GoDaddy (NYSE:GDDY) CAO Phontip Palitwanon Sells 530 Shares of Stock

Posted by Brian Himes on Sep 4th, 2026

GoDaddy Inc. (NYSE:GDDY – Get Free Report) CAO Phontip Palitwanon sold 530 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $101.19, for a total transaction of $53,630.70. Following the completion of the transaction, the chief accounting officer directly owned 17,204 shares in the company, valued at $1,740,872.76. This trade represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 Tuesday, August 11th, Phontip Palitwanon sold 2,261 shares of GoDaddy stock. The shares were sold at an average price of $91.81, for a total transaction of $207,582.41.

GoDaddy Stock Performance

NYSE GDDY opened at $103.57 on Friday. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63. GoDaddy Inc. has a 1 year low of $71.59 and a 1 year high of $150.47. The company has a market capitalization of $13.12 billion, a PE ratio of 15.37, a P/E/G ratio of 0.91 and a beta of 0.94. The company has a fifty day moving average of $93.21 and a two-hundred day moving average of $87.82.

GoDaddy (NYSE:GDDY – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $1.29 billion. During the same quarter last year, the company posted $1.41 earnings per share. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. As a group, analysts expect that GoDaddy Inc. will post 7.21 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of GDDY. Corient Private Wealth LP lifted its holdings in shares of GoDaddy by 15.6% during the second 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 period. Groupe la Francaise purchased a new position in GoDaddy during the 2nd quarter worth $178,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in GoDaddy during the 2nd quarter worth $24,929,000. California State Teachers Retirement System lifted its stake in shares of GoDaddy by 6,098.5% in the 2nd quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock worth $1,108,733,000 after acquiring an additional 12,851,619 shares during the period. Finally, Paralel Advisors LLC boosted its holdings in shares of GoDaddy by 88.2% in the second quarter. Paralel Advisors LLC now owns 27,941 shares of the technology company’s stock valued at $2,372,000 after acquiring an additional 13,091 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

Positive Sentiment: GoDaddy’s latest quarterly results provide a fundamental counterweight to the legal concerns: adjusted EPS of $1.83 exceeded estimates of $1.69, revenue reached $1.30 billion versus a $1.29 billion consensus, and revenue increased 6.6% year over year. Analysts’ average price target of approximately $110.07 also suggests potential upside if operating performance remains solid.
Neutral Sentiment: CEO Amanpal Singh Bhutani sold 4,500 shares for approximately $438,480 and separately sold 8,194 shares for about $829,151. CFO Mark McCaffrey sold 5,873 shares, while Chief Accounting Officer Phontip Palitwanon and Director Sigal Zarmi sold smaller amounts. The transactions were conducted under Rule 10b5-1 plans to cover tax withholding from vested equity awards, and the executives retained substantial holdings, reducing their signaling value. GoDaddy Insider Sales
Negative Sentiment: Multiple investor-rights firms are promoting a securities class action for investors who purchased GoDaddy shares from September 3, 2025, through February 24, 2026. The complaint alleges that GoDaddy failed to disclose the effects of a $4.99 one-year domain promotion that allegedly favored short-term, lower-value contracts and pressured upfront bookings, despite communications indicating discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
Negative Sentiment: The litigation could lead to legal costs, management distraction, settlement payments and additional scrutiny of GoDaddy’s disclosures and customer-acquisition metrics. Investors have until October 20, 2026, to seek lead-plaintiff status, while one firm cited an October 26 deadline. Continued publicity is likely to keep the lawsuit as an overhang on GDDY’s valuation. GoDaddy Class Action Update

Analyst Upgrades and Downgrades

GDDY has been the subject of several research analyst reports. William Blair downgraded GoDaddy from an “outperform” rating to a “market perform” rating in a report on Friday, July 31st. Weiss Ratings upgraded shares of GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Cantor Fitzgerald reiterated a “neutral” rating and set a $90.00 price target on shares of GoDaddy in a research note on Friday, July 31st. Wells Fargo & Company downgraded shares of GoDaddy from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $80.00 to $76.00 in a research report on Wednesday, August 26th. Finally, Raymond James Financial lowered shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective on the stock. in a research note on Friday, July 31st. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, GoDaddy presently has a consensus rating of “Hold” and an average target price of $110.07.

Get Our Latest Stock Report on GDDY

GoDaddy Company Profile

(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.