97,439 Shares of GoDaddy Inc. $GDDY Bought by Counterpoint Mutual Funds LLC

Key Points

• Counterpoint Mutual Funds LLC acquired 97,439 GoDaddy shares during the third quarter, valued at approximately $9.3 million and representing about 0.08% of the company.
• Institutional investors and hedge funds own 90.28% of GoDaddy, with several major firms increasing their positions during the first quarter.
• Analyst sentiment is mixed, with GoDaddy holding a consensus “Hold” rating and an average price target of $110.38. The company recently exceeded quarterly earnings expectations, reporting $1.83 in EPS and $1.30 billion in revenue.

Counterpoint Mutual Funds LLC bought a new stake in GoDaddy Inc. (NYSE:GDDY - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 97,439 shares of the technology company's stock, valued at approximately $9,306,000. Counterpoint Mutual Funds LLC owned approximately 0.08% of GoDaddy at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. WCM Investment Management LLC increased its holdings in shares of GoDaddy by 1.0% during the first quarter. WCM Investment Management LLC now owns 3,314,456 shares of the technology company's stock worth $270,924,000 after buying an additional 33,509 shares in the last quarter. Bank of America Corp DE grew its stake 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 valued at $114,383,000 after purchasing an additional 302,126 shares during the last quarter. Assenagon Asset Management S.A. raised its position in GoDaddy by 79.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 970,543 shares of the technology company's stock worth $80,235,000 after purchasing an additional 431,094 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of GoDaddy by 2.7% during the first quarter. Bank of New York Mellon Corp now owns 754,994 shares of the technology company's stock valued at $62,415,000 after acquiring an additional 19,940 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in GoDaddy by 4.2% in the first quarter. Hsbc Holdings PLC now owns 659,664 shares of the technology company's stock valued at $54,520,000 after acquiring an additional 26,537 shares during the last quarter. 90.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on GDDY shares. Wedbush lowered their target price on shares of GoDaddy from $109.00 to $93.00 and set an "outperform" rating for the company in a report on Monday, August 3rd. Wells Fargo & Company lowered GoDaddy from an "equal weight" rating to an "underweight" rating and reduced their target price for the stock from $80.00 to $76.00 in a report on Wednesday, August 26th. Royal Bank Of Canada downgraded shares of GoDaddy from an "outperform" rating to a "sector perform" rating and set a $95.00 target price on the stock. in a report on Sunday, October 11th. Raymond James Financial cut GoDaddy from a "strong-buy" rating to an "outperform" rating and set a $100.00 price objective for the company. in a research report on Friday, July 31st. Finally, Weiss Ratings raised shares of GoDaddy from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, August 13th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $110.38.

Insider Activity at GoDaddy

In other GoDaddy news, Director Leah Sweet sold 325 shares of the 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 completion of the transaction, the director directly owned 13,689 shares in the company, valued at approximately $1,333,856.16. This trade represents a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sigal Zarmi sold 350 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $34,104.00. Following the completion of the transaction, the director owned 8,283 shares of the company's stock, valued at approximately $807,095.52. This trade represents a 4.05% 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 sold 31,358 shares of company stock valued at $3,031,831. 0.93% of the stock is owned by company insiders.

GoDaddy Price Performance

Shares of NYSE GDDY opened at $105.86 on Friday. The stock has a market capitalization of $13.41 billion, a PE ratio of 15.71 and a beta of 0.94. GoDaddy Inc. has a fifty-two week low of $71.59 and a fifty-two week high of $137.93. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63. The business has a fifty day moving average price of $98.56 and a two-hundred day moving average price of $90.64.

GoDaddy (NYSE:GDDY - Get Free Report) last released its earnings results on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the firm earned $1.41 EPS. The business's quarterly revenue was up 6.6% compared to the same quarter last year. As a group, equities analysts predict that GoDaddy Inc. will post 7.23 earnings per share for the current fiscal year.

More GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy expanded its Developer Platform with APIs for hosting, professional email and commerce. The company says the connected, programmable tools are designed to help developers and AI agents build and move businesses online, potentially increasing platform usage and monetization. GoDaddy Expands Developer Platform
• Neutral Sentiment: Several law firms, including Bronstein Gewirtz & Grossman, Kaplan Fox, Bleichmar Fonti & Auld, Rosen and others, are soliciting investors to seek lead-plaintiff status in a pending class action. Investors who purchased GoDaddy shares between September 3, 2025, and February 24, 2026, face a lead-plaintiff deadline of October 20, 2026. These announcements largely repeat the same litigation notice rather than represent separate confirmed judgments. Kaplan Fox class action announcement
• Negative Sentiment: The lawsuits allege that GoDaddy and certain executives violated federal securities laws and failed to disclose information related to an alleged $4.99 one-year domain promotion. The firms claim the disclosures—or lack thereof—contributed to a significant stock decline and may have harmed shareholders. The allegations have not been proven, but continued legal notices can weigh on sentiment and raise uncertainty over potential costs, damages and management attention. GoDaddy securities fraud class action announcement

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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