Traders Purchase High Volume of Put Options on GoDaddy (NYSE:GDDY)

Posted by George Bondi on Aug 1st, 2026

GoDaddy Inc. (NYSE:GDDY – Get Free Report) saw unusually large options trading on Friday. Investors bought 11,680 put options on the stock. This represents an increase of approximately 493% compared to the average volume of 1,969 put options.

Insiders Place Their Bets

In other news, CFO Mark Mccaffrey sold 3,500 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $82.92, for a total value of $290,220.00. Following the completion of the sale, the chief financial officer directly owned 105,728 shares in the company, valued at approximately $8,766,965.76. This trade represents a 3.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Amanpal Singh Bhutani sold 8,373 shares of GoDaddy stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $89.86, for a total value of $752,397.78. Following the completion of the transaction, the chief executive officer directly owned 521,747 shares of the company’s stock, valued at $46,884,185.42. This represents a 1.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 16,751 shares of company stock valued at $1,480,228. 0.93% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On GoDaddy

A number of hedge funds and other institutional investors have recently bought and sold shares of GDDY. BNP Paribas Financial Markets boosted its position in shares of GoDaddy by 5.7% in the 4th quarter. BNP Paribas Financial Markets now owns 945,202 shares of the technology company’s stock worth $117,281,000 after purchasing an additional 50,959 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in GoDaddy in the fourth quarter valued at about $9,303,000. Northwestern Mutual Wealth Management Co. lifted its stake in GoDaddy by 22,341.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 117,142 shares of the technology company’s stock valued at $14,535,000 after buying an additional 116,620 shares during the period. Swedbank AB lifted its stake in GoDaddy by 433.9% in the fourth 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 period. Finally, Swiss National Bank boosted its holdings in GoDaddy by 4.5% during 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. 90.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GDDY. William Blair downgraded shares of GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday. B. Riley Financial decreased their price target on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday. Wells Fargo & Company lowered their price target on shares of GoDaddy from $83.00 to $80.00 and set an “equal weight” rating for the company in a report on Friday. UBS Group assumed coverage on shares of GoDaddy in a research report on Tuesday, May 5th. They issued a “neutral” rating and a $100.00 price objective for the company. Finally, JPMorgan Chase & Co. reduced their price objective on GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a report on Thursday, June 18th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $111.93.

Get Our Latest Analysis on GoDaddy

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

Positive Sentiment: GoDaddy reported second-quarter adjusted earnings of $1.83 per share, above the roughly $1.69–$1.72 consensus range, while revenue rose 6.6% year over year to approximately $1.30 billion, slightly exceeding estimates. GoDaddy Q2 Earnings and Revenues Surpass Estimates
Positive Sentiment: Growth was supported by rising average revenue per user, strength across both business segments and accelerating adoption of Airo, GoDaddy’s AI-powered product suite. Airo’s annualized recurring revenue reportedly increased fivefold to $50 million, helping drive record margins and free cash flow. GoDaddy Q2 Earnings Call Highlights
Positive Sentiment: Management forecast third-quarter revenue of $1.315 billion to $1.335 billion and reaffirmed its approximately $1.8 billion full-year free-cash-flow target. Full-year revenue guidance remains $5.2 billion to $5.3 billion. GoDaddy Forecasts Q3 Revenue and Reaffirms Free Cash Flow
Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reaffirmed a Neutral rating with a $90 target, while Benchmark maintained Buy despite reducing its target to $140. Raymond James cut GoDaddy from Strong Buy to Outperform and set a $100 target, citing limited visibility. Raymond James Analyst Action
Negative Sentiment: Investors viewed the quarterly outlook as underwhelming relative to expectations, with several reports describing the guidance as weak despite the earnings beat. Concerns also persist that AI could pressure GoDaddy’s traditional website and domain businesses and weigh on future margins. GoDaddy Goes Down After Q2 Results and Outlook
Negative Sentiment: Bearish trading activity intensified, with put-option volume reaching 11,680 contracts—nearly five times the typical daily level. Separate law-firm investigations into potential securities-law violations added another source of investor uncertainty.

GoDaddy Stock Performance

GoDaddy stock opened at $82.79 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 has a 1 year low of $71.59 and a 1 year high of $165.11. The company has a market cap of $10.96 billion, a PE ratio of 12.28, a PEG ratio of 0.90 and a beta of 0.89. The company’s 50-day moving average is $86.64 and its two-hundred day moving average is $88.79.

GoDaddy (NYSE:GDDY – Get Free Report) last issued its earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 501.82%. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm earned $1.41 EPS. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Equities analysts anticipate that GoDaddy will post 7.15 earnings per share for the current year.

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.