GoDaddy Inc. (NYSE:GDDY) EVP Nima Kelly sold 1,000 shares of the company’s stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $43.89, for a total transaction of $43,890.00. Following the completion of the sale, the executive vice president now directly owns 29,934 shares in the company, valued at approximately $1,313,803.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Nima Kelly also recently made the following trade(s):

  • On Tuesday, October 10th, Nima Kelly sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $44.32, for a total transaction of $44,320.00.
  • On Tuesday, October 3rd, Nima Kelly sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $43.46, for a total transaction of $43,460.00.
  • On Tuesday, September 26th, Nima Kelly sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $43.31, for a total transaction of $43,310.00.
  • On Tuesday, September 19th, Nima Kelly sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $44.60, for a total transaction of $44,600.00.
  • On Tuesday, September 12th, Nima Kelly sold 3,810 shares of GoDaddy stock. The shares were sold at an average price of $43.58, for a total transaction of $166,039.80.
  • On Friday, September 1st, Nima Kelly sold 8,112 shares of GoDaddy stock. The shares were sold at an average price of $45.00, for a total transaction of $365,040.00.
  • On Tuesday, August 29th, Nima Kelly sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $42.40, for a total transaction of $42,400.00.
  • On Tuesday, August 15th, Nima Kelly sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $41.80, for a total transaction of $41,800.00.

GoDaddy Inc. (NYSE:GDDY) opened at 45.00 on Friday. GoDaddy Inc. has a 52-week low of $31.63 and a 52-week high of $45.37. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 354.33 and a beta of 0.62. The firm has a 50-day moving average of $43.95 and a 200-day moving average of $43.95.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings results on Tuesday, August 8th. The technology company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.10. GoDaddy had a net margin of 1.21% and a return on equity of 6.05%. The company had revenue of $557.80 million for the quarter, compared to the consensus estimate of $551.26 million. During the same period last year, the company posted ($0.11) EPS. The firm’s quarterly revenue was up 22.3% compared to the same quarter last year. On average, equities research analysts forecast that GoDaddy Inc. will post $0.30 EPS for the current fiscal year.

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Several institutional investors and hedge funds have recently bought and sold shares of GDDY. Public Employees Retirement Association of Colorado boosted its stake in shares of GoDaddy by 66.8% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 2,462 shares of the technology company’s stock valued at $104,000 after purchasing an additional 986 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in GoDaddy by 215.1% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,770 shares of the technology company’s stock worth $105,000 after buying an additional 1,891 shares during the period. SG Americas Securities LLC acquired a new stake in GoDaddy during the 2nd quarter worth approximately $118,000. Sei Investments Co. boosted its position in GoDaddy by 160.4% during the 2nd quarter. Sei Investments Co. now owns 3,706 shares of the technology company’s stock worth $158,000 after buying an additional 2,283 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in GoDaddy by 142.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,605 shares of the technology company’s stock worth $195,000 after buying an additional 2,707 shares during the period. Institutional investors own 77.95% of the company’s stock.

A number of analysts recently weighed in on the stock. Zacks Investment Research cut shares of GoDaddy from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Deutsche Bank AG upped their target price on shares of GoDaddy from $48.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Jefferies Group LLC reissued a “buy” rating and issued a $55.00 target price on shares of GoDaddy in a research note on Wednesday, September 20th. B. Riley reissued a “buy” rating and issued a $53.00 target price on shares of GoDaddy in a research note on Monday, July 24th. Finally, William Blair assumed coverage on shares of GoDaddy in a research note on Thursday, October 5th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company. GoDaddy presently has a consensus rating of “Buy” and an average price target of $47.46.

GoDaddy Company Profile

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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