GoDaddy Inc. (NYSE:GDDY – Get Free Report) CEO Amanpal Bhutani sold 4,500 shares of GoDaddy stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $97.50, for a total value of $438,750.00. Following the transaction, the chief executive officer owned 500,053 shares in the company, valued at approximately $48,755,167.50. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amanpal Singh Bhutani also recently made the following trade(s):
- On Wednesday, September 2nd, Amanpal Bhutani sold 8,194 shares of GoDaddy stock. The stock was sold at an average price of $101.19, for a total value of $829,150.86.
- On Tuesday, September 1st, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $97.44, for a total value of $438,480.00.
- On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $83.15, for a total value of $374,175.00.
GoDaddy Trading Down 1.0%
NYSE:GDDY opened at $97.22 on Thursday. 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 business’s 50-day simple moving average is $96.64 and its 200-day simple moving average is $89.60. GoDaddy Inc. has a fifty-two week low of $71.59 and a fifty-two week high of $137.93. The stock has a market capitalization of $12.31 billion, a PE ratio of 14.43 and a beta of 0.94.
Hedge Funds Weigh In On GoDaddy
Large investors have recently modified their holdings of the business. Renaissance Technologies LLC grew its stake in GoDaddy by 27.0% in the first quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company’s stock valued at $45,741,000 after purchasing an additional 117,800 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor bought a new stake in shares of GoDaddy during the 2nd quarter worth approximately $28,938,000. Swiss National Bank raised its stake in shares of GoDaddy by 4.5% during the 1st quarter. Swiss National Bank now owns 396,500 shares of the technology company’s stock worth $32,779,000 after purchasing an additional 17,100 shares in the last quarter. OP Asset Management Ltd acquired a new stake in shares of GoDaddy in the 1st quarter valued at approximately $1,181,000. Finally, Plato Investment Management Ltd acquired a new stake in shares of GoDaddy in the 2nd quarter valued at approximately $1,693,000. 90.28% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about GoDaddy
Here are the key news stories impacting GoDaddy this week:
- Neutral Sentiment: GoDaddy CEO Amanpal Bhutani sold 4,500 shares for approximately $438,750 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his direct ownership by less than 1%, so it may be less indicative of a discretionary bearish view. SEC Form 4 filing
- Negative Sentiment: Several firms reminded shareholders that October 20, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering purchases made from September 3, 2025, through February 24, 2026. The complaints allege that GoDaddy’s SEC filings and investor communications failed to disclose the impact of a $4.99 one-year domain promotion on upfront bookings and customer-acquisition trends, despite statements that discounting had been turned off. Levi & Korsinsky announcement
- Negative Sentiment: The litigation follows an earlier reported 14% stock decline after alleged customer-acquisition and go-to-market issues came to light. Although the allegations have not been proven, potential legal costs, reputational damage, and greater scrutiny of GoDaddy’s disclosures could continue to pressure the shares. Bleichmar Fonti & Auld announcement
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on GDDY shares. Citigroup cut their price objective on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Wells Fargo & Company cut GoDaddy from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $80.00 to $76.00 in a report on Wednesday, August 26th. Piper Sandler reissued a “neutral” rating and issued a $95.00 price target (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. B. Riley Financial cut their price target on GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, Wedbush reduced their price objective on GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Ten equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, GoDaddy has a consensus rating of “Hold” and a consensus price target of $110.69.
Check Out Our Latest Analysis on GDDY
GoDaddy Company Profile
GoDaddy Inc (NYSE:GDDY) is a technology company that provides domain name registration and online services for individuals, entrepreneurs, and small businesses. Its platform enables customers to search for and manage domain names, establish an online presence, and build and maintain websites.
The company offers website and ecommerce tools, managed web hosting, business email, online marketing services, and website security products. GoDaddy also provides tools designed to help businesses manage digital content, customer engagement, appointments, payments, and other day-to-day online activities through an integrated platform.
Founded in 1997 as Jomax Technologies by entrepreneur Bob Parsons, the company later adopted the GoDaddy name and grew into a global provider of online services.
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