93.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Finally, Raymond James Financial lowered shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 target price on the stock. in a report on Friday, July 31st. 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 stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $110.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GDDY. Corient Private Wealth LP grew its position in shares of GoDaddy by 15.6% in the 2nd quarter. Corient Private Wealth LP now owns 24,856 shares of the technology company’s stock valued at $2,109,000 after buying an additional 3,345 shares during the last quarter. Groupe la Francaise acquired a new stake in shares of GoDaddy in the second quarter valued at about $178,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of GoDaddy during the second quarter worth about $24,929,000. California State Teachers Retirement System raised its position in shares of GoDaddy by 6,098.5% during the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock worth $1,108,733,000 after acquiring an additional 12,851,619 shares during the last quarter. Finally, Paralel Advisors LLC lifted its stake in shares of GoDaddy by 88.2% in the second quarter. Paralel Advisors LLC now owns 27,941 shares of the technology company’s stock worth $2,372,000 after acquiring an additional 13,091 shares during the period. 90.28% of the stock is owned by institutional investors and hedge funds.

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.