Godaddy Inc (NYSE:GDDY) Director Blake Irving sold 50,000 shares of the stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $50.95, for a total value of $2,547,500.00. Following the sale, the director now directly owns 53,106 shares in the company, valued at approximately $2,705,750.70. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Tuesday, December 12th, Blake Irving sold 50,000 shares of Godaddy stock. The shares were sold at an average price of $48.15, for a total value of $2,407,500.00.
  • On Tuesday, November 14th, Blake Irving sold 50,000 shares of Godaddy stock. The shares were sold at an average price of $48.53, for a total value of $2,426,500.00.

Shares of Godaddy Inc (GDDY) traded up $0.38 on Thursday, hitting $51.30. The stock had a trading volume of 572,840 shares, compared to its average volume of 1,132,480. Godaddy Inc has a 12-month low of $34.40 and a 12-month high of $51.49. The company has a debt-to-equity ratio of 5.15, a quick ratio of 0.57 and a current ratio of 0.57. The stock has a market cap of $8,420.00 and a price-to-earnings ratio of 394.62.

Several brokerages have issued reports on GDDY. Royal Bank of Canada reaffirmed a “buy” rating and set a $53.00 target price on shares of Godaddy in a research report on Wednesday, November 22nd. Oppenheimer reaffirmed a “buy” rating on shares of Godaddy in a research report on Monday, November 20th. B. Riley reaffirmed a “buy” rating and set a $53.00 target price on shares of Godaddy in a research report on Wednesday, January 3rd. JPMorgan Chase & Co. cut Godaddy from an “overweight” rating to a “neutral” rating and set a $54.00 target price on the stock. in a research report on Tuesday, December 12th. Finally, Piper Jaffray Companies increased their price objective on Godaddy from $53.00 to $60.00 and gave the company an “overweight” rating in a report on Monday, November 13th. Six investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Godaddy presently has a consensus rating of “Buy” and a consensus target price of $50.43.

Institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in shares of Godaddy during the 2nd quarter valued at $118,000. Public Employees Retirement Association of Colorado raised its stake in Godaddy by 49.3% in the 3rd quarter. Public Employees Retirement Association of Colorado now owns 3,675 shares of the technology company’s stock worth $160,000 after acquiring an additional 1,213 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Godaddy by 142.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,605 shares of the technology company’s stock worth $195,000 after acquiring an additional 2,707 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Godaddy by 7.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,476 shares of the technology company’s stock worth $232,000 after acquiring an additional 397 shares during the last quarter. Finally, Comerica Bank purchased a new position in Godaddy in the 3rd quarter worth $267,000. Hedge funds and other institutional investors own 84.43% of the company’s stock.

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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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