GoDaddy Inc. $GDDY Shares Sold by Sei Investments Co.

Sei Investments Co. lowered its holdings in shares of GoDaddy Inc. (NYSE:GDDY) by 15.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 130,728 shares of the technology company’s stock after selling 23,748 shares during the quarter. Sei Investments Co.’s holdings in GoDaddy were worth $10,807,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of GoDaddy in the fourth quarter valued at approximately $250,020,000. AQR Capital Management LLC lifted its position in shares of GoDaddy by 117.5% during the 4th quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock valued at $370,991,000 after buying an additional 1,615,005 shares in the last quarter. Two Sigma Investments LP grew its stake in GoDaddy by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,631,100 shares of the technology company’s stock valued at $223,183,000 after acquiring an additional 814,360 shares during the period. Swedbank AB grew its stake in GoDaddy by 433.9% in the 4th quarter. Swedbank AB now owns 645,754 shares of the technology company’s stock valued at $80,125,000 after acquiring an additional 524,811 shares during the period. Finally, Pacer Advisors Inc. grew its stake in GoDaddy by 67.0% in the 4th quarter. Pacer Advisors Inc. now owns 1,256,998 shares of the technology company’s stock valued at $155,968,000 after acquiring an additional 504,374 shares during the period. 90.28% of the stock is owned by institutional investors and hedge funds.

GoDaddy Stock Down 16.7%

NYSE GDDY opened at $82.79 on Friday. The business has a fifty day moving average price of $86.64 and a 200 day moving average price of $88.79. GoDaddy Inc. has a one year low of $71.59 and a one year high of $165.11. The company has a debt-to-equity ratio of 15.86, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market cap of $10.96 billion, a P/E ratio of 12.28, a P/E/G ratio of 0.75 and a beta of 0.89.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings data 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 return on equity of 501.82% and a net margin of 17.83%.The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm posted $1.41 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. Research analysts anticipate that GoDaddy Inc. will post 7.18 EPS for the current fiscal year.

GoDaddy News Roundup

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy reported second-quarter adjusted earnings of $1.83 per share, above the roughly $1.69–$1.72 consensus range, while revenue rose 6.6% year over year to approximately $1.30 billion, slightly exceeding estimates. GoDaddy Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Growth was supported by rising average revenue per user, strength across both business segments and accelerating adoption of Airo, GoDaddy’s AI-powered product suite. Airo’s annualized recurring revenue reportedly increased fivefold to $50 million, helping drive record margins and free cash flow. GoDaddy Q2 Earnings Call Highlights
• Positive Sentiment: Management forecast third-quarter revenue of $1.315 billion to $1.335 billion and reaffirmed its approximately $1.8 billion full-year free-cash-flow target. Full-year revenue guidance remains $5.2 billion to $5.3 billion. GoDaddy Forecasts Q3 Revenue and Reaffirms Free Cash Flow
• Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reaffirmed a Neutral rating with a $90 target, while Benchmark maintained Buy despite reducing its target to $140. Raymond James cut GoDaddy from Strong Buy to Outperform and set a $100 target, citing limited visibility. Raymond James Analyst Action
• Negative Sentiment: Investors viewed the quarterly outlook as underwhelming relative to expectations, with several reports describing the guidance as weak despite the earnings beat. Concerns also persist that AI could pressure GoDaddy’s traditional website and domain businesses and weigh on future margins. GoDaddy Goes Down After Q2 Results and Outlook
• Negative Sentiment: Bearish trading activity intensified, with put-option volume reaching 11,680 contracts—nearly five times the typical daily level. Separate law-firm investigations into potential securities-law violations added another source of investor uncertainty.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Raymond James Financial cut shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective for the company. in a research report on Friday. Wedbush reiterated an “outperform” rating on shares of GoDaddy in a research report on Tuesday. B. Riley Financial cut their target price on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft downgraded shares of GoDaddy to a “buy” rating in a research report on Friday. Finally, UBS Group initiated coverage on shares of GoDaddy in a research note on Tuesday, May 5th. They issued a “neutral” rating and a $100.00 price target on the stock. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.93.

Insider Buying and Selling at GoDaddy

In related news, Director Sigal Zarmi sold 350 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $87.84, for a total transaction of $30,744.00. Following the completion of the sale, the director owned 5,708 shares of the company’s stock, valued at approximately $501,390.72. This represents a 5.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Phontip Palitwanon sold 542 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $89.86, for a total transaction of $48,704.12. Following the completion of the sale, the chief accounting officer owned 19,995 shares of the company’s stock, valued at approximately $1,796,750.70. The trade was a 2.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 16,751 shares of company stock valued at $1,480,228 over the last ninety days. 0.93% of the stock is currently owned by corporate insiders.

GoDaddy 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.