Krilogy Financial LLC grew its stake in GoDaddy Inc. (NYSE:GDDY – Free Report) by 161.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 11,446 shares of the technology company’s stock after purchasing an additional 7,067 shares during the period. Krilogy Financial LLC’s holdings in GoDaddy were worth $1,171,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of the stock. Pacer Advisors Inc. grew its position in shares of GoDaddy by 67.0% in the 4th quarter. Pacer Advisors Inc. now owns 1,256,998 shares of the technology company’s stock valued at $155,968,000 after buying an additional 504,374 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in GoDaddy by 79.9% in the first quarter. Assenagon Asset Management S.A. now owns 970,543 shares of the technology company’s stock valued at $80,235,000 after acquiring an additional 431,094 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in GoDaddy in the second quarter valued at $28,938,000. Bank of America Corp DE grew its holdings in shares of GoDaddy by 27.9% during the first quarter. Bank of America Corp DE now owns 1,383,615 shares of the technology company’s stock worth $114,383,000 after purchasing an additional 302,126 shares during the last quarter. Finally, Rice Hall James & Associates LLC grew its holdings in shares of GoDaddy by 1,218.1% during the first quarter. Rice Hall James & Associates LLC now owns 319,453 shares of the technology company’s stock worth $26,409,000 after purchasing an additional 295,218 shares during the last quarter. 90.28% of the stock is owned by hedge funds and other institutional investors.
GoDaddy News Summary
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: Expanded developer platform: GoDaddy launched new APIs for hosting, professional email and commerce, giving developers and AI agents a more integrated, programmable way to move businesses from creation to online operations. The initiative could increase platform usage, customer engagement and long-term monetization. GoDaddy Expands Developer Platform
- Positive Sentiment: AI ecosystem positioning: GoDaddy also participated with Infoblox, Google and Cloudflare in a demonstration of secure AI-agent transactions, while separately working on an open framework for AI-agent identity and payments. These developments strengthen the company’s strategic positioning in emerging AI-enabled commerce, though near-term financial benefits are not yet quantified. Secure AI Agent Transactions
- Neutral Sentiment: Valuation and earnings focus: One report characterized GDDY as potentially attractive despite a roughly 48% recent advance. Investors are also watching the next quarterly report; the company’s latest reported quarter exceeded earnings and revenue expectations, with revenue up 6.6% year over year. The strong run could support sentiment but may also raise expectations.
- Negative Sentiment: Class-action litigation: Multiple law firms publicized a securities lawsuit covering investors who purchased shares from September 3, 2025, through February 24, 2026. Allegations center on an undisclosed $4.99 one-year domain promotion and claims that GoDaddy misrepresented its customer-acquisition and go-to-market strategy. The October 20 lead-plaintiff deadline is generating repeated notices, increasing legal and reputational uncertainty for GoDaddy and its executives. The allegations have not been proven. Kaplan Fox GoDaddy Class Action
Insider Buying and Selling at GoDaddy
In related news, CEO Amanpal Bhutani sold 4,500 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $97.50, for a total transaction of $438,750.00. Following the transaction, the chief executive officer owned 500,053 shares of the company’s stock, valued at $48,755,167.50. This trade represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Leah Sweet sold 325 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total value of $31,668.00. Following the transaction, the director directly owned 13,689 shares in the company, valued at approximately $1,333,856.16. This represents a 2.32% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 31,358 shares of company stock valued at $3,031,831. Corporate insiders own 0.93% of the company’s stock.
Wall Street Analyst Weigh In
GDDY has been the topic of a number of research analyst reports. Wedbush cut their target price on GoDaddy from $109.00 to $93.00 and set an “outperform” rating on the stock in a research report on Monday, August 3rd. Royal Bank Of Canada cut GoDaddy from an “outperform” rating to a “sector perform” rating and set a $95.00 target price for the company. in a research report on Sunday. Deutsche Bank Aktiengesellschaft downgraded GoDaddy to a “buy” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. cut their price target on GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a research report on Thursday, June 18th. Finally, William Blair cut GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday, July 31st. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, GoDaddy has a consensus rating of “Hold” and an average price target of $110.38.
Read Our Latest Analysis on GoDaddy
GoDaddy Stock Up 4.1%
Shares of NYSE:GDDY opened at $107.55 on Friday. The stock has a market cap of $13.62 billion, a P/E ratio of 15.96 and a beta of 0.94. The firm has a fifty day moving average price of $98.26 and a 200 day moving average price of $90.53. 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 Inc. has a 1-year low of $71.59 and a 1-year high of $137.93.
GoDaddy (NYSE:GDDY – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.14. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. GoDaddy’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the firm posted $1.41 EPS. Sell-side analysts predict that GoDaddy Inc. will post 7.23 EPS for the current year.
GoDaddy Company Profile
GoDaddy Inc (NYSE:GDDY) is a technology company that provides domain name registration and online services for individuals, entrepreneurs, and small businesses. Its platform enables customers to search for and manage domain names, establish an online presence, and build and maintain websites.
The company offers website and ecommerce tools, managed web hosting, business email, online marketing services, and website security products. GoDaddy also provides tools designed to help businesses manage digital content, customer engagement, appointments, payments, and other day-to-day online activities through an integrated platform.
Founded in 1997 as Jomax Technologies by entrepreneur Bob Parsons, the company later adopted the GoDaddy name and grew into a global provider of online services.
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