Livforsakringsbolaget Skandia Omsesidigt Purchases New Holdings in GoDaddy Inc. $GDDY

Livforsakringsbolaget Skandia Omsesidigt acquired a new position in GoDaddy Inc. (NYSE:GDDY) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 66,300 shares of the technology company’s stock, valued at approximately $5,626,000.

Other institutional investors have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio bought a new stake in GoDaddy in the second quarter worth about $3,188,000. Globeflex Capital L P bought a new position in shares of GoDaddy during the second quarter valued at approximately $331,000. Plato Investment Management Ltd purchased a new stake in shares of GoDaddy in the second quarter worth approximately $1,693,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in shares of GoDaddy in the second quarter worth approximately $28,938,000. Finally, Trust Asset Management LLC bought a new stake in shares of GoDaddy during the 2nd quarter worth approximately $127,000. Institutional investors own 90.28% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Amanpal Singh Bhutani sold 4,500 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $83.15, for a total transaction of $374,175.00. Following the sale, the chief executive officer owned 517,247 shares in the company, valued at approximately $43,009,088.05. The trade was a 0.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark Mccaffrey sold 3,500 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $82.92, for a total transaction of $290,220.00. Following the completion of the transaction, the chief financial officer directly owned 105,728 shares of the company’s stock, valued at $8,766,965.76. The trade was a 3.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 23,484 shares of company stock worth $2,059,489 in the last three months. Insiders own 0.93% of the company’s stock.

GoDaddy Trading Up 0.8%

GDDY opened at $97.76 on Friday. The firm has a market cap of $12.38 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 0.87 and a beta of 0.90. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10. GoDaddy Inc. has a 12 month low of $71.59 and a 12 month high of $150.47. The stock has a fifty day moving average price of $91.38 and a 200-day moving average price of $87.61.

GoDaddy (NYSE:GDDY) last announced its earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.14. The company had revenue of $1.30 billion during 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 was up 6.6% compared to the same quarter last year. During the same period last year, the firm earned $1.41 earnings per share. As a group, equities research analysts anticipate that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on GDDY shares. Citigroup cut their price objective on GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. JPMorgan Chase & Co. decreased their target price on GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lowered shares of GoDaddy to a “buy” rating in a research note on Friday, July 31st. B. Riley Financial cut their price target on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $90.00 price target on shares of GoDaddy in a research note on Friday, July 31st. Nine 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 data from MarketBeat.com, GoDaddy presently has a consensus rating of “Hold” and an average target price of $110.07.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Neutral Sentiment: A Zacks industry outlook highlighted GoDaddy alongside other internet-delivery companies that could benefit from rising smartphone and internet penetration. However, the article provided no new company-specific earnings, guidance, or product information likely to materially change valuation. Zacks Industry Outlook
• Negative Sentiment: Multiple law firms, including Kaplan Fox, Robbins LLP, Rosen Law Firm, Bronstein Gewirtz & Grossman, and others, announced or promoted an existing securities class action against GoDaddy and certain executives. Investors who seek to serve as lead plaintiff generally face an October 20, 2026 deadline. The volume of announcements increases visibility around the litigation and may pressure sentiment. Kaplan Fox class action notice
• Negative Sentiment: The lawsuits reportedly focus on claims that GoDaddy misled investors, including allegations related to an undisclosed $4.99 one-year domain promotion. A law firm notice cited a sharp decline from $92.30 on February 24, 2026, to $79.12 in the following session, which plaintiffs may use to support alleged investor losses. Potential legal costs, damages, and management distraction represent additional risks, although the ultimate financial impact remains uncertain. SueWallSt investor notice

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.