Tidal Investments LLC grew its holdings in GoDaddy Inc. (NYSE:GDDY – Free Report) by 23.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,583 shares of the technology company’s stock after purchasing an additional 7,353 shares during the period. Tidal Investments LLC’s holdings in GoDaddy were worth $3,275,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. California State Teachers Retirement System boosted its stake in shares of GoDaddy by 6,098.5% during the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock valued at $1,108,733,000 after purchasing an additional 12,851,619 shares during the period. Norges Bank purchased a new position in shares of GoDaddy in the fourth quarter worth $250,020,000. Swedbank AB raised its holdings in GoDaddy by 433.9% during the 4th quarter. Swedbank AB now owns 645,754 shares of the technology company’s stock valued at $80,125,000 after buying an additional 524,811 shares during the last quarter. Pacer Advisors Inc. raised its holdings in GoDaddy by 67.0% during the 4th quarter. Pacer Advisors Inc. now owns 1,256,998 shares of the technology company’s stock valued at $155,968,000 after buying an additional 504,374 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in shares of GoDaddy by 79.9% in the first quarter. Assenagon Asset Management S.A. now owns 970,543 shares of the technology company’s stock worth $80,235,000 after purchasing an additional 431,094 shares during the last quarter. 90.28% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research analysts have commented on the company. William Blair lowered GoDaddy from an “outperform” rating to a “market perform” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft downgraded GoDaddy to a “buy” rating in a report on Friday, July 31st. Wedbush dropped their price target on GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a research note on Monday, August 3rd. JPMorgan Chase & Co. cut their price target on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a report on Thursday, June 18th. Finally, B. Riley Financial decreased their price objective on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a report on Friday, July 31st. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $110.07.
GoDaddy Stock Up 6.5%
Shares of NYSE:GDDY opened at $104.47 on Tuesday. The stock has a fifty day simple moving average of $94.89 and a two-hundred day simple moving average of $88.23. The stock has a market capitalization of $13.23 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 0.88 and a beta of 0.94. GoDaddy Inc. has a 12-month low of $71.59 and a 12-month high of $148.19. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10.
GoDaddy (NYSE:GDDY – Get Free Report) last released its earnings results on Thursday, July 30th. The technology company reported $1.83 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 firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm posted $1.41 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, research analysts anticipate that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CAO Phontip Palitwanon sold 2,261 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $91.81, for a total transaction of $207,582.41. Following the sale, the chief accounting officer directly owned 17,734 shares of the company’s stock, valued at approximately $1,628,158.54. This represents a 11.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sigal Zarmi sold 350 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $34,104.00. Following the sale, the director owned 8,283 shares of the company’s stock, valued at approximately $807,095.52. This represents a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 26,858 shares of company stock worth $2,593,081 over the last quarter. 0.93% of the stock is owned by insiders.
More GoDaddy News
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: GoDaddy shares extended a recent rally, with a market-value analysis from GuruFocus arguing that the stock remains undervalued based on its GF Value. The report may have supported buying interest following the stock’s recent gains. Is It Too Late to Buy GoDaddy After a Rally?
- Positive Sentiment: GoDaddy was among several technology stocks trading higher, suggesting that sector-wide momentum also contributed to the stock’s strength rather than a single new company announcement. Technology Stocks Trade Higher
- Neutral Sentiment: A report noted that GoDaddy was heading into the market open after recent gains, confirming continued investor attention but offering no new fundamental catalyst. GoDaddy Stock Heads Into the Open
- Negative Sentiment: Several law firms reminded investors of a securities class action covering purchases from September 3, 2025, through February 24, 2026. The lawsuit alleges that GoDaddy failed to disclose issues involving customer acquisition and an allegedly undisclosed $4.99 one-year domain promotion. The lead-plaintiff deadline is October 20, 2026. The allegations have not been proven, but the litigation could weigh on sentiment and create potential financial and reputational risks. Kaplan Fox Securities Class Action Notice Customer Acquisition Securities Fraud Lawsuit
About GoDaddy
GoDaddy Inc (NYSE: GDDY) is a technology company that provides online tools and services for entrepreneurs, small businesses and individuals. Its offerings are designed to help customers establish, manage and grow an online presence, including domain-name registration, domain search and management, website hosting, professional email and online security services.
The company also provides website-building and commerce solutions that support online stores, appointment scheduling, digital marketing, search-engine optimization, social media management and payment acceptance.
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