GoDaddy (NYSE:GDDY) CEO Sells $829,150.86 in Stock

GoDaddy Inc. (NYSE:GDDY) CEO Amanpal Bhutani sold 8,194 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total transaction of $829,150.86. Following the completion of the sale, the chief executive officer owned 504,553 shares in the company, valued at $51,055,718.07. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amanpal Singh Bhutani also recently made the following trade(s):

• On Tuesday, September 1st, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $97.44, for a total value of $438,480.00.
• On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $83.15, for a total value of $374,175.00.

GoDaddy Stock Down 2.2%

GDDY stock opened at $101.34 on Friday. 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 firm 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 Inc. has a 52-week low of $71.59 and a 52-week high of $150.47. The company’s 50 day simple moving average is $93.55 and its 200-day simple moving average is $87.91.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company posted $1.41 EPS. As a group, equities research analysts anticipate that GoDaddy Inc. will post 7.21 EPS for the current year.

Institutional Trading of GoDaddy

Large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in GoDaddy by 5.7% during the fourth quarter. BNP Paribas Financial Markets now owns 945,202 shares of the technology company’s stock valued at $117,281,000 after purchasing an additional 50,959 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of GoDaddy by 27.0% in the first quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company’s stock worth $45,741,000 after buying an additional 117,800 shares during the last quarter. Swiss National Bank lifted its stake in shares of GoDaddy by 4.5% in the first quarter. Swiss National Bank now owns 396,500 shares of the technology company’s stock worth $32,779,000 after buying an additional 17,100 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of GoDaddy during the 4th quarter worth $9,303,000. Finally, Diamond Hill Capital Management LLC Investment Advisor acquired a new position in GoDaddy in the 2nd quarter valued at $28,938,000. 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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on GDDY shares. Raymond James Financial cut shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price target on the stock. in a report on Friday, July 31st. Wedbush reduced their price objective on GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Piper Sandler restated a “neutral” rating and issued a $95.00 target price (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. B. Riley Financial dropped their target price on GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Finally, Citigroup cut their price target on GoDaddy from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $110.07.

About GoDaddy

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.