Vinva Investment Management Ltd Acquires 71,838 Shares of GoDaddy Inc. $GDDY

Vinva Investment Management Ltd grew its holdings in GoDaddy Inc. (NYSE:GDDY) by 45.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 230,073 shares of the technology company’s stock after buying an additional 71,838 shares during the quarter. GoDaddy comprises approximately 0.7% of Vinva Investment Management Ltd’s portfolio, making the stock its 24th largest holding. Vinva Investment Management Ltd’s holdings in GoDaddy were worth $33,029,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Hemington Wealth Management lifted its position in GoDaddy by 85.9% during the 3rd quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock worth $25,000 after buying an additional 85 shares in the last quarter. Root Financial Partners LLC acquired a new stake in GoDaddy in the 3rd quarter valued at about $31,000. Rossby Financial LCC increased its position in GoDaddy by 125.4% in the 3rd quarter. Rossby Financial LCC now owns 284 shares of the technology company’s stock valued at $38,000 after acquiring an additional 158 shares in the last quarter. Bayforest Capital Ltd raised its stake in shares of GoDaddy by 141.5% in the third quarter. Bayforest Capital Ltd now owns 355 shares of the technology company’s stock worth $49,000 after acquiring an additional 208 shares during the last quarter. Finally, Mather Group LLC. bought a new position in shares of GoDaddy in the third quarter worth about $61,000. 90.28% of the stock is owned by institutional investors.

Insider Activity

In other GoDaddy news, CFO Mark Mccaffrey sold 17,406 shares of GoDaddy stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $88.99, for a total transaction of $1,548,959.94. Following the transaction, the chief financial officer directly owned 113,003 shares in the company, valued at approximately $10,056,136.97. The trade was a 13.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Amanpal Singh Bhutani sold 34,148 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $88.99, for a total value of $3,038,830.52. Following the completion of the transaction, the chief executive officer directly owned 530,120 shares of the company’s stock, valued at approximately $47,175,378.80. The trade was a 6.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 63,005 shares of company stock worth $5,690,243 over the last quarter. Corporate insiders own 0.70% of the company’s stock.

GoDaddy Stock Up 1.0%

GoDaddy stock opened at $94.08 on Friday. The firm has a market capitalization of $12.55 billion, a price-to-earnings ratio of 15.10, a PEG ratio of 0.86 and a beta of 0.96. The company’s 50 day simple moving average is $101.23 and its 200 day simple moving average is $122.92. The company has a debt-to-equity ratio of 17.50, a current ratio of 0.61 and a quick ratio of 0.61. GoDaddy Inc. has a fifty-two week low of $73.06 and a fifty-two week high of $193.55.

GoDaddy (NYSE:GDDY) last issued its earnings results on Tuesday, February 24th. The technology company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.58 by $0.22. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. GoDaddy had a net margin of 17.67% and a return on equity of 369.00%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.36 earnings per share. As a group, sell-side analysts anticipate that GoDaddy Inc. will post 6.63 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on GDDY shares. Weiss Ratings reissued a “hold (c)” rating on shares of GoDaddy in a research note on Wednesday, January 28th. Raymond James Financial restated a “strong-buy” rating and issued a $100.00 price objective on shares of GoDaddy in a research report on Wednesday, February 25th. Cantor Fitzgerald reduced their price objective on GoDaddy from $130.00 to $90.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Jefferies Financial Group decreased their price objective on GoDaddy from $140.00 to $100.00 and set a “hold” rating on the stock in a research report on Monday, February 23rd. Finally, UBS Group lowered their target price on GoDaddy from $145.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.93.

More GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 results showed an EPS beat (reported $1.80 vs. $1.58 expected) and ~6.8% revenue growth year/year, giving the stock a clear fundamental tailwind. Quarterly Results
• Neutral Sentiment: Sell‑side coverage is mixed but constructive overall — consensus is a “Moderate Buy” with an average target near $132, which limits dramatic upside but keeps placement support from analysts. Analyst Consensus
• Negative Sentiment: Large insider selling this week increases near‑term supply and hurts sentiment: CEO Amanpal Bhutani sold 34,148 shares (avg ~$88.99), CFO Mark McCaffrey sold 17,406 shares, CAO Phontip Palitwanon sold 766 shares, and a director sold 650 shares. These SEC filings are notable because executive disposals at this scale often trigger short‑term selling pressure. CEO Form 4 CFO Form 4 CAO Form 4
• Negative Sentiment: Analysts have trimmed price targets in recent notes (Evercore to $95 with an “In Line” rating; several other firms cut targets), which reduces perceived upside and can prompt portfolio rebalancing by institutions. Evercore Note Analyst Summary

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.