Insider Selling: GoDaddy (NYSE:GDDY) Director Sells $34,104.00 in Stock

GoDaddy Inc. (NYSE:GDDY) Director Sigal Zarmi sold 350 shares of GoDaddy stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $34,104.00. Following the completion of the sale, the director owned 8,283 shares of the company’s stock, valued at approximately $807,095.52. The trade was a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

GoDaddy Trading Down 2.2%

Shares of NYSE:GDDY opened at $101.34 on Friday. The business’s 50 day simple moving average is $93.55 and its 200 day simple moving average is $87.91. GoDaddy Inc. has a 1 year low of $71.59 and a 1 year high of $150.47. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $12.83 billion, a P/E ratio of 15.04, a P/E/G ratio of 0.91 and a beta of 0.94.

GoDaddy (NYSE:GDDY) last released its 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 return on equity of 660.96% and a net margin of 17.83%.The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the company posted $1.41 EPS. The company’s revenue was up 6.6% compared to the same quarter last year. On average, research analysts anticipate that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on GDDY shares. Cantor Fitzgerald reissued a “neutral” rating and issued a $90.00 target price on shares of GoDaddy in a report on Friday, July 31st. JPMorgan Chase & Co. reduced their price target on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a research report on Thursday, June 18th. Wells Fargo & Company cut shares of GoDaddy from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $80.00 to $76.00 in a research note on Wednesday, August 26th. Benchmark lowered their price objective on shares of GoDaddy from $185.00 to $140.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, Wedbush lowered their price objective on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $110.07.

Hedge Funds Weigh In On GoDaddy

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System raised its position in GoDaddy by 6,098.5% in the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock valued at $1,108,733,000 after purchasing an additional 12,851,619 shares during the last quarter. WCM Investment Management LLC grew its holdings in shares of GoDaddy by 1.0% during the first quarter. WCM Investment Management LLC now owns 3,314,456 shares of the technology company’s stock worth $270,924,000 after purchasing an additional 33,509 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of GoDaddy by 11.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company’s stock worth $399,089,000 after purchasing an additional 319,515 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of GoDaddy by 117.5% in the fourth quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock valued at $370,991,000 after buying an additional 1,615,005 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of GoDaddy by 2.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,821,379 shares of the technology company’s stock valued at $350,077,000 after buying an additional 56,086 shares during the period. Institutional investors own 90.28% of the company’s stock.

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

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.