GoDaddy Inc. (NYSE:GDDY) EVP Nima Kelly sold 8,112 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $48.01, for a total value of $389,457.12. Following the completion of the transaction, the executive vice president now directly owns 37,046 shares of the company’s stock, valued at $1,778,578.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Nima Kelly also recently made the following trade(s):

  • On Wednesday, October 25th, Nima Kelly sold 8,112 shares of GoDaddy stock. The stock was sold at an average price of $46.00, for a total value of $373,152.00.
  • On Tuesday, October 17th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $43.89, for a total value of $43,890.00.
  • On Tuesday, October 10th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $44.32, for a total value of $44,320.00.
  • On Tuesday, October 3rd, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $43.46, for a total value of $43,460.00.
  • On Tuesday, September 26th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $43.31, for a total value of $43,310.00.
  • On Tuesday, September 19th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $44.60, for a total value of $44,600.00.
  • On Tuesday, September 12th, Nima Kelly sold 3,810 shares of GoDaddy stock. The stock was sold at an average price of $43.58, for a total value of $166,039.80.
  • On Friday, September 1st, Nima Kelly sold 8,112 shares of GoDaddy stock. The stock was sold at an average price of $45.00, for a total value of $365,040.00.
  • On Tuesday, August 29th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $42.40, for a total value of $42,400.00.
  • On Tuesday, August 15th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $41.80, for a total value of $41,800.00.

Shares of GoDaddy Inc. (NYSE GDDY) opened at $48.15 on Friday. GoDaddy Inc. has a 12 month low of $32.00 and a 12 month high of $49.36. The firm has a market capitalization of $7,906.77, a price-to-earnings ratio of 154.77, a PEG ratio of 8.43 and a beta of 0.64. The company has a quick ratio of 0.69, a current ratio of 0.57 and a debt-to-equity ratio of 5.15.

GoDaddy (NYSE:GDDY) last announced its earnings results on Tuesday, August 8th. The technology company reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.10. GoDaddy had a return on equity of 7.89% and a net margin of 2.34%. The company had revenue of $557.80 million during the quarter, compared to analyst estimates of $551.26 million. During the same period last year, the company posted ($0.11) earnings per share. The firm’s quarterly revenue was up 22.3% compared to the same quarter last year. sell-side analysts predict that GoDaddy Inc. will post 0.28 EPS for the current year.

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Several large investors have recently made changes to their positions in the company. FMR LLC increased its stake in shares of GoDaddy by 40.9% in the second quarter. FMR LLC now owns 10,839,221 shares of the technology company’s stock valued at $459,800,000 after buying an additional 3,148,349 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of GoDaddy by 26.8% in the second quarter. Vanguard Group Inc. now owns 7,553,811 shares of the technology company’s stock valued at $320,434,000 after buying an additional 1,598,137 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of GoDaddy by 6.7% in the second quarter. JPMorgan Chase & Co. now owns 6,206,386 shares of the technology company’s stock valued at $263,274,000 after buying an additional 387,731 shares in the last quarter. BlackRock Inc. increased its stake in shares of GoDaddy by 33.1% in the second quarter. BlackRock Inc. now owns 2,773,646 shares of the technology company’s stock valued at $117,659,000 after buying an additional 689,501 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of GoDaddy by 48.2% in the third quarter. First Trust Advisors LP now owns 2,634,529 shares of the technology company’s stock valued at $114,628,000 after buying an additional 856,259 shares in the last quarter. Institutional investors own 78.82% of the company’s stock.

GDDY has been the subject of several research reports. Barclays PLC raised their target price on GoDaddy from $45.00 to $47.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 19th. BidaskClub raised GoDaddy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 28th. William Blair started coverage on GoDaddy in a research report on Thursday, October 5th. They issued an “outperform” rating for the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of GoDaddy in a research note on Saturday, August 26th. Finally, Zacks Investment Research lowered GoDaddy from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. GoDaddy currently has a consensus rating of “Buy” and a consensus price target of $48.62.

GoDaddy Company Profile

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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