Amanpal Singh Bhutani Sells 8,194 Shares of GoDaddy (NYSE:GDDY) Stock

GoDaddy Inc. (NYSE:GDDY) CEO Amanpal Bhutani sold 8,194 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total transaction 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 trade represents a 1.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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.

Amanpal Singh Bhutani also recently made the following trade(s):

• On Tuesday, September 1st, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The shares were sold at an average price of $97.44, for a total value of $438,480.00.
• On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $83.15, for a total value of $374,175.00.

GoDaddy Trading Down 2.2%

Shares of NYSE GDDY opened at $101.34 on Friday. GoDaddy Inc. has a 12-month low of $71.59 and a 12-month high of $150.47. The company has a market cap of $12.83 billion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 0.93 and a beta of 0.94. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10. The stock’s 50 day simple moving average is $93.55 and its 200 day simple moving average is $87.91.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GDDY. Coldstream Capital Management Inc. raised its holdings in GoDaddy by 4.8% during the third quarter. Coldstream Capital Management Inc. now owns 1,887 shares of the technology company’s stock worth $258,000 after purchasing an additional 86 shares in the last quarter. Main Street Financial Solutions LLC boosted its stake in GoDaddy by 1.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company’s stock valued at $2,185,000 after purchasing an additional 119 shares in the last quarter. Lido Advisors LLC increased its position in shares of GoDaddy by 6.2% during the 4th quarter. Lido Advisors LLC now owns 2,083 shares of the technology company’s stock valued at $283,000 after purchasing an additional 121 shares during the period. Vontobel Holding Ltd. increased its position in shares of GoDaddy by 2.0% during the 4th quarter. Vontobel Holding Ltd. now owns 6,859 shares of the technology company’s stock valued at $851,000 after purchasing an additional 134 shares during the period. Finally, Sequoia Financial Advisors LLC raised its stake in shares of GoDaddy by 3.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,318 shares of the technology company’s stock worth $357,000 after buying an additional 147 shares in the last quarter. 90.28% of the stock is currently owned by institutional investors.

GoDaddy News Summary

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

Analyst Ratings Changes

GDDY has been the subject of several recent analyst reports. Wells Fargo & Company cut shares of GoDaddy from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $80.00 to $76.00 in a research report on Wednesday, August 26th. Benchmark cut their price target on GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. reduced their price objective on GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a research report on Thursday, June 18th. Wedbush decreased their price objective on GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $95.00 target price (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $110.07.

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.