Paralel Advisors LLC Acquires 13,091 Shares of GoDaddy Inc. $GDDY

Paralel Advisors LLC raised its holdings in GoDaddy Inc. (NYSE:GDDY) by 88.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,941 shares of the technology company’s stock after acquiring an additional 13,091 shares during the period. Paralel Advisors LLC’s holdings in GoDaddy were worth $2,372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. HB Wealth Management LLC raised its position in shares of GoDaddy by 14.1% during the second quarter. HB Wealth Management LLC now owns 6,602 shares of the technology company’s stock worth $560,000 after purchasing an additional 818 shares during the period. AlphaGrep UK Ltd acquired a new position in shares of GoDaddy in the 2nd quarter valued at approximately $288,000. NEOS Investment Management LLC grew its position in shares of GoDaddy by 17.8% in the 2nd quarter. NEOS Investment Management LLC now owns 24,121 shares of the technology company’s stock valued at $2,047,000 after purchasing an additional 3,644 shares during the period. Power Wealth Management LLC bought a new stake in GoDaddy during the 2nd quarter worth approximately $442,000. Finally, AXQ Capital LP increased its stake in GoDaddy by 83.6% during the 2nd quarter. AXQ Capital LP now owns 15,617 shares of the technology company’s stock worth $1,326,000 after purchasing an additional 7,111 shares in the last quarter. 90.28% of the stock is currently owned by institutional investors.

GoDaddy Trading Up 0.0%

NYSE GDDY opened at $101.34 on Monday. GoDaddy Inc. has a 52 week low of $71.59 and a 52 week high of $150.47. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63. The stock’s 50 day moving average price is $93.55 and its two-hundred day moving average price is $87.90. The stock has a market capitalization of $12.83 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 0.91 and a beta of 0.94.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the business earned $1.41 EPS. As a group, analysts anticipate that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

Trending Headlines about GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy’s latest reported quarter remains a fundamental bright spot: adjusted EPS of $1.83 exceeded the $1.69 consensus estimate, revenue reached $1.30 billion versus $1.29 billion expected, and sales grew 6.6% year over year. The average analyst price target of about $110.07 indicates potential upside if operating performance remains resilient.
• Neutral Sentiment: CEO Amanpal Bhutani, CFO Mark McCaffrey, Chief Accounting Officer Phontip Palitwanon and Director Sigal Zarmi reported stock sales. The transactions were executed under pre-arranged Rule 10b5-1 plans to cover tax obligations tied to vested equity awards, and the executives retained significant positions, limiting their value as a bearish signal. GoDaddy Insider Sales
• Negative Sentiment: Multiple investor-rights firms are soliciting shareholders for a class action covering purchases from September 3, 2025, through February 24, 2026. The complaint alleges GoDaddy failed to disclose the impact of a $4.99 one-year domain promotion, which allegedly encouraged short-term, lower-value contracts and pressured upfront bookings while investors were told discounting had been reduced or eliminated. The allegations have not been proven. GoDaddy Securities Class Action Allegations
• Negative Sentiment: The litigation creates potential exposure to legal costs, settlements, management distraction and increased scrutiny of GoDaddy’s customer-acquisition metrics and public disclosures. Investors seeking lead-plaintiff status generally face an October 20, 2026 deadline, although one notice cites October 26. The continuing stream of law-firm announcements is likely adding an overhang to GDDY shares. GoDaddy Class Action Update

Analyst Upgrades and Downgrades

GDDY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft lowered shares of GoDaddy to a “buy” rating in a research note on Friday, July 31st. Weiss Ratings raised shares of GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. William Blair lowered shares of GoDaddy from an “outperform” rating to a “market perform” rating in a report on Friday, July 31st. Raymond James Financial cut shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective on the stock. in a research report on Friday, July 31st. Finally, Benchmark reduced their target price on shares of GoDaddy from $185.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GoDaddy presently has a consensus rating of “Hold” and a consensus price target of $110.07.

Insiders Place Their Bets

In other GoDaddy news, Director Leah Sweet sold 325 shares of GoDaddy stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total value of $31,668.00. Following the sale, the director directly owned 13,689 shares in the company, valued at approximately $1,333,856.16. The trade was a 2.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total transaction of $829,150.86. Following the sale, the chief executive officer directly owned 504,553 shares in the company, valued at $51,055,718.07. This trade 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. Insiders have sold 26,858 shares of company stock valued at $2,593,081 in the last quarter. Company insiders own 0.93% of the company’s stock.

GoDaddy Company Profile

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.