Amanpal Singh Bhutani Sells 4,500 Shares of GoDaddy (NYSE:GDDY) Stock

GoDaddy Inc. (NYSE:GDDY) CEO Amanpal Bhutani sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total transaction of $438,480.00. Following the completion of the transaction, the chief executive officer directly owned 512,747 shares of the company’s stock, valued at $49,962,067.68. This represents a 0.87% decrease in their position. The transaction was disclosed in a document filed 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 Wednesday, September 2nd, Amanpal Bhutani sold 8,194 shares of GoDaddy stock. The stock was sold at an average price of $101.19, for a total value of $829,150.86.
• On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $83.15, for a total transaction of $374,175.00.

GoDaddy Stock Performance

Shares of NYSE:GDDY traded up $1.70 during trading on Thursday, hitting $103.57. 1,895,762 shares of the stock were exchanged, compared to its average volume of 1,805,950. GoDaddy Inc. has a 1-year low of $71.59 and a 1-year high of $150.47. The company has a market capitalization of $13.12 billion, a price-to-earnings ratio of 15.37, a price-to-earnings-growth ratio of 0.91 and a beta of 0.94. The company’s fifty day simple moving average is $93.21 and its 200-day simple moving average is $87.82. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63.

GoDaddy (NYSE:GDDY) last announced its earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. GoDaddy’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.41 earnings per share. Sell-side analysts expect that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.

Key Headlines 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

Institutional Trading of GoDaddy

Several large investors have recently bought and sold shares of the business. Brown Brothers Harriman & Co. lifted its holdings in GoDaddy by 145.6% in the third quarter. Brown Brothers Harriman & Co. now owns 253 shares of the technology company’s stock valued at $35,000 after acquiring an additional 150 shares during the last quarter. Harbour Investments Inc. increased its position in GoDaddy by 191.0% during the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock worth $32,000 after buying an additional 170 shares during the period. Entrust Financial LLC acquired a new position in GoDaddy in the 4th quarter valued at about $35,000. International Assets Investment Management LLC lifted its holdings in shares of GoDaddy by 93.8% in the 1st quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares during the period. Finally, Acuitas Investments LLC acquired a new stake in shares of GoDaddy during the 1st quarter valued at approximately $33,000. Hedge funds and other institutional investors own 90.28% of the company’s stock.

Analyst Upgrades and Downgrades

GDDY has been the subject of a number of recent research reports. Benchmark decreased their price objective on GoDaddy from $185.00 to $140.00 and set a “buy” rating for the company in a report on Friday, July 31st. Wells Fargo & Company cut shares of GoDaddy from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $80.00 to $76.00 in a research note on Wednesday, August 26th. Raymond James Financial downgraded GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective on the stock. in a report on Friday, July 31st. B. Riley Financial reduced their price objective on GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. lowered their target price on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a research note on Thursday, June 18th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, GoDaddy has an average rating of “Hold” and a consensus price target of $110.07.

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.