Phontip Palitwanon Sells 542 Shares of GoDaddy (NYSE:GDDY) Stock

Posted by George Bondi on Jun 6th, 2026

GoDaddy Inc. (NYSE:GDDY – Get Free Report) CAO Phontip Palitwanon sold 542 shares of GoDaddy stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.86, for a total value of $48,704.12. Following the completion of the sale, the chief accounting officer owned 19,995 shares in the company, valued at approximately $1,796,750.70. The trade was a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Phontip Palitwanon also recently made the following trade(s):

On Monday, May 18th, Phontip Palitwanon sold 12 shares of GoDaddy stock. The stock was sold at an average price of $89.15, for a total value of $1,069.80.
On Tuesday, March 10th, Phontip Palitwanon sold 1,310 shares of GoDaddy stock. The stock was sold at an average price of $90.15, for a total value of $118,096.50.

GoDaddy Trading Down 0.3%

GDDY stock opened at $84.59 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 15.86. GoDaddy Inc. has a 12-month low of $73.06 and a 12-month high of $183.34. The stock has a market cap of $11.20 billion, a price-to-earnings ratio of 13.38, a PEG ratio of 0.76 and a beta of 0.90. The business’s 50-day moving average is $85.70 and its 200 day moving average is $99.60.

GoDaddy (NYSE:GDDY – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.07. GoDaddy had a return on equity of 366.90% and a net margin of 17.32%.The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the previous year, the firm posted $1.51 EPS. GoDaddy’s revenue was up 6.1% compared to the same quarter last year. On average, sell-side analysts anticipate that GoDaddy Inc. will post 7.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of GoDaddy during the 4th quarter worth approximately $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of GoDaddy during the 4th quarter worth approximately $25,000. Activest Wealth Management boosted its holdings in shares of GoDaddy by 6,600.0% during the 4th quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock worth $25,000 after purchasing an additional 198 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in GoDaddy by 93.8% in the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock valued at $30,000 after acquiring an additional 180 shares during the last quarter. Finally, Harbour Investments Inc. lifted its holdings in GoDaddy by 191.0% in the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock valued at $32,000 after acquiring an additional 170 shares during the last quarter. 90.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GDDY has been the topic of several research analyst reports. Wells Fargo & Company lifted their price objective on GoDaddy from $77.00 to $83.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Evercore set a $95.00 price objective on GoDaddy in a report on Wednesday, February 25th. Barclays lowered their price objective on GoDaddy from $200.00 to $118.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Jefferies Financial Group lowered their price objective on GoDaddy from $140.00 to $100.00 and set a “hold” rating on the stock in a report on Monday, February 23rd. Finally, Piper Sandler initiated coverage on GoDaddy in a report on Thursday, March 12th. They set a “neutral” rating and a $93.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, GoDaddy presently has a consensus rating of “Moderate Buy” and an average target price of $120.57.

Get Our Latest Report on GDDY

About GoDaddy

(Get Free Report)

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.