GoDaddy Inc. (NYSE:GDDY – Get Free Report) Director Leah Sweet sold 325 shares of GoDaddy stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $97.37, for a total transaction of $31,645.25. Following the completion of the sale, the director directly owned 14,014 shares in the company, valued at approximately $1,364,543.18. This represents a 2.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Leah Sweet also recently made the following trade(s):
- On Tuesday, September 1st, Leah Sweet sold 325 shares of GoDaddy stock. The shares were sold at an average price of $97.44, for a total transaction of $31,668.00.
GoDaddy Trading Up 1.3%
Shares of GDDY stock opened at $101.87 on Thursday. The company has a 50 day moving average of $92.73 and a 200-day moving average of $87.72. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10. GoDaddy Inc. has a 12-month low of $71.59 and a 12-month high of $150.47. The firm has a market cap of $12.90 billion, a P/E ratio of 15.11, a PEG ratio of 0.90 and a beta of 0.94.
Institutional Trading of GoDaddy
A number of hedge funds and other institutional investors have recently made changes to their positions in GDDY. International Assets Investment Management LLC lifted its holdings in GoDaddy by 93.8% during the 1st quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares in the last quarter. Harbour Investments Inc. boosted its stake in GoDaddy by 191.0% in the 4th quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock worth $32,000 after purchasing an additional 170 shares during the period. Acuitas Investments LLC purchased a new position in GoDaddy during the 1st quarter valued at about $33,000. Perkins Coie Trust Co purchased a new position in GoDaddy during the 2nd quarter valued at about $34,000. Finally, Entrust Financial LLC bought a new stake in shares of GoDaddy during the fourth quarter valued at about $35,000. 90.28% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the company. Wedbush dropped their price target on GoDaddy from $109.00 to $93.00 and set an “outperform” rating on the stock in a research report on Monday, August 3rd. JPMorgan Chase & Co. decreased their price objective on GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a report on Thursday, June 18th. Wells Fargo & Company cut GoDaddy from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $80.00 to $76.00 in a research note on Wednesday, August 26th. Raymond James Financial downgraded shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective on the stock. in a report on Friday, July 31st. Finally, Citigroup cut their target price on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $110.07.
Check Out Our Latest Stock Analysis on GDDY
GoDaddy News Summary
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: Analysts have an average price target of approximately $110.07, above GoDaddy’s recent trading level. The consensus rating is “Hold,” with nine Buy ratings, eight Holds and one Sell, suggesting moderate potential upside but limited conviction. GoDaddy Analyst Price Target
- Positive Sentiment: GoDaddy’s latest reported quarter exceeded expectations, with earnings of $1.83 per share versus a $1.69 consensus estimate and revenue of $1.30 billion versus $1.29 billion expected. Revenue grew 6.6% year over year, supporting the company’s fundamental investment case.
- Neutral Sentiment: Director Leah Sweet sold 325 shares in transactions conducted under a pre-arranged Rule 10b5-1 plan. The sales totaled roughly $31,600 each and reduced her holdings by about 2.3%, making the activity relatively small but still potentially notable to investors monitoring insider sentiment. GoDaddy Director Share Sale
- Negative Sentiment: Multiple law firms announced or promoted a securities-fraud class action against GoDaddy and certain executives. The case covers investors who purchased securities between September 3, 2025, and February 24, 2026, with an October 20, 2026 lead-plaintiff deadline. Rosen GoDaddy Class Action Notice
- Negative Sentiment: The complaints allege that GoDaddy failed to adequately disclose customer-acquisition problems and the effects of a $4.99 one-year domain promotion. Plaintiffs claim the promotion encouraged lower-value upfront bookings and conflicted with earlier statements that front-end discounting had been reduced. The allegations are unproven, but litigation may create legal costs, management distraction and valuation risk. GoDaddy Securities Fraud Class Action
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.
Featured Stories
- Five stocks we like better than GoDaddy
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for GoDaddy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy and related companies with MarketBeat.com's FREE daily email newsletter.
