Rathbones Group PLC Raises Stake in GoDaddy Inc. $GDDY

Rathbones Group PLC boosted its stake in GoDaddy Inc. (NYSE:GDDY) by 16.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,440 shares of the technology company’s stock after purchasing an additional 7,724 shares during the quarter. Rathbones Group PLC’s holdings in GoDaddy were worth $7,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in GDDY. Hemington Wealth Management increased its position in shares of GoDaddy by 85.9% during the third quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock valued at $25,000 after buying an additional 85 shares during the period. Penserra Capital Management LLC lifted its holdings in shares of GoDaddy by 14.0% in the second quarter. Penserra Capital Management LLC now owns 748 shares of the technology company’s stock worth $134,000 after buying an additional 92 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of GoDaddy by 5.6% in the second quarter. Coldstream Capital Management Inc. now owns 1,801 shares of the technology company’s stock valued at $324,000 after acquiring an additional 96 shares during the period. MAI Capital Management grew its stake in GoDaddy by 9.7% during the second quarter. MAI Capital Management now owns 1,127 shares of the technology company’s stock valued at $203,000 after acquiring an additional 100 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in GoDaddy by 0.9% during the third quarter. Clearstead Advisors LLC now owns 12,324 shares of the technology company’s stock valued at $1,686,000 after acquiring an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 90.28% of the company’s stock.

GoDaddy Stock Up 1.0%

Shares of NYSE GDDY opened at $94.08 on Monday. The stock has a market capitalization of $12.55 billion, a P/E ratio of 15.10, a PEG ratio of 0.86 and a beta of 0.96. GoDaddy Inc. has a one year low of $73.06 and a one year high of $193.55. The firm’s 50 day simple moving average is $101.23 and its two-hundred day simple moving average is $122.76. The company has a debt-to-equity ratio of 17.50, a current ratio of 0.61 and a quick ratio of 0.61.

GoDaddy (NYSE:GDDY) last released its earnings results on Tuesday, February 24th. The technology company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.58 by $0.22. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. GoDaddy had a net margin of 17.67% and a return on equity of 369.00%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.36 EPS. As a group, analysts expect that GoDaddy Inc. will post 6.63 EPS for the current fiscal year.

Insider Buying and Selling at GoDaddy

In other news, CEO Amanpal Singh Bhutani sold 34,148 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $88.99, for a total value of $3,038,830.52. Following the completion of the sale, the chief executive officer owned 530,120 shares of the company’s stock, valued at approximately $47,175,378.80. The trade was a 6.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Phontip Palitwanon sold 766 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $87.83, for a total value of $67,277.78. Following the sale, the chief accounting officer owned 21,659 shares of the company’s stock, valued at $1,902,309.97. This represents a 3.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 63,005 shares of company stock valued at $5,690,243. Corporate insiders own 0.70% of the company’s stock.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 results showed an EPS beat (reported $1.80 vs. $1.58 expected) and ~6.8% revenue growth year/year, giving the stock a clear fundamental tailwind. Quarterly Results
• Neutral Sentiment: Sell‑side coverage is mixed but constructive overall — consensus is a “Moderate Buy” with an average target near $132, which limits dramatic upside but keeps placement support from analysts. Analyst Consensus
• Negative Sentiment: Large insider selling this week increases near‑term supply and hurts sentiment: CEO Amanpal Bhutani sold 34,148 shares (avg ~$88.99), CFO Mark McCaffrey sold 17,406 shares, CAO Phontip Palitwanon sold 766 shares, and a director sold 650 shares. These SEC filings are notable because executive disposals at this scale often trigger short‑term selling pressure. CEO Form 4 CFO Form 4 CAO Form 4
• Negative Sentiment: Analysts have trimmed price targets in recent notes (Evercore to $95 with an “In Line” rating; several other firms cut targets), which reduces perceived upside and can prompt portfolio rebalancing by institutions. Evercore Note Analyst Summary

Analyst Upgrades and Downgrades

GDDY has been the topic of several recent analyst reports. Jefferies Financial Group lowered their target price on shares of GoDaddy from $140.00 to $100.00 and set a “hold” rating on the stock in a research note on Monday, February 23rd. Raymond James Financial restated a “strong-buy” rating and set a $100.00 price target on shares of GoDaddy in a research report on Wednesday, February 25th. Citigroup decreased their price target on shares of GoDaddy from $195.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Barclays lowered their price objective on GoDaddy from $200.00 to $118.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Finally, Wells Fargo & Company dropped their price objective on GoDaddy from $145.00 to $77.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.93.

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.