GoDaddy Inc. (NYSE:GDDY – Get Free Report) Director Leah Sweet sold 325 shares of GoDaddy stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total value of $31,668.00. Following the transaction, the director owned 13,689 shares in the company, valued at approximately $1,333,856.16. This represents a 2.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Leah Sweet also recently made the following trade(s):
- On Friday, August 28th, Leah Sweet sold 325 shares of GoDaddy stock. The shares were sold at an average price of $97.37, for a total transaction of $31,645.25.
GoDaddy Price Performance
GoDaddy stock opened at $103.57 on Friday. GoDaddy Inc. has a 12-month low of $71.59 and a 12-month high of $150.47. The stock has a market cap of $13.12 billion, a P/E ratio of 15.37, a PEG ratio of 0.91 and a beta of 0.94. The company has a 50-day moving average price of $93.21 and a 200 day moving average price of $87.82. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10.
Hedge Funds Weigh In On GoDaddy
Several large investors have recently made changes to their positions in GDDY. Brown Brothers Harriman & Co. increased its holdings in GoDaddy by 145.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 253 shares of the technology company’s stock valued at $35,000 after purchasing an additional 150 shares during the last quarter. Harbour Investments Inc. lifted its stake in GoDaddy by 191.0% during the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock worth $32,000 after purchasing an additional 170 shares in the last quarter. Entrust Financial LLC acquired a new position in GoDaddy during the fourth quarter worth $35,000. International Assets Investment Management LLC boosted its position in shares of GoDaddy by 93.8% during the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock worth $30,000 after buying an additional 180 shares during the period. Finally, Acuitas Investments LLC purchased a new position in shares of GoDaddy during the first quarter worth $33,000. 90.28% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting GoDaddy
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: Analysts’ average price target of approximately $110.07 implies further upside from recent trading levels. GoDaddy also recently exceeded quarterly earnings and revenue expectations, providing a fundamental counterweight to the legal concerns. GoDaddy Analyst Price Target
- Neutral Sentiment: Multiple investor-rights firms are publicizing the same securities class action and the October 20, 2026 deadline for investors to seek lead-plaintiff status. The repeated announcements primarily increase awareness of existing litigation rather than represent a new operating development. Kaplan Fox GoDaddy Class Action Deadline
- Negative Sentiment: GoDaddy faces a proposed securities-fraud class action covering investors who purchased shares between September 3, 2025, and February 24, 2026. The complaint alleges that the company and certain executives failed to disclose the impact of a $4.99 one-year domain promotion, which allegedly encouraged short-term, lower-value contracts and pressured upfront bookings, despite statements that discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
- Negative Sentiment: Law firms say the alleged disclosure issues preceded an approximately 14% stock decline. Continued litigation could create legal expenses, management distraction, settlement risk and additional pressure on GoDaddy’s valuation. GoDaddy Securities Fraud Lawsuit
- Negative Sentiment: A GoDaddy director sold 325 shares under a pre-arranged Rule 10b5-1 trading plan. The relatively small, scheduled transaction is unlikely to materially affect valuation but may add modest caution among investors. GoDaddy Director Stock Sale
Wall Street Analyst Weigh In
Several brokerages recently weighed in on GDDY. Wells Fargo & Company lowered 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. Benchmark reduced their target price on GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. William Blair lowered GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday, July 31st. B. Riley Financial decreased their price target on GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. lowered their price target on GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a report on Thursday, June 18th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $110.07.
Check Out Our Latest Analysis on GDDY
GoDaddy Company Profile
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.
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