Godaddy Inc (NYSE:GDDY) insider Barbara J. Rechterman sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $59.95, for a total transaction of $599,500.00. Following the transaction, the insider now owns 70,795 shares in the company, valued at approximately $4,244,160.25. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Godaddy stock traded down $1.07 on Friday, reaching $59.86. 1,136,804 shares of the stock were exchanged, compared to its average volume of 1,409,150. Godaddy Inc has a one year low of $36.02 and a one year high of $64.49. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 4.41. The company has a market cap of $10,171.70, a PE ratio of 142.52, a price-to-earnings-growth ratio of 7.23 and a beta of 0.55.
Godaddy (NYSE:GDDY) last issued its quarterly earnings results on Thursday, February 22nd. The technology company reported $0.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.02. Godaddy had a net margin of 6.45% and a return on equity of 9.87%. The company had revenue of $602.20 million during the quarter, compared to the consensus estimate of $593.47 million. research analysts forecast that Godaddy Inc will post 0.42 earnings per share for the current year.
Institutional investors have recently modified their holdings of the company. American International Group Inc. bought a new stake in shares of Godaddy during the 4th quarter worth approximately $150,000. QS Investors LLC bought a new stake in shares of Godaddy during the 4th quarter worth approximately $156,000. AXA bought a new position in Godaddy in the 4th quarter valued at approximately $201,000. US Bancorp DE lifted its stake in Godaddy by 10,297.6% in the 4th quarter. US Bancorp DE now owns 4,263 shares of the technology company’s stock valued at $214,000 after purchasing an additional 4,222 shares during the last quarter. Finally, Jefferies Group LLC bought a new position in Godaddy in the 4th quarter valued at approximately $231,000. 86.87% of the stock is owned by institutional investors.
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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.
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