GoDaddy Inc. $GDDY Stock Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lowered its holdings in shares of GoDaddy Inc. (NYSE:GDDY) by 3.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 654,529 shares of the technology company’s stock after selling 21,712 shares during the period. Douglas Lane & Associates LLC’s holdings in GoDaddy were worth $62,514,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its position in shares of GoDaddy by 27.0% during the first quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company’s stock valued at $45,741,000 after buying an additional 117,800 shares during the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in GoDaddy in the 2nd quarter worth about $28,938,000. Swiss National Bank lifted its stake in GoDaddy by 4.5% during the 1st quarter. Swiss National Bank now owns 396,500 shares of the technology company’s stock valued at $32,779,000 after acquiring an additional 17,100 shares during the period. OP Asset Management Ltd bought a new position in GoDaddy during the 1st quarter valued at about $1,181,000. Finally, Plato Investment Management Ltd purchased a new stake in shares of GoDaddy during the 2nd quarter valued at about $1,693,000. 90.28% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Sigal Zarmi sold 350 shares of GoDaddy stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $34,104.00. Following the sale, the director owned 8,283 shares in the company, valued at $807,095.52. This trade represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark McCaffrey sold 5,873 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $100.91, for a total transaction of $592,644.43. Following the transaction, the chief financial officer owned 99,855 shares of the company’s stock, valued at approximately $10,076,368.05. This represents a 5.55% decrease in their position. 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 90 days, insiders have sold 31,358 shares of company stock valued at $3,031,831. Company insiders own 0.93% of the company’s stock.

GoDaddy Stock Performance

Shares of NYSE GDDY traded up $1.52 during trading on Friday, hitting $104.72. The company had a trading volume of 603,491 shares, compared to its average volume of 2,291,466. The stock has a 50 day simple moving average of $96.71 and a 200 day simple moving average of $89.73. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $137.93. The firm has a market capitalization of $13.26 billion, a P/E ratio of 15.54 and a beta of 0.94.

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

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: An analyst remains bullish on GoDaddy, citing strong free-cash-flow potential, margin expansion 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 business is still too small to offset declines in legacy products. GoDaddy: The AI Transition Is Messy, But I’m Still Buying
• Positive Sentiment: Recent post-earnings coverage highlighted GoDaddy’s share-price momentum and evaluated the stock as a potential buy, sell or hold. The prior quarterly report showed adjusted earnings and revenue above consensus, with revenue rising year over year, supporting the constructive investor reaction. GoDaddy Shares Jumping 5.0% Post Q2 Earnings
• Neutral Sentiment: GoDaddy will release its third-quarter 2026 financial results after the market closes on October 29. The announcement gives investors a near-term catalyst, with results likely to clarify customer-acquisition trends, AI monetization and the effect of promotional pricing. GoDaddy to Announce Third-Quarter 2026 Results
• Negative Sentiment: Several law firms are publicizing a securities class action against GoDaddy and certain executives. The complaint alleges the company did not fully disclose customer-acquisition discounting, including a reported $4.99 one-year domain promotion, despite statements that front-end discounting had been turned off. These are allegations, not established findings, but the litigation adds headline, financial and reputational risk. The lead-plaintiff deadline is October 20, 2026. GDDY Securities Class Action Deadline Alert

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GDDY. Piper Sandler reissued a “neutral” rating and set a $95.00 price objective (up from $93.00) on shares of GoDaddy in a report on Friday, July 31st. Wells Fargo & Company cut shares of GoDaddy from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $80.00 to $76.00 in a report on Wednesday, August 26th. William Blair lowered shares of GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday, July 31st. Wedbush decreased their target price on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a research note on Monday, August 3rd. Finally, Benchmark lowered 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. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.69.

GoDaddy Profile

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.