Quantinno Capital Management LP Purchases 132,385 Shares of GoDaddy Inc. $GDDY

Quantinno Capital Management LP raised its position in GoDaddy Inc. (NYSE:GDDY) by 250.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,266 shares of the technology company’s stock after acquiring an additional 132,385 shares during the quarter. Quantinno Capital Management LP’s holdings in GoDaddy were worth $15,316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of GoDaddy during the fourth quarter worth about $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of GoDaddy in the fourth quarter worth about $25,000. Activest Wealth Management increased its holdings in GoDaddy by 6,600.0% during the 4th quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock valued at $25,000 after purchasing an additional 198 shares during the period. International Assets Investment Management LLC increased its holdings in GoDaddy by 93.8% during the 1st quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock valued at $30,000 after purchasing an additional 180 shares during the period. Finally, Harbour Investments Inc. increased its holdings in GoDaddy by 191.0% during the 4th quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock valued at $32,000 after purchasing an additional 170 shares during the period. 90.28% of the stock is owned by institutional investors.

Insider Transactions at GoDaddy

In other news, Director Sigal Zarmi sold 350 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $87.84, for a total value of $30,744.00. Following the completion of the transaction, the director owned 5,708 shares of the company’s stock, valued at approximately $501,390.72. This represents a 5.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Amanpal Singh Bhutani sold 8,373 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $89.86, for a total value of $752,397.78. Following the completion of the transaction, the chief executive officer owned 521,747 shares of the company’s stock, valued at approximately $46,884,185.42. The trade was a 1.58% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 16,751 shares of company stock worth $1,480,228 over the last 90 days. 0.93% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

GDDY has been the subject of several research analyst reports. Benchmark dropped their price objective on GoDaddy from $185.00 to $140.00 and set a “buy” rating for the company in a report on Friday. Raymond James Financial cut GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 target price on the stock. in a research note on Friday. Wells Fargo & Company decreased their target price on GoDaddy from $83.00 to $80.00 and set an “equal weight” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft lowered GoDaddy to a “buy” rating in a research note on Friday. Finally, Wedbush reiterated an “outperform” rating on shares of GoDaddy in a report on Tuesday, July 28th. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $111.93.

GoDaddy Price Performance

GDDY stock opened at $82.79 on Monday. GoDaddy Inc. has a 1 year low of $71.59 and a 1 year high of $165.11. The company has a market cap of $10.96 billion, a P/E ratio of 12.28, a PEG ratio of 0.74 and a beta of 0.90. The firm has a 50-day moving average of $86.64 and a 200 day moving average of $88.62. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.67.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. The business had revenue of $1.30 billion during 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% compared to the same quarter last year. During the same period last year, the business posted $1.41 earnings per share. On average, sell-side analysts forecast that GoDaddy Inc. will post 7.18 EPS for the current year.

GoDaddy News Roundup

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy reported second-quarter adjusted earnings of $1.83 per share, above the roughly $1.69–$1.72 consensus range, while revenue rose 6.6% year over year to approximately $1.30 billion, slightly exceeding estimates. GoDaddy Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Growth was supported by rising average revenue per user, strength across both business segments and accelerating adoption of Airo, GoDaddy’s AI-powered product suite. Airo’s annualized recurring revenue reportedly increased fivefold to $50 million, helping drive record margins and free cash flow. GoDaddy Q2 Earnings Call Highlights
• Positive Sentiment: Management forecast third-quarter revenue of $1.315 billion to $1.335 billion and reaffirmed its approximately $1.8 billion full-year free-cash-flow target. Full-year revenue guidance remains $5.2 billion to $5.3 billion. GoDaddy Forecasts Q3 Revenue and Reaffirms Free Cash Flow
• Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reaffirmed a Neutral rating with a $90 target, while Benchmark maintained Buy despite reducing its target to $140. Raymond James cut GoDaddy from Strong Buy to Outperform and set a $100 target, citing limited visibility. Raymond James Analyst Action
• Negative Sentiment: Investors viewed the quarterly outlook as underwhelming relative to expectations, with several reports describing the guidance as weak despite the earnings beat. Concerns also persist that AI could pressure GoDaddy’s traditional website and domain businesses and weigh on future margins. GoDaddy Goes Down After Q2 Results and Outlook
• Negative Sentiment: Bearish trading activity intensified, with put-option volume reaching 11,680 contracts—nearly five times the typical daily level. Separate law-firm investigations into potential securities-law violations added another source of investor uncertainty.

About GoDaddy

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.