GoDaddy (NYSE:GDDY) Shares Up 3.6% – Here’s What Happened

GoDaddy Inc. (NYSE:GDDY) shares were up 3.6% during mid-day trading on Thursday. The stock traded as high as $100.27 and last traded at $100.7530. Approximately 96,821 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 2,291,402 shares. The stock had previously closed at $97.21.

Trending Headlines about GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: An investment analysis maintained a bullish view on GoDaddy, citing strong cash generation, expanding margins and disciplined AI spending. The company’s Airo AI platform reportedly increased its annualized bookings run rate from $10 million to $50 million in one quarter, although the platform remains too small to offset weakness in older products. GoDaddy: The AI Transition Is Messy, But I’m Still Buying
• Neutral Sentiment: GoDaddy will report third-quarter 2026 results after the market closes on October 29. The announcement gives investors a near-term catalyst to assess revenue growth, margins, customer-acquisition trends and progress in the AI transition. GoDaddy to Announce Third Quarter 2026 Financial Results
• Negative Sentiment: Multiple law firms are reminding investors about a pending securities class action against GoDaddy and the October 20 lead-plaintiff deadline. The lawsuit covers investors who purchased shares from September 3, 2025, through February 24, 2026, and alleges that GoDaddy misrepresented customer-acquisition and discounting practices. One notice alleges the company promoted one-year .com domains for $4.99 despite saying front-end discounting had been turned off. These are allegations, not established findings, but the litigation creates potential legal costs, reputational risk and continued headline pressure. GoDaddy Securities Class Action Deadline Alert Rosen GoDaddy Investor Deadline Notice

Analyst Ratings Changes

A number of equities analysts have weighed in on GDDY shares. William Blair lowered shares of GoDaddy from an “outperform” rating to a “market perform” rating in a report on Friday, July 31st. Wells Fargo & Company downgraded GoDaddy from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $80.00 to $76.00 in a research report on Wednesday, August 26th. Robert W. Baird lifted their price objective on GoDaddy from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, September 25th. Benchmark dropped their target price on shares of GoDaddy from $185.00 to $140.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, B. Riley Financial cut their price objective on GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Ten analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.69.

GoDaddy Price Performance

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 business has a 50-day moving average price of $97.14 and a two-hundred day moving average price of $89.83. The firm has a market capitalization of $13.19 billion, a price-to-earnings ratio of 15.45 and a beta of 0.94.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.14. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.41 earnings per share. As a group, research analysts forecast that GoDaddy Inc. will post 7.23 EPS for the current year.

Insiders Place Their Bets

In other news, Director Sigal Zarmi sold 350 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total value of $34,104.00. Following the completion of the transaction, the director owned 8,283 shares of the company’s stock, valued at approximately $807,095.52. This represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Amanpal Bhutani sold 8,194 shares of GoDaddy stock in a transaction dated Wednesday, September 2nd. The shares were 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 represents a 1.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last three months, insiders sold 31,358 shares of company stock worth $3,031,831. 0.93% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC lifted its stake in 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 buying an additional 180 shares in the last quarter. Acuitas Investments LLC purchased a new position in shares of GoDaddy during the first quarter valued at $33,000. Perkins Coie Trust Co acquired a new stake in GoDaddy during the 2nd quarter worth about $34,000. Elevation Wealth Partners LLC boosted its position in GoDaddy by 109.3% during the 3rd quarter. Elevation Wealth Partners LLC now owns 473 shares of the technology company’s stock worth $45,000 after acquiring an additional 247 shares during the period. Finally, Versant Capital Management Inc grew its position in GoDaddy by 120.4% during the third quarter. Versant Capital Management Inc now owns 992 shares of the technology company’s stock valued at $95,000 after purchasing an additional 542 shares in the last quarter. 90.28% of the stock is currently owned by institutional investors.

About GoDaddy

GoDaddy Inc (NYSE:GDDY) is a technology company that provides domain name registration and online services for individuals, entrepreneurs, and small businesses. Its platform enables customers to search for and manage domain names, establish an online presence, and build and maintain websites.

The company offers website and ecommerce tools, managed web hosting, business email, online marketing services, and website security products. GoDaddy also provides tools designed to help businesses manage digital content, customer engagement, appointments, payments, and other day-to-day online activities through an integrated platform.

Founded in 1997 as Jomax Technologies by entrepreneur Bob Parsons, the company later adopted the GoDaddy name and grew into a global provider of online services.