Healthcare of Ontario Pension Plan Trust Fund Cuts Stake in GoDaddy Inc. $GDDY

Healthcare of Ontario Pension Plan Trust Fund lessened its holdings in GoDaddy Inc. (NYSE:GDDY) by 87.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,492 shares of the technology company’s stock after selling 60,143 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in GoDaddy were worth $702,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sivia Capital Partners LLC increased its holdings in shares of GoDaddy by 90.3% in the second quarter. Sivia Capital Partners LLC now owns 3,271 shares of the technology company’s stock worth $589,000 after buying an additional 1,552 shares during the period. Cerity Partners LLC increased its stake in GoDaddy by 50.0% in the 2nd quarter. Cerity Partners LLC now owns 27,189 shares of the technology company’s stock worth $4,896,000 after purchasing an additional 9,062 shares during the period. Treasurer of the State of North Carolina lifted its position in GoDaddy by 83.0% in the second quarter. Treasurer of the State of North Carolina now owns 155,593 shares of the technology company’s stock valued at $28,016,000 after purchasing an additional 70,585 shares during the last quarter. Osterweis Capital Management Inc. purchased a new stake in shares of GoDaddy during the second quarter valued at approximately $152,000. Finally, Main Street Financial Solutions LLC grew 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 purchasing an additional 119 shares during the last quarter. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

GoDaddy Stock Up 0.1%

Shares of NYSE GDDY opened at $82.79 on Monday. The firm has a fifty day simple moving average of $86.64 and a two-hundred day simple moving average of $88.62. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $165.11. The company has a current ratio of 0.63, a quick ratio of 0.67 and a debt-to-equity ratio of 561.10. The firm has a market capitalization of $10.96 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 0.74 and a beta of 0.90.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (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 company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the company earned $1.41 earnings per share. GoDaddy’s quarterly revenue was up 6.6% on a year-over-year basis. Equities analysts expect that GoDaddy Inc. will post 7.18 earnings per share for the current year.

More GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy reported second-quarter adjusted earnings of $1.83 per share, above the roughly $1.69–$1.72 consensus range, while revenue rose 6.6% year over year to approximately $1.30 billion, slightly exceeding estimates. GoDaddy Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Growth was supported by rising average revenue per user, strength across both business segments and accelerating adoption of Airo, GoDaddy’s AI-powered product suite. Airo’s annualized recurring revenue reportedly increased fivefold to $50 million, helping drive record margins and free cash flow. GoDaddy Q2 Earnings Call Highlights
• Positive Sentiment: Management forecast third-quarter revenue of $1.315 billion to $1.335 billion and reaffirmed its approximately $1.8 billion full-year free-cash-flow target. Full-year revenue guidance remains $5.2 billion to $5.3 billion. GoDaddy Forecasts Q3 Revenue and Reaffirms Free Cash Flow
• Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reaffirmed a Neutral rating with a $90 target, while Benchmark maintained Buy despite reducing its target to $140. Raymond James cut GoDaddy from Strong Buy to Outperform and set a $100 target, citing limited visibility. Raymond James Analyst Action
• Negative Sentiment: Investors viewed the quarterly outlook as underwhelming relative to expectations, with several reports describing the guidance as weak despite the earnings beat. Concerns also persist that AI could pressure GoDaddy’s traditional website and domain businesses and weigh on future margins. GoDaddy Goes Down After Q2 Results and Outlook
• Negative Sentiment: Bearish trading activity intensified, with put-option volume reaching 11,680 contracts—nearly five times the typical daily level. Separate law-firm investigations into potential securities-law violations added another source of investor uncertainty.

Insider Transactions at GoDaddy

In related news, CAO Phontip Palitwanon sold 542 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $89.86, for a total value of $48,704.12. Following the sale, the chief accounting officer directly owned 19,995 shares of the company’s stock, valued at $1,796,750.70. This represents a 2.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Amanpal Singh Bhutani sold 8,373 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $89.86, for a total transaction of $752,397.78. Following the sale, the chief executive officer owned 521,747 shares in the company, valued at approximately $46,884,185.42. This trade represents a 1.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 16,751 shares of company stock worth $1,480,228 over the last quarter. Insiders own 0.93% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on GDDY. Piper Sandler reiterated a “neutral” rating and set a $95.00 price target (up from $93.00) on shares of GoDaddy in a report on Friday. B. Riley Financial dropped their target price on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a report on Friday. William Blair cut GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday. Weiss Ratings restated a “hold (c-)” rating on shares of GoDaddy in a report on Tuesday, June 16th. Finally, Wedbush reiterated an “outperform” rating on shares of GoDaddy in a report on Tuesday, July 28th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.93.

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.