GoDaddy Inc. (NYSE:GDDY) insider Barbara J. Rechterman sold 39,000 shares of the stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $32.24, for a total transaction of $1,257,360.00. Following the completion of the sale, the insider now directly owns 69,650 shares of the company’s stock, valued at approximately $2,245,516. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

GoDaddy Inc. (NYSE:GDDY) opened at 33.55 on Tuesday. The company’s market capitalization is $5.11 billion. The stock has a 50 day moving average of $32.42 and a 200-day moving average of $31.47. GoDaddy Inc. has a 52-week low of $23.39 and a 52-week high of $35.35.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.04. The business had revenue of $456.20 million for the quarter, compared to the consensus estimate of $450.51 million. GoDaddy had a negative net margin of 1.26% and a negative return on equity of 3.30%. GoDaddy’s revenue was up 15.6% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.46) EPS. On average, equities analysts forecast that GoDaddy Inc. will post ($0.04) earnings per share for the current year.

Several equities research analysts have recently issued reports on GDDY shares. Citigroup Inc. lowered shares of GoDaddy from a “buy” rating to a “neutral” rating and set a $35.00 price objective for the company. in a research report on Tuesday, June 7th. Raymond James Financial Inc. started coverage on shares of GoDaddy in a research report on Tuesday, June 14th. They issued an “outperform” rating and a $37.00 price objective for the company. Zacks Investment Research lowered shares of GoDaddy from a “buy” rating to a “hold” rating in a research report on Tuesday, July 5th. Piper Jaffray Cos. restated a “buy” rating and issued a $38.00 target price on shares of GoDaddy in a research note on Monday, July 18th. Finally, B. Riley restated a “neutral” rating and issued a $33.50 target price on shares of GoDaddy in a research note on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $36.88.

A number of institutional investors have recently modified their holdings of the stock. Aperio Group LLC raised its position in shares of GoDaddy by 1.0% in the first quarter. Aperio Group LLC now owns 9,907 shares of the company’s stock valued at $320,000 after buying an additional 98 shares during the last quarter. UBS Group AG raised its position in shares of GoDaddy by 0.6% in the first quarter. UBS Group AG now owns 22,573 shares of the company’s stock valued at $729,000 after buying an additional 140 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of GoDaddy by 0.7% in the second quarter. Mackenzie Financial Corp now owns 28,600 shares of the company’s stock valued at $892,000 after buying an additional 200 shares during the last quarter. Independent Portfolio Consultants Inc. raised its position in shares of GoDaddy by 12.0% in the second quarter. Independent Portfolio Consultants Inc. now owns 3,965 shares of the company’s stock valued at $124,000 after buying an additional 425 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of GoDaddy by 0.3% in the first quarter. Geode Capital Management LLC now owns 148,032 shares of the company’s stock valued at $4,785,000 after buying an additional 494 shares during the last quarter.

GoDaddy Company Profile

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. The Company operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.

5 Day Chart for NYSE:GDDY

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