Intech Investment Management LLC Acquires 27,035 Shares of GoDaddy Inc. $GDDY

Intech Investment Management LLC raised its holdings in GoDaddy Inc. (NYSE:GDDYFree Report) by 14.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 217,222 shares of the technology company’s stock after acquiring an additional 27,035 shares during the quarter. Intech Investment Management LLC owned approximately 0.16% of GoDaddy worth $29,722,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Hemington Wealth Management increased its holdings in GoDaddy by 85.9% in the third quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock valued at $25,000 after purchasing an additional 85 shares during the period. Penserra Capital Management LLC lifted its holdings in GoDaddy by 14.0% during the 2nd quarter. Penserra Capital Management LLC now owns 748 shares of the technology company’s stock worth $134,000 after buying an additional 92 shares during the period. NewSquare Capital LLC grew its position in shares of GoDaddy by 170.9% in the 2nd quarter. NewSquare Capital LLC now owns 149 shares of the technology company’s stock valued at $27,000 after buying an additional 94 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in shares of GoDaddy by 5.6% in the second quarter. Coldstream Capital Management Inc. now owns 1,801 shares of the technology company’s stock valued at $324,000 after buying an additional 96 shares during the period. Finally, MAI Capital Management raised its position in shares of GoDaddy by 9.7% during the second quarter. MAI Capital Management now owns 1,127 shares of the technology company’s stock worth $203,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Analyst Upgrades and Downgrades

GDDY has been the topic of several analyst reports. Citigroup reduced their target price on GoDaddy from $214.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Royal Bank Of Canada dropped their price target on shares of GoDaddy from $200.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday. Benchmark reduced their price objective on shares of GoDaddy from $240.00 to $210.00 and set a “buy” rating on the stock in a research note on Monday. Wells Fargo & Company lowered their target price on shares of GoDaddy from $145.00 to $77.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, UBS Group dropped their target price on shares of GoDaddy from $145.00 to $105.00 and set a “neutral” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $143.86.

Read Our Latest Stock Analysis on GDDY

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

  • Positive Sentiment: Q4 EPS beat and improving margins: GoDaddy reported EPS that topped consensus and showed rising margins and stronger cash flow trends, evidence of operational leverage. Zacks: Q4 Earnings Beat
  • Positive Sentiment: Product/AI partnerships: GoDaddy announced integration with Salesforce’s agent-discovery tools, which could help enterprise trust/AI adoption over time. Yahoo: Salesforce Integration
  • Neutral Sentiment: Top-line was roughly flat to estimates: Q4 revenue grew modestly year‑over‑year (about +6.8%) and was roughly in line with consensus, showing steady but not accelerating growth. See the company release and slide deck for quarter detail. PR Newswire: Q4 Results
  • Negative Sentiment: Forward revenue guidance disappointed: Management forecasted FY‑2026 revenue below Street estimates and flagged slower adoption of its AI offerings and weaker customer acquisition, a primary driver of the selloff. Reuters: Revenue Forecast Below Estimates
  • Negative Sentiment: Multiple analyst price‑target cuts and downgrades followed the print and guidance — UBS, RBC, Wells Fargo and Cantor (among others) lowered targets and/or ratings, increasing near‑term selling pressure. TickerReport / Benzinga: Analyst Actions StreetInsider: RBC Cut
  • Negative Sentiment: New securities‑fraud investigation: A law firm announced an inquiry into GoDaddy related to the company’s disclosures around the February results and guidance, which can amplify short‑term uncertainty and selling. Business Wire: Investigation
  • Negative Sentiment: Insider selling and institutional rebalancing: Recent filings and summaries flagged notable insider sales and large shifts in institutional positions, which can exacerbate downward momentum. QuiverQuant: Insider & Institutional Activity

GoDaddy Stock Performance

NYSE:GDDY opened at $78.99 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 41.06. GoDaddy Inc. has a twelve month low of $73.06 and a twelve month high of $193.55. The company has a fifty day moving average of $106.46 and a 200-day moving average of $125.51. The firm has a market capitalization of $10.67 billion, a P/E ratio of 12.68, a P/E/G ratio of 0.84 and a beta of 0.94.

GoDaddy (NYSE:GDDYGet Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The technology company reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.22. GoDaddy had a net margin of 17.67% and a return on equity of 362.29%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the company posted $1.36 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts anticipate that GoDaddy Inc. will post 6.63 EPS for the current year.

Insider Activity

In other GoDaddy news, CFO Mark Mccaffrey sold 3,317 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $127.94, for a total value of $424,376.98. Following the completion of the sale, the chief financial officer owned 66,816 shares of the company’s stock, valued at approximately $8,548,439.04. This trade represents a 4.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $127.94, for a total value of $886,880.08. Following the sale, the chief executive officer owned 399,133 shares of the company’s stock, valued at approximately $51,065,076.02. This represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 13,615 shares of company stock worth $1,743,102 in the last three months. Company insiders own 0.70% of the company’s stock.

About GoDaddy

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GDDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GoDaddy Inc. (NYSE:GDDYFree Report).

Institutional Ownership by Quarter for GoDaddy (NYSE:GDDY)

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