GoDaddy (GDDY) Getting Somewhat Negative Media Coverage, Report Shows

Headlines about GoDaddy (NYSE:GDDY) have trended somewhat negative this week, Alpha One Sentiment reports. The research firm, a service of Accern, scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GoDaddy earned a news impact score of 0.00 on Alpha One’s scale. Alpha One also assigned news coverage about the technology company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Alpha One Sentiment’s scoring:

Insider Buying and Selling by Quarter for GoDaddy (NYSE:GDDY)

Several equities analysts recently issued reports on GDDY shares. B. Riley reissued a “buy” rating and set a $47.00 price objective on shares of GoDaddy in a report on Wednesday, May 3rd. Piper Jaffray Companies reissued an “overweight” rating and set a $50.00 price objective (up from $46.00) on shares of GoDaddy in a report on Tuesday, May 16th. Cantor Fitzgerald lifted their price objective on shares of GoDaddy from $42.00 to $46.00 and gave the company an “overweight” rating in a report on Wednesday, May 3rd. Barclays PLC started coverage on shares of GoDaddy in a report on Tuesday, March 28th. They set an “overweight” rating and a $45.00 price objective on the stock. Finally, BidaskClub raised shares of GoDaddy from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 10th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $43.00.

Shares of GoDaddy (NYSE GDDY) traded down 1.06% during midday trading on Tuesday, reaching $41.96. 312,733 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $40.76 and its 200 day moving average price is $37.43. The stock’s market capitalization is $3.84 billion. GoDaddy has a 1-year low of $28.13 and a 1-year high of $44.22.

GoDaddy (NYSE:GDDY) last issued its earnings results on Tuesday, May 2nd. The technology company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.05. GoDaddy had a negative net margin of 0.28% and a positive return on equity of 0.73%. The business had revenue of $489.70 million during the quarter, compared to analysts’ expectations of $487.77 million. On average, equities analysts predict that GoDaddy will post $0.19 earnings per share for the current fiscal year.

In other news, insider Barbara J. Rechterman sold 35,000 shares of the company’s stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $39.02, for a total value of $1,365,700.00. Following the completion of the transaction, the insider now owns 68,108 shares in the company, valued at approximately $2,657,574.16. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Auguste Goldman sold 1,000 shares of the company’s stock in a transaction on Monday, April 17th. The shares were sold at an average price of $36.10, for a total transaction of $36,100.00. Following the completion of the transaction, the insider now owns 5,677 shares of the company’s stock, valued at approximately $204,939.70. The disclosure for this sale can be found here. In the last 90 days, insiders sold 20,117,913 shares of company stock valued at $754,734,984. Company insiders own 25.70% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “GoDaddy (GDDY) Getting Somewhat Negative Media Coverage, Report Shows” was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/2656051/godaddy-gddy-getting-somewhat-negative-media-coverage-report-shows.html.

GoDaddy Company Profile

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “GDDY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Receive News & Ratings for GoDaddy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.