GoDaddy Inc. $GDDY Shares Sold by Quantitative Investment Management LLC

Quantitative Investment Management LLC lowered its position in shares of GoDaddy Inc. (NYSE:GDDYFree Report) by 81.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 5,655 shares of the technology company’s stock after selling 24,079 shares during the period. Quantitative Investment Management LLC’s holdings in GoDaddy were worth $479,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of GDDY. BNP Paribas Financial Markets boosted its stake in GoDaddy by 5.7% during the 4th quarter. BNP Paribas Financial Markets now owns 945,202 shares of the technology company’s stock valued at $117,281,000 after purchasing an additional 50,959 shares during the period. Renaissance Technologies LLC increased its stake in shares of GoDaddy by 27.0% in the first quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company’s stock valued at $45,741,000 after purchasing an additional 117,800 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in shares of GoDaddy in the fourth quarter valued at approximately $9,303,000. Swiss National Bank raised its holdings in shares of GoDaddy by 4.5% during the first quarter. Swiss National Bank now owns 396,500 shares of the technology company’s stock valued at $32,779,000 after buying an additional 17,100 shares during the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor bought a new stake in shares of GoDaddy during the second quarter valued at approximately $28,938,000. Institutional investors and hedge funds own 90.28% of the company’s stock.

Insider Transactions at GoDaddy

In other GoDaddy news, CEO Amanpal Singh Bhutani sold 4,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $83.15, for a total value of $374,175.00. Following the completion of the sale, the chief executive officer directly owned 517,247 shares of the company’s stock, valued at approximately $43,009,088.05. This represents a 0.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Phontip Palitwanon sold 2,261 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $91.81, for a total transaction of $207,582.41. Following the transaction, the chief accounting officer owned 17,734 shares of the company’s stock, valued at approximately $1,628,158.54. This trade represents a 11.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 10,911 shares of company stock worth $935,291. Corporate insiders own 0.93% of the company’s stock.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

  • Positive Sentiment: A Zacks analysis characterized GoDaddy as a strong value stock, potentially supporting investor interest given its valuation metrics and established earnings base. Here’s Why GoDaddy Is a Strong Value Stock
  • Neutral Sentiment: Several firms, including Pomerantz, Kaplan Fox, Rosen, Glancy Prongay, SBS and other investor-rights practices, reminded shareholders that a lead-plaintiff deadline is October 20, 2026. These announcements largely repeat existing information rather than introduce a new operating development. Kaplan Fox Deadline Announcement
  • Negative Sentiment: GoDaddy faces a securities-fraud class action covering investors who purchased shares from September 3, 2025, through February 24, 2026. The complaints allege that GoDaddy misrepresented customer-acquisition trends and its go-to-market strategy, including the impact of a $4.99 one-year domain promotion that allegedly replaced higher-value multiyear bookings and reduced upfront bookings. SueWallSt GoDaddy Securities Class Action Alert
  • Negative Sentiment: Law firms say the alleged disclosures were followed by a roughly 14% stock decline, and they are seeking investors to participate in or lead the case. Although the allegations have not been proven, continued litigation could increase legal costs, distract management and pressure the company’s valuation. GoDaddy Class Action Alert

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Piper Sandler reissued a “neutral” rating and issued a $95.00 price objective (up from $93.00) on shares of GoDaddy in a report on Friday, July 31st. Cantor Fitzgerald reiterated a “neutral” rating and set a $90.00 price target on shares of GoDaddy in a research report on Friday, July 31st. Wells Fargo & Company cut GoDaddy from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $80.00 to $76.00 in a research note on Wednesday, August 26th. Weiss Ratings raised GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft cut shares of GoDaddy to a “buy” rating in a research note on Friday, July 31st. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, GoDaddy currently has a consensus rating of “Hold” and a consensus target price of $110.07.

View Our Latest Research Report on GoDaddy

GoDaddy Price Performance

Shares of NYSE:GDDY opened at $100.51 on Wednesday. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $150.47. The stock has a market cap of $12.73 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 0.88 and a beta of 0.94. The stock’s 50 day moving average price is $92.32 and its 200 day moving average price is $87.62. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63.

GoDaddy (NYSE:GDDYGet Free Report) last released its earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.41 earnings per share. Equities research analysts anticipate that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

GoDaddy Profile

(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.

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Institutional Ownership by Quarter for GoDaddy (NYSE:GDDY)

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