1,567 Shares in GoDaddy Inc. $GDDY Purchased by Intrust Bank NA

Intrust Bank NA bought a new stake in shares of GoDaddy Inc. (NYSE:GDDY) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,567 shares of the technology company’s stock, valued at approximately $282,000.

Several other institutional investors also recently added to or reduced their stakes in GDDY. HighPoint Advisor Group LLC raised its stake in GoDaddy by 15.9% during the 1st quarter. HighPoint Advisor Group LLC now owns 2,134 shares of the technology company’s stock valued at $402,000 after purchasing an additional 293 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of GoDaddy by 20.9% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 99,344 shares of the technology company’s stock worth $17,888,000 after purchasing an additional 17,200 shares during the period. Voya Investment Management LLC raised its position in shares of GoDaddy by 102.8% during the first quarter. Voya Investment Management LLC now owns 805,112 shares of the technology company’s stock valued at $145,033,000 after buying an additional 408,178 shares during the last quarter. Andra AP fonden raised its position in shares of GoDaddy by 42.4% during the second quarter. Andra AP fonden now owns 381,310 shares of the technology company’s stock valued at $68,659,000 after buying an additional 113,600 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of GoDaddy by 6.1% in the second quarter. Nordea Investment Management AB now owns 12,730 shares of the technology company’s stock valued at $2,286,000 after buying an additional 735 shares during the period. 90.28% of the stock is owned by institutional investors.

GoDaddy Trading Up 0.2%

Shares of GDDY opened at $125.41 on Wednesday. The stock’s fifty day simple moving average is $135.38 and its 200-day simple moving average is $156.53. The firm has a market capitalization of $16.95 billion, a PE ratio of 22.40, a price-to-earnings-growth ratio of 1.36 and a beta of 0.96. GoDaddy Inc. has a 12-month low of $123.71 and a 12-month high of $216.00. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 9.33.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.01. GoDaddy had a return on equity of 189.42% and a net margin of 17.01%.The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the company earned $1.32 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. GoDaddy has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts predict that GoDaddy Inc. will post 6.63 earnings per share for the current year.

Insiders Place Their Bets

In other GoDaddy news, Director Brian Sharples sold 500 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $133.11, for a total value of $66,555.00. Following the transaction, the director directly owned 19,957 shares of the company’s stock, valued at approximately $2,656,476.27. This trade represents a 2.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Roger Chen sold 1,000 shares of GoDaddy stock in a transaction on Monday, September 15th. The stock was sold at an average price of $145.71, for a total transaction of $145,710.00. Following the sale, the chief operating officer directly owned 251,949 shares of the company’s stock, valued at $36,711,488.79. This represents a 0.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 19,553 shares of company stock valued at $2,825,527 over the last three months. 0.70% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on GDDY shares. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $150.00 price target on shares of GoDaddy in a report on Friday, October 31st. JPMorgan Chase & Co. cut their target price on GoDaddy from $222.00 to $200.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Citigroup decreased their price target on shares of GoDaddy from $214.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Benchmark lowered their price target on shares of GoDaddy from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of GoDaddy in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, GoDaddy has an average rating of “Moderate Buy” and an average target price of $181.14.

GoDaddy Profile

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.