GoDaddy Inc. (NYSE:GDDY) CEO Blake Irving sold 37,500 shares of the business’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $42.23, for a total value of $1,583,625.00. Following the completion of the transaction, the chief executive officer now directly owns 40,606 shares of the company’s stock, valued at approximately $1,714,791.38. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Blake Irving also recently made the following trade(s):

  • On Tuesday, June 13th, Blake Irving sold 37,500 shares of GoDaddy stock. The stock was sold at an average price of $42.04, for a total value of $1,576,500.00.
  • On Tuesday, May 9th, Blake Irving sold 37,500 shares of GoDaddy stock. The stock was sold at an average price of $39.11, for a total value of $1,466,625.00.

GoDaddy Inc. (NYSE:GDDY) opened at 42.22 on Monday. GoDaddy Inc. has a 52 week low of $28.13 and a 52 week high of $44.22. The company’s 50 day moving average price is $41.54 and its 200-day moving average price is $37.81. The company’s market capitalization is $3.86 billion.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings results on Tuesday, May 2nd. The technology company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.05. The company had revenue of $489.70 million during the quarter, compared to analysts’ expectations of $487.77 million. GoDaddy had a positive return on equity of 0.73% and a negative net margin of 0.28%. Equities research analysts expect that GoDaddy Inc. will post $0.19 earnings per share for the current year.

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A number of brokerages have weighed in on GDDY. B. Riley reissued a “buy” rating and issued a $45.00 target price on shares of GoDaddy in a research report on Sunday, April 16th. BidaskClub lowered shares of GoDaddy from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 11th. Zacks Investment Research lowered shares of GoDaddy from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $50.00 price target (up previously from $46.00) on shares of GoDaddy in a research report on Tuesday, May 16th. Finally, Oppenheimer Holdings, Inc. upped their price target on shares of GoDaddy from $44.00 to $47.00 and gave the company an “outperform” rating in a research report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $43.08.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new position in shares of GoDaddy during the fourth quarter valued at $1,567,000. State Board of Administration of Florida Retirement System boosted its position in shares of GoDaddy by 3.6% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 39,160 shares of the technology company’s stock valued at $1,369,000 after buying an additional 1,346 shares in the last quarter. State Street Corp boosted its position in shares of GoDaddy by 11.6% in the fourth quarter. State Street Corp now owns 556,589 shares of the technology company’s stock valued at $19,448,000 after buying an additional 57,895 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of GoDaddy by 76.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 101,620 shares of the technology company’s stock valued at $3,552,000 after buying an additional 43,957 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of GoDaddy by 5.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,936 shares of the technology company’s stock valued at $278,000 after buying an additional 376 shares in the last quarter.

About GoDaddy

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It 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.

Insider Buying and Selling by Quarter for GoDaddy (NYSE:GDDY)

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