VestGen Advisors LLC acquired a new position in shares of GoDaddy Inc. (NYSE:GDDY – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 5,032 shares of the technology company’s stock, valued at approximately $481,000.
Other large investors also recently modified their holdings of the company. Asset Management One Co. Ltd. increased its stake in GoDaddy by 6.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 6,388 shares of the technology company’s stock valued at $610,000 after buying an additional 389 shares during the last quarter. SYM FINANCIAL Corp bought a new stake in GoDaddy during the third quarter worth $200,000. Apollon Wealth Management LLC purchased a new position in GoDaddy in the third quarter worth $347,000. Signaturefd LLC grew its stake in GoDaddy by 13.5% in the 3rd quarter. Signaturefd LLC now owns 3,088 shares of the technology company’s stock valued at $295,000 after purchasing an additional 367 shares during the period. Finally, Citizens Financial Group Inc. RI increased its position in shares of GoDaddy by 451.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 15,714 shares of the technology company’s stock valued at $1,501,000 after purchasing an additional 12,863 shares during the last quarter. Institutional investors own 90.28% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently weighed in on GDDY. Wedbush reduced their target price on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Royal Bank Of Canada lowered GoDaddy from an “outperform” rating to a “sector perform” rating and set a $95.00 price objective for the company. in a report on Sunday, October 11th. B. Riley Financial decreased their target price on GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, July 31st. UBS Group reaffirmed a “neutral” rating and set a $112.00 price target on shares of GoDaddy in a research report on Friday. Finally, Wells Fargo & Company downgraded GoDaddy from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $80.00 to $76.00 in a research note on Wednesday, August 26th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $111.75.
Check Out Our Latest Report on GoDaddy
GoDaddy Price Performance
GDDY opened at $117.55 on Monday. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.61 and a quick ratio of 0.63. The stock’s 50 day simple moving average is $101.42 and its 200 day simple moving average is $92.14. The firm has a market cap of $14.89 billion, a price-to-earnings ratio of 16.08 and a beta of 0.94. GoDaddy Inc. has a 1 year low of $71.59 and a 1 year high of $137.93.
GoDaddy (NYSE:GDDY – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The technology company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.18. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.33 billion. GoDaddy had a net margin of 18.56% and a return on equity of 1,200.87%. GoDaddy’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.51 earnings per share. As a group, analysts predict that GoDaddy Inc. will post 7.35 earnings per share for the current year.
Insider Activity
In other news, Director Sigal Zarmi sold 350 shares of GoDaddy stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $34,104.00. Following the transaction, the director owned 8,283 shares in the company, valued at $807,095.52. This trade represents a 4.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Phontip Palitwanon sold 2,261 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $91.81, for a total transaction of $207,582.41. Following the completion of the transaction, the chief accounting officer owned 17,734 shares of the company’s stock, valued at approximately $1,628,158.54. The trade was a 11.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 26,858 shares of company stock worth $2,657,656. Insiders own 0.93% of the company’s stock.
GoDaddy News Roundup
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: Q3 earnings and revenue exceeded expectations. GoDaddy reported adjusted earnings of $2.08 per share, ahead of estimates ranging from $1.82 to $1.90 and up from $1.51 a year earlier. Revenue increased 6.1% year over year to approximately $1.34 billion, slightly above the $1.33 billion consensus. GoDaddy Inc. Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Airo momentum is strengthening the growth outlook. Management highlighted accelerating customer adoption and monetization of Airo, with its annualized revenue run rate reportedly surpassing $100 million and doubling from the prior year. Broader growth across GoDaddy’s segments also contributed to the quarter’s performance. GDDY Q3 Earnings Beat Estimates on Revenue Growth and Airo Gains
- Positive Sentiment: Management expects to reach the high end of its full-year revenue guidance. That outlook reinforces investor confidence that product improvements, customer monetization and Airo-related demand can sustain growth. GoDaddy expects to hit high end of full-year revenue guidance
- Neutral Sentiment: The earnings-call transcript provided additional detail on Airo, customer trends, margins and the company’s forward strategy, but did not identify a major new risk beyond the factors disclosed with the results. GoDaddy Q3 2026 Earnings Call Transcript
- Negative Sentiment: A shareholder lawsuit has been announced, creating a potential legal and reputational overhang. The notice solicits investors who purchased shares before September 2025; the allegations and potential financial impact were not detailed in the provided report. Lawsuit Alert: GoDaddy Investors Should Contact the Shareholders Foundation
GoDaddy Company Profile
GoDaddy Inc (NYSE: GDDY) is a global technology company that provides online tools and services to entrepreneurs, small businesses and individuals. Its platform helps customers establish, manage and grow an online presence, with offerings that include domain-name registration, website hosting, website and online-store builders, professional email and digital marketing tools.
The company also provides services designed to support commerce and customer engagement, including e-commerce functionality, online appointment scheduling, payments and other business-management capabilities.
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