GoDaddy (NYSE:GDDY) Trading Down 5.3% – Here’s Why

Posted by Francis Steltz on Sep 22nd, 2026

GoDaddy Inc. (NYSE:GDDY – Get Free Report)’s stock price was down 5.3% during mid-day trading on Tuesday . The company traded as low as $98.97 and last traded at $99.1960. 1,853,111 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 2,265,449 shares. The stock had previously closed at $104.77.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

Neutral Sentiment: Analysts have a consensus “Hold” recommendation on GoDaddy, suggesting limited conviction that the recent developments justify either an aggressive buy or sell stance. GoDaddy receives consensus Hold recommendation

Analyst Ratings Changes

GDDY has been the topic of a number of analyst reports. Benchmark dropped their price objective on shares of GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Piper Sandler reiterated a “neutral” rating and issued a $95.00 target price (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. JPMorgan Chase & Co. lowered 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. Raymond James Financial lowered shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price target on the stock. in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft cut shares of GoDaddy to a “buy” rating in a report on Friday, July 31st. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, GoDaddy has an average rating of “Hold” and an average target price of $110.07.

Check Out Our Latest Research Report on GoDaddy

GoDaddy Trading Down 5.3%

The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market capitalization of $12.56 billion, a PE ratio of 14.71, a P/E/G ratio of 0.87 and a beta of 0.94. The company’s fifty day simple moving average is $96.03 and its 200-day simple moving average is $88.73.

GoDaddy (NYSE:GDDY – Get Free Report) last announced its earnings results on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The business’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.41 earnings per share. As a group, sell-side analysts expect that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

Insider Activity at GoDaddy

In other GoDaddy news, CAO Phontip Palitwanon sold 530 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $101.19, for a total value of $53,630.70. Following the transaction, the chief accounting officer directly owned 17,204 shares of the company’s stock, valued at $1,740,872.76. This trade represents a 2.99% decrease in their position. The transaction was disclosed in a document filed 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. Also, CFO Mark McCaffrey sold 5,873 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $100.91, for a total value of $592,644.43. Following the transaction, the chief financial officer owned 99,855 shares in the company, valued at approximately $10,076,368.05. This represents a 5.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 26,858 shares of company stock worth $2,593,081 over the last 90 days. Corporate insiders own 0.93% of the company’s stock.

Hedge Funds Weigh In On GoDaddy

Institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets raised its holdings in GoDaddy by 5.7% in the 4th quarter. BNP Paribas Financial Markets now owns 945,202 shares of the technology company’s stock valued at $117,281,000 after buying an additional 50,959 shares during the period. Renaissance Technologies LLC boosted its stake in GoDaddy by 27.0% during the first quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company’s stock worth $45,741,000 after buying an additional 117,800 shares during the period. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in GoDaddy during the second quarter worth about $28,938,000. Swiss National Bank increased its position in shares of GoDaddy by 4.5% during the first quarter. Swiss National Bank now owns 396,500 shares of the technology company’s stock valued at $32,779,000 after acquiring an additional 17,100 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of GoDaddy in the 4th quarter valued at approximately $9,303,000. Hedge funds and other institutional investors own 90.28% of the company’s stock.

About GoDaddy

(Get Free Report)

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.