GoDaddy Inc. (NYSE:GDDY – Get Free Report) CFO Mark McCaffrey sold 5,873 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $100.91, for a total transaction of $592,644.43. Following the transaction, the chief financial officer directly owned 99,855 shares in the company, valued at $10,076,368.05. The trade was a 5.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 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.
Mark Mccaffrey also recently made the following trade(s):
- On Monday, June 8th, Mark McCaffrey sold 3,500 shares of GoDaddy stock. The shares were sold at an average price of $82.92, for a total transaction of $290,220.00.
GoDaddy Stock Performance
NYSE GDDY opened at $103.57 on Friday. The firm has a market cap of $13.12 billion, a P/E ratio of 15.37, a P/E/G ratio of 0.91 and a beta of 0.94. GoDaddy Inc. has a 52-week low of $71.59 and a 52-week high of $150.47. The business’s 50-day moving average price is $93.21 and its 200 day moving average price is $87.82. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10.
GoDaddy News Roundup
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
Analysts Set New Price Targets
Several equities research analysts recently weighed in on GDDY shares. Wells Fargo & Company downgraded GoDaddy from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $80.00 to $76.00 in a report on Wednesday, August 26th. Raymond James Financial cut shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective on the stock. in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft downgraded shares of GoDaddy to a “buy” rating in a research report on Friday, July 31st. Piper Sandler restated a “neutral” rating and issued a $95.00 target price (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. Finally, B. Riley Financial dropped their price target on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $110.07.
View Our Latest Research Report on GDDY
Institutional Investors Weigh In On GoDaddy
Several institutional investors have recently modified their holdings of the company. Coldstream Capital Management Inc. grew its holdings in shares of GoDaddy by 4.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,887 shares of the technology company’s stock worth $258,000 after acquiring an additional 86 shares during the period. Main Street Financial Solutions LLC raised its holdings in GoDaddy by 1.0% during the second quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company’s stock worth $2,185,000 after purchasing an additional 119 shares during the last quarter. Lido Advisors LLC raised its holdings in GoDaddy by 6.2% during the fourth quarter. Lido Advisors LLC now owns 2,083 shares of the technology company’s stock worth $283,000 after purchasing an additional 121 shares during the last quarter. Vontobel Holding Ltd. boosted its position in GoDaddy by 2.0% during the fourth quarter. Vontobel Holding Ltd. now owns 6,859 shares of the technology company’s stock worth $851,000 after purchasing an additional 134 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in GoDaddy by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 4,318 shares of the technology company’s stock worth $357,000 after purchasing an additional 147 shares in the last quarter. Hedge funds and other institutional investors own 90.28% of the company’s stock.
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.
Read More
- Five stocks we like better than GoDaddy
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Receive News & Ratings for GoDaddy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy and related companies with MarketBeat.com's FREE daily email newsletter.
