GoDaddy (NYSE:GDDY) CFO Mark Mccaffrey Sells 17,406 Shares

GoDaddy Inc. (NYSE:GDDY) CFO Mark Mccaffrey sold 17,406 shares of GoDaddy stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $88.99, for a total value of $1,548,959.94. Following the sale, the chief financial officer directly owned 113,003 shares in the company, valued at approximately $10,056,136.97. The trade was a 13.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Mark Mccaffrey also recently made the following trade(s):

• On Tuesday, March 3rd, Mark Mccaffrey sold 2,407 shares of GoDaddy stock. The stock was sold at an average price of $87.83, for a total value of $211,406.81.

GoDaddy Stock Down 0.9%

Shares of NYSE GDDY traded down $0.80 during mid-day trading on Friday, hitting $92.33. 297,633 shares of the stock traded hands, compared to its average volume of 2,188,359. The company has a market cap of $12.48 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 0.81 and a beta of 0.96. The stock has a fifty day moving average price of $101.89 and a 200-day moving average price of $123.42. GoDaddy Inc. has a 52 week low of $73.06 and a 52 week high of $193.55. The company has a debt-to-equity ratio of 17.50, a quick ratio of 0.61 and a current ratio of 0.61.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings data on Tuesday, February 24th. The technology company reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.22. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. GoDaddy had a return on equity of 369.00% and a net margin of 17.67%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.36 earnings per share. Research analysts anticipate that GoDaddy Inc. will post 6.63 EPS for the current year.

Wall Street Analyst Weigh In

GDDY has been the topic of a number of recent research reports. Benchmark cut their target price on GoDaddy from $240.00 to $210.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Evercore set a $95.00 price objective on GoDaddy in a research report on Wednesday, February 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GoDaddy in a report on Wednesday, January 28th. Jefferies Financial Group lowered their target price on shares of GoDaddy from $140.00 to $100.00 and set a “hold” rating on the stock in a research note on Monday, February 23rd. Finally, Cantor Fitzgerald cut their price target on GoDaddy from $130.00 to $90.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $131.93.

Key Headlines Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy reported a recent quarterly beat (EPS $1.80 vs. $1.58 expected) with revenue roughly in line and year‑over‑year revenue growth, which provides fundamental support for the shares. Read More.
• Neutral Sentiment: Analyst consensus remains a “Moderate Buy” on GDDY, reflecting mixed views across the sell side — this limits downside but hasn’t offset fresh negative catalysts. Read More.
• Negative Sentiment: Evercore ISI cut its price target to $95 and kept an “In Line” rating — a clear near‑term headwind to sentiment and potential selling pressure from funds tied to analyst targets. Read More.
• Negative Sentiment: Other recent analyst reductions (Citigroup, RBC, Wells Fargo among others) have slashed multiple targets and trimmed upside expectations — this broad re‑rating contributes to the stock decline by reducing bullish analyst support. Read More.
• Negative Sentiment: Several insiders sold material amounts this week: CEO Amanpal Bhutani (34,148 shares on Mar 4, plus earlier sales), CFO Mark McCaffrey (17,406 shares on Mar 4 and earlier sales), the CAO and a director also sold smaller stakes — executive selling at these volumes is signalling near‑term supply and can weigh on investor sentiment. SEC filings: CEO sale Read More.; CFO sale Read More.; CAO sale Read More.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GDDY. NewSquare Capital LLC lifted its stake in GoDaddy by 170.9% in the second quarter. NewSquare Capital LLC now owns 149 shares of the technology company’s stock worth $27,000 after acquiring an additional 94 shares during the period. Hemington Wealth Management raised its holdings in shares of GoDaddy by 85.9% in the 3rd quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock valued at $25,000 after purchasing an additional 85 shares in the last quarter. Rachor Investment Advisory Services LLC purchased a new stake in shares of GoDaddy in the 4th quarter worth approximately $25,000. Activest Wealth Management boosted its stake in shares of GoDaddy by 6,600.0% during the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock valued at $25,000 after purchasing an additional 198 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of GoDaddy during the fourth quarter valued at approximately $25,000. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

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.