Phontip Palitwanon Sells 530 Shares of GoDaddy (NYSE:GDDY) Stock

GoDaddy Inc. (NYSE:GDDY) CAO Phontip Palitwanon sold 530 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total value of $53,630.70. Following the completion of the sale, the chief accounting officer owned 17,204 shares in the company, valued at $1,740,872.76. The trade was a 2.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Phontip Palitwanon also recently made the following trade(s):

• On Tuesday, August 11th, Phontip Palitwanon sold 2,261 shares of GoDaddy stock. The shares were sold at an average price of $91.81, for a total value of $207,582.41.

GoDaddy Trading Down 2.2%

GoDaddy stock opened at $101.34 on Friday. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $150.47. The company has a market capitalization of $12.83 billion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 0.93 and a beta of 0.94. The business’s fifty day simple moving average is $93.55 and its two-hundred day simple moving average is $87.91. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.14. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The company’s revenue was up 6.6% on a year-over-year basis. During the same period last year, the company earned $1.41 earnings per share. As a group, equities analysts predict that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Citigroup dropped their target price on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. B. Riley Financial reduced their price target on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, July 31st. JPMorgan Chase & Co. lowered their price objective on GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lowered GoDaddy to a “buy” rating in a report on Friday, July 31st. Finally, Weiss Ratings upgraded shares of GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, GoDaddy has an average rating of “Hold” and an average target price of $110.07.

Trending Headlines about GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy’s latest reported quarter remains a fundamental bright spot: adjusted EPS of $1.83 exceeded the $1.69 consensus estimate, revenue reached $1.30 billion versus $1.29 billion expected, and sales grew 6.6% year over year. The average analyst price target of about $110.07 indicates potential upside if operating performance remains resilient.
• Neutral Sentiment: CEO Amanpal Bhutani, CFO Mark McCaffrey, Chief Accounting Officer Phontip Palitwanon and Director Sigal Zarmi reported stock sales. The transactions were executed under pre-arranged Rule 10b5-1 plans to cover tax obligations tied to vested equity awards, and the executives retained significant positions, limiting their value as a bearish signal. GoDaddy Insider Sales
• Negative Sentiment: Multiple investor-rights firms are soliciting shareholders for a class action covering purchases from September 3, 2025, through February 24, 2026. The complaint alleges GoDaddy 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 while investors were told discounting had been reduced or eliminated. The allegations have not been proven. GoDaddy Securities Class Action Allegations
• Negative Sentiment: The litigation creates potential exposure to legal costs, settlements, management distraction and increased scrutiny of GoDaddy’s customer-acquisition metrics and public disclosures. Investors seeking lead-plaintiff status generally face an October 20, 2026 deadline, although one notice cites October 26. The continuing stream of law-firm announcements is likely adding an overhang to GDDY shares. GoDaddy Class Action Update

Institutional Investors Weigh In On GoDaddy

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Sivia Capital Partners LLC lifted its position in GoDaddy by 90.3% during the second quarter. Sivia Capital Partners LLC now owns 3,271 shares of the technology company’s stock valued at $589,000 after purchasing an additional 1,552 shares in the last quarter. Cerity Partners LLC raised its stake in shares of GoDaddy by 50.0% in the second quarter. Cerity Partners LLC now owns 27,189 shares of the technology company’s stock worth $4,896,000 after buying an additional 9,062 shares during the period. Treasurer of the State of North Carolina raised its stake in shares of GoDaddy by 83.0% in the second quarter. Treasurer of the State of North Carolina now owns 155,593 shares of the technology company’s stock worth $28,016,000 after buying an additional 70,585 shares during the period. Osterweis Capital Management Inc. purchased a new position in shares of GoDaddy during the 2nd quarter valued at about $152,000. Finally, Main Street Financial Solutions LLC lifted its position in shares of GoDaddy by 1.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company’s stock valued at $2,185,000 after buying an additional 119 shares in the last quarter. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

About GoDaddy

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.