GoDaddy (NYSE:GDDY) CEO Sells $438,480.00 in Stock

GoDaddy Inc. (NYSE:GDDY) CEO Amanpal Bhutani sold 4,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total value of $438,480.00. Following the completion of the transaction, the chief executive officer directly owned 512,747 shares of the company’s stock, valued at $49,962,067.68. The trade was a 0.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 Wednesday, September 2nd, Amanpal Bhutani sold 8,194 shares of GoDaddy stock. The shares were sold at an average price of $101.19, for a total transaction of $829,150.86.
• On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The shares were sold at an average price of $83.15, for a total transaction of $374,175.00.

GoDaddy Price Performance

NYSE:GDDY opened at $101.34 on Friday. The stock has a market capitalization of $12.83 billion, a PE ratio of 15.04, a price-to-earnings-growth 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 has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10. The stock’s 50-day moving average price is $93.55 and its 200-day moving average price is $87.91.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $1.41 earnings per share. GoDaddy’s revenue for the quarter was up 6.6% on a year-over-year basis. As a group, equities analysts expect that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LP boosted its stake in GoDaddy by 15.6% during the 2nd quarter. Corient Private Wealth LP now owns 24,856 shares of the technology company’s stock worth $2,109,000 after purchasing an additional 3,345 shares during the last quarter. Groupe la Francaise acquired a new stake in shares of GoDaddy in the second quarter valued at about $178,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of GoDaddy in the second quarter worth about $24,929,000. California State Teachers Retirement System lifted its stake in shares of GoDaddy by 6,098.5% in the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock worth $1,108,733,000 after buying an additional 12,851,619 shares in the last quarter. Finally, Paralel Advisors LLC boosted its position in GoDaddy by 88.2% during the second quarter. Paralel Advisors LLC now owns 27,941 shares of the technology company’s stock worth $2,372,000 after acquiring an additional 13,091 shares during the last quarter. Hedge funds and other institutional investors own 90.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GDDY. JPMorgan Chase & Co. reduced their price objective on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a research report on Thursday, June 18th. Piper Sandler reiterated a “neutral” rating and issued a $95.00 target price (up from $93.00) on shares of GoDaddy in a research report on Friday, July 31st. Wedbush cut their target price on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft downgraded shares of GoDaddy to a “buy” rating in a research report on Friday, July 31st. Finally, Benchmark lowered their price objective on GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $110.07.

GoDaddy News Summary

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

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.