Godaddy Inc (GDDY) Insider Steven Aldrich Sells 6,510 Shares
Godaddy Inc (NYSE:GDDY) insider Steven Aldrich sold 6,510 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $60.36, for a total value of $392,943.60. Following the transaction, the insider now directly owns 34,106 shares of the company’s stock, valued at $2,058,638.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Steven Aldrich also recently made the following trade(s):
- On Monday, February 26th, Steven Aldrich sold 10,000 shares of Godaddy stock. The shares were sold at an average price of $61.38, for a total value of $613,800.00.
Shares of Godaddy Inc (NYSE:GDDY) opened at $60.69 on Friday. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.59 and a quick ratio of 0.57. The stock has a market capitalization of $10,097.97, a P/E ratio of 189.66, a price-to-earnings-growth ratio of 5.26 and a beta of 0.57. Godaddy Inc has a 52 week low of $35.72 and a 52 week high of $61.85.
A number of large investors have recently added to or reduced their stakes in GDDY. Technology Crossover Management VII Ltd. raised its stake in Godaddy by 263.1% in the fourth quarter. Technology Crossover Management VII Ltd. now owns 25,790,717 shares of the technology company’s stock valued at $1,296,757,000 after buying an additional 18,688,095 shares during the period. Capital International Investors raised its stake in Godaddy by 628.1% in the third quarter. Capital International Investors now owns 3,715,574 shares of the technology company’s stock valued at $161,665,000 after buying an additional 3,205,274 shares during the period. Egerton Capital UK LLP bought a new stake in Godaddy in the fourth quarter valued at approximately $47,953,000. BlackRock Inc. increased its stake in shares of Godaddy by 15.0% during the fourth quarter. BlackRock Inc. now owns 5,029,012 shares of the technology company’s stock worth $252,860,000 after purchasing an additional 654,239 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Godaddy by 26.1% during the fourth quarter. Renaissance Technologies LLC now owns 2,992,900 shares of the technology company’s stock worth $150,483,000 after purchasing an additional 619,500 shares during the period. Hedge funds and other institutional investors own 84.84% of the company’s stock.
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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.
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