Press coverage about GoDaddy (NYSE:GDDY) has trended positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GoDaddy earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.7099513880839 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

GoDaddy (NYSE GDDY) opened at 43.17 on Tuesday. GoDaddy has a 52-week low of $31.63 and a 52-week high of $45.37. The stock’s 50 day moving average price is $44.09 and its 200-day moving average price is $44.09. The company’s market capitalization is $3.87 billion.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings data on Tuesday, August 8th. The technology company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.10. The business had revenue of $557.80 million during the quarter, compared to analysts’ expectations of $551.26 million. GoDaddy had a return on equity of 6.05% and a net margin of 1.21%. The business’s revenue was up 22.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.11) earnings per share. Analysts predict that GoDaddy will post $0.33 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on the company. Jefferies Group LLC reiterated a “buy” rating and set a $55.00 price objective on shares of GoDaddy in a research note on Wednesday, September 20th. BidaskClub upgraded GoDaddy from a “hold” rating to a “buy” rating in a research note on Saturday, September 2nd. B. Riley restated a “buy” rating and issued a $53.00 price target on shares of GoDaddy in a research note on Saturday, August 26th. Royal Bank Of Canada restated an “outperform” rating on shares of GoDaddy in a research note on Saturday, August 26th. Finally, SunTrust Banks, Inc. started coverage on GoDaddy in a research note on Tuesday, August 15th. They issued a “buy” rating and a $50.00 price target for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $46.47.

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In other news, Director Robert R. Parsons sold 5,817,338 shares of GoDaddy stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $43.71, for a total value of $254,275,843.98. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Nima Kelly sold 1,000 shares of GoDaddy stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $44.60, for a total value of $44,600.00. Following the completion of the sale, the executive vice president now directly owns 29,934 shares in the company, valued at $1,335,056.40. The disclosure for this sale can be found here. Insiders sold 12,321,948 shares of company stock valued at $538,035,432 over the last 90 days. Company insiders own 25.70% of the company’s stock.

About GoDaddy

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.

Insider Buying and Selling by Quarter for GoDaddy (NYSE:GDDY)

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