Paralel Advisors LLC Has $2.37 Million Stake in GoDaddy Inc. $GDDY

Paralel Advisors LLC boosted its position in shares of GoDaddy Inc. (NYSE:GDDY) by 88.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 27,941 shares of the technology company’s stock after buying an additional 13,091 shares during the quarter. Paralel Advisors LLC’s holdings in GoDaddy were worth $2,372,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of GDDY. WCM Investment Management LLC increased its stake in shares of GoDaddy by 1.0% during the 1st quarter. WCM Investment Management LLC now owns 3,314,456 shares of the technology company’s stock worth $270,924,000 after purchasing an additional 33,509 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in GoDaddy by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company’s stock valued at $399,089,000 after purchasing an additional 319,515 shares during the last quarter. AQR Capital Management LLC grew its holdings in GoDaddy by 117.5% during the fourth quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock worth $370,991,000 after purchasing an additional 1,615,005 shares during the period. Arrowstreet Capital Limited Partnership increased its position in GoDaddy by 2.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,821,379 shares of the technology company’s stock worth $350,077,000 after buying an additional 56,086 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in GoDaddy by 9.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,733,028 shares of the technology company’s stock valued at $339,116,000 after buying an additional 235,981 shares during the period. Institutional investors own 90.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft cut GoDaddy to a “buy” rating in a research report on Friday, July 31st. Piper Sandler restated a “neutral” rating and issued a $95.00 price target (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. Cantor Fitzgerald restated a “neutral” rating and issued a $90.00 price target on shares of GoDaddy in a research note on Friday, July 31st. B. Riley Financial cut their price target on GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. reduced their price objective on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $110.07.

GoDaddy Trading Up 0.0%

Shares of GoDaddy stock opened at $101.34 on Monday. The firm has a 50-day moving average of $93.55 and a 200-day moving average of $87.90. The stock has a market cap of $12.83 billion, a PE ratio of 15.04, a PEG ratio of 0.91 and a beta of 0.94. GoDaddy Inc. has a 52-week low of $71.59 and a 52-week high of $150.47. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63.

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

Key GoDaddy News

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

Insider Activity

In other news, Director Leah Sweet sold 325 shares of GoDaddy stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total value of $31,668.00. Following the completion of the sale, the director directly owned 13,689 shares in the company, valued at approximately $1,333,856.16. The trade was a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Phontip Palitwanon sold 2,261 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $91.81, for a total value of $207,582.41. Following the completion of the sale, the chief accounting officer owned 17,734 shares of the company’s stock, valued at approximately $1,628,158.54. This trade represents a 11.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 26,858 shares of company stock worth $2,593,081. Insiders own 0.93% of the company’s stock.

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.