GoDaddy (NYSE:GDDY) CEO Amanpal Singh Bhutani Sells 8,194 Shares of Stock

GoDaddy Inc. (NYSE:GDDY) CEO Amanpal Bhutani sold 8,194 shares of GoDaddy stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $101.19, for a total transaction of $829,150.86. Following the completion of the sale, the chief executive officer owned 504,553 shares in the company, valued at $51,055,718.07. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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.

Amanpal Singh Bhutani also recently made the following trade(s):

• On Tuesday, September 1st, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $97.44, for a total transaction of $438,480.00.
• On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The shares were sold at an average price of $83.15, for a total value of $374,175.00.

GoDaddy Price Performance

NYSE:GDDY opened at $103.57 on Friday. 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 simple moving average is $93.21 and its 200 day simple moving average is $87.82. The company has a market cap of $13.12 billion, a P/E ratio of 15.37, a P/E/G ratio of 0.91 and a beta of 0.94. GoDaddy Inc. has a 52-week low of $71.59 and a 52-week high of $150.47.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The business’s quarterly revenue 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. As a group, sell-side analysts forecast that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Analysts’ average price target of approximately $110.07 implies further upside from recent trading levels. GoDaddy also recently exceeded quarterly earnings and revenue expectations, providing a fundamental counterweight to the legal concerns. GoDaddy Analyst Price Target
• Neutral Sentiment: Multiple investor-rights firms are publicizing the same securities class action and the October 20, 2026 deadline for investors to seek lead-plaintiff status. The repeated announcements primarily increase awareness of existing litigation rather than represent a new operating development. Kaplan Fox GoDaddy Class Action Deadline
• Negative Sentiment: GoDaddy faces a proposed securities-fraud class action covering investors who purchased shares between September 3, 2025, and February 24, 2026. The complaint alleges that the company and certain executives 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, despite statements that discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
• Negative Sentiment: Law firms say the alleged disclosure issues preceded an approximately 14% stock decline. Continued litigation could create legal expenses, management distraction, settlement risk and additional pressure on GoDaddy’s valuation. GoDaddy Securities Fraud Lawsuit
• Negative Sentiment: A GoDaddy director sold 325 shares under a pre-arranged Rule 10b5-1 trading plan. The relatively small, scheduled transaction is unlikely to materially affect valuation but may add modest caution among investors. GoDaddy Director Stock Sale

Analysts Set New Price Targets

GDDY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of GoDaddy to a “buy” rating in a report on Friday, July 31st. Citigroup cut their price target on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. B. Riley Financial decreased their price objective on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, July 31st. William Blair lowered shares of GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday, July 31st. Finally, Wedbush dropped their target price on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. 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. According to MarketBeat.com, GoDaddy currently has a consensus rating of “Hold” and a consensus price target of $110.07.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Corient Private Wealth LP lifted its holdings in GoDaddy by 15.6% during the 2nd quarter. Corient Private Wealth LP now owns 24,856 shares of the technology company’s stock valued at $2,109,000 after purchasing an additional 3,345 shares during the last quarter. Groupe la Francaise acquired a new position in shares of GoDaddy in the second quarter valued at $178,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of GoDaddy in the second quarter valued at $24,929,000. California State Teachers Retirement System raised its position in shares of GoDaddy by 6,098.5% in the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock valued at $1,108,733,000 after purchasing an additional 12,851,619 shares during the period. Finally, Paralel Advisors LLC raised its position in shares of GoDaddy by 88.2% in the second quarter. Paralel Advisors LLC now owns 27,941 shares of the technology company’s stock valued at $2,372,000 after purchasing an additional 13,091 shares during the period. 90.28% of the stock is owned by institutional investors and hedge funds.

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.