GoDaddy Inc. (NYSE:GDDY) CEO Blake Irving sold 37,500 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $43.64, for a total value of $1,636,500.00. Following the completion of the sale, the chief executive officer now directly owns 40,606 shares of the company’s stock, valued at approximately $1,772,045.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Blake Irving also recently made the following trade(s):

  • On Tuesday, August 8th, Blake Irving sold 37,500 shares of GoDaddy stock. The stock was sold at an average price of $42.47, for a total value of $1,592,625.00.
  • On Tuesday, July 11th, Blake Irving sold 37,500 shares of GoDaddy stock. The stock was sold at an average price of $42.23, for a total value of $1,583,625.00.

GoDaddy Inc. (NYSE GDDY) opened at 43.81 on Friday. The company’s 50-day moving average price is $43.87 and its 200 day moving average price is $40.56. GoDaddy Inc. has a 52 week low of $31.63 and a 52 week high of $44.22. The company has a market capitalization of $4.87 billion, a price-to-earnings ratio of 344.96 and a beta of 0.64.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings data on Tuesday, August 8th. The technology company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.10. The firm had revenue of $557.80 million during the quarter, compared to the consensus estimate of $551.26 million. GoDaddy had a net margin of 1.21% and a return on equity of 6.05%. The business’s revenue for the quarter was up 22.3% compared to the same quarter last year. During the same period last year, the business posted ($0.11) earnings per share. On average, analysts predict that GoDaddy Inc. will post $0.33 EPS for the current year.

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A number of analysts have weighed in on the company. Zacks Investment Research cut GoDaddy from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Deutsche Bank AG boosted their price target on GoDaddy from $48.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, August 14th. B. Riley reaffirmed a “buy” rating and issued a $53.00 price target on shares of GoDaddy in a research report on Monday, July 24th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of GoDaddy in a research report on Saturday, August 26th. Finally, BidaskClub raised GoDaddy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $46.47.

A number of hedge funds have recently modified their holdings of the business. FMR LLC lifted its position in GoDaddy by 40.9% during the second quarter. FMR LLC now owns 10,839,221 shares of the technology company’s stock worth $459,800,000 after acquiring an additional 3,148,349 shares during the last quarter. Vanguard Group Inc. lifted its position in GoDaddy by 26.8% during the second quarter. Vanguard Group Inc. now owns 7,553,811 shares of the technology company’s stock worth $320,434,000 after acquiring an additional 1,598,137 shares during the last quarter. JPMorgan Chase & Co. lifted its position in GoDaddy by 6.7% during the second quarter. JPMorgan Chase & Co. now owns 6,206,386 shares of the technology company’s stock worth $263,274,000 after acquiring an additional 387,731 shares during the last quarter. BlackRock Inc. lifted its position in GoDaddy by 33.1% during the second quarter. BlackRock Inc. now owns 2,773,646 shares of the technology company’s stock worth $117,659,000 after acquiring an additional 689,501 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in GoDaddy by 41.5% during the second quarter. Franklin Resources Inc. now owns 2,180,197 shares of the technology company’s stock worth $92,484,000 after acquiring an additional 639,600 shares during the last quarter. Hedge funds and other institutional investors own 77.88% of the company’s stock.

About GoDaddy

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.

Insider Buying and Selling by Quarter for GoDaddy (NYSE:GDDY)

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