Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of GoDaddy Inc. (NYSE:GDDY)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of GoDaddy Inc. (NYSE:GDDY). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in GoDaddy stock on February 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

GoDaddy Trading Up 3.6%

Shares of GDDY stock traded up $2.99 during trading hours on Tuesday, hitting $85.09. 1,838,654 shares of the company were exchanged, compared to its average volume of 2,896,839. GoDaddy Inc. has a fifty-two week low of $73.06 and a fifty-two week high of $193.55. The company has a debt-to-equity ratio of 17.50, a quick ratio of 0.61 and a current ratio of 0.61. The firm has a market cap of $11.35 billion, a P/E ratio of 13.66, a P/E/G ratio of 0.73 and a beta of 0.96. The company has a 50 day simple moving average of $96.03 and a two-hundred day simple moving average of $119.72.

GoDaddy (NYSE:GDDY) last announced its earnings results on Tuesday, February 24th. The technology company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.22. GoDaddy had a return on equity of 369.00% and a net margin of 17.67%.The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the firm earned $1.36 earnings per share. GoDaddy’s quarterly revenue was up 6.8% on a year-over-year basis. Equities analysts anticipate that GoDaddy Inc. will post 6.63 EPS for the current year.

Institutional Trading of GoDaddy

Several large investors have recently added to or reduced their stakes in GDDY. American Century Companies Inc. raised its stake in GoDaddy by 130.5% in the third quarter. American Century Companies Inc. now owns 151,432 shares of the technology company’s stock worth $20,720,000 after buying an additional 85,733 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in GoDaddy by 14.0% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 86,648 shares of the technology company’s stock valued at $15,602,000 after buying an additional 10,631 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in GoDaddy during the 3rd quarter valued at about $30,575,000. GDS Wealth Management raised its stake in GoDaddy by 16.3% in the second quarter. GDS Wealth Management now owns 59,940 shares of the technology company’s stock valued at $10,793,000 after buying an additional 8,388 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in GoDaddy in the second quarter worth about $15,659,000. 90.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Phontip Palitwanon sold 1,310 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $90.15, for a total value of $118,096.50. Following the completion of the transaction, the chief accounting officer owned 20,349 shares in the company, valued at $1,834,462.35. This trade represents a 6.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Leah Sweet sold 650 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $86.86, for a total value of $56,459.00. Following the sale, the director owned 11,414 shares in the company, valued at approximately $991,420.04. The trade was a 5.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 61,918 shares of company stock worth $5,500,469 over the last ninety days. Insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

GDDY has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price target on GoDaddy from $145.00 to $77.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 25th. Raymond James Financial restated a “strong-buy” rating and issued a $100.00 price objective on shares of GoDaddy in a report on Wednesday, February 25th. Citigroup cut their target price on shares of GoDaddy from $195.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Barclays reduced their price target on shares of GoDaddy from $200.00 to $118.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Finally, Morgan Stanley decreased their price target on shares of GoDaddy from $159.00 to $145.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, GoDaddy has a consensus rating of “Moderate Buy” and a consensus target price of $125.57.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.