VestGen Advisors LLC acquired a new position in GoDaddy Inc. (NYSE:GDDY – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,032 shares of the technology company’s stock, valued at approximately $481,000.
Several other hedge funds also recently modified their holdings of GDDY. International Assets Investment Management LLC lifted its holdings in shares of GoDaddy by 93.8% during the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock valued at $30,000 after purchasing an additional 180 shares during the last quarter. Acuitas Investments LLC acquired a new position in GoDaddy during the first quarter valued at $33,000. Perkins Coie Trust Co purchased a new position in GoDaddy during the 2nd quarter valued at about $34,000. Albion Financial Group UT acquired a new stake in shares of GoDaddy during the third quarter worth approximately $39,000. Finally, Elevation Wealth Partners LLC lifted its position in GoDaddy by 109.3% in the 3rd quarter. Elevation Wealth Partners LLC now owns 473 shares of the technology company’s stock worth $45,000 after buying an additional 247 shares in the last quarter. 90.28% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at GoDaddy
In related news, CEO Amanpal Bhutani sold 8,194 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total value of $829,150.86. Following the sale, the chief executive officer owned 504,553 shares in the company, valued at approximately $51,055,718.07. This represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mark McCaffrey sold 5,873 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total transaction of $592,644.43. Following the completion of the transaction, the chief financial officer owned 99,855 shares in the company, valued at $10,076,368.05. This trade represents a 5.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 26,858 shares of company stock valued at $2,657,656 in the last three months. Corporate insiders own 0.93% of the company’s stock.
GoDaddy Trading Up 0.3%
NYSE GDDY opened at $117.55 on Monday. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $137.93. The stock has a 50-day simple moving average of $101.42 and a 200 day simple moving average of $92.14. The company has a current ratio of 0.61, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10. The company has a market capitalization of $14.89 billion, a PE ratio of 16.08 and a beta of 0.94.
GoDaddy (NYSE:GDDY – Get Free Report) last posted its earnings results on Thursday, October 29th. The technology company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.18. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.33 billion. GoDaddy had a return on equity of 1,200.87% and a net margin of 18.56%. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.51 earnings per share. Research analysts forecast that GoDaddy Inc. will post 7.35 EPS for the current year.
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
Analysts Set New Price Targets
GDDY has been the subject of several analyst reports. Royal Bank Of Canada lowered shares of GoDaddy from an “outperform” rating to a “sector perform” rating and set a $95.00 price objective for the company. in a research note on Sunday, October 11th. Benchmark cut their target price on shares of GoDaddy from $185.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Citigroup decreased their target price on GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Cantor Fitzgerald raised their price objective on GoDaddy from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Monday, October 19th. Finally, Piper Sandler restated a “neutral” rating and set a $95.00 price objective (up from $93.00) on shares of GoDaddy in a research report on Friday, July 31st. 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 stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $111.75.
View Our Latest Report on GoDaddy
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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