CWA Asset Management Group LLC Buys 32,308 Shares of GoDaddy Inc. $GDDY

Key Points

• CWA Asset Management Group acquired 32,308 GoDaddy shares worth approximately $3.1 million in the third quarter. Institutional investors and hedge funds collectively own 90.28% of the company.
• GoDaddy insiders sold 31,358 shares valued at about $3.0 million over the past 90 days, including CEO Amanpal Bhutani’s 8,194-share sale under a pre-arranged Rule 10b5-1 plan to cover tax obligations.
• Analyst sentiment is mixed, with GoDaddy receiving an average “Hold” rating and a $111 price target. The company recently beat quarterly earnings expectations, reporting $1.83 EPS and $1.30 billion in revenue, up 6.6% year over year.

CWA Asset Management Group LLC bought a new position in shares of GoDaddy Inc. (NYSE:GDDY - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 32,308 shares of the technology company's stock, valued at approximately $3,086,000.

Other hedge funds have also modified their holdings of the company. Renaissance Technologies LLC boosted its position in GoDaddy by 27.0% during the first quarter. Renaissance Technologies LLC now owns 553,300 shares of the technology company's stock worth $45,741,000 after acquiring an additional 117,800 shares during the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in GoDaddy during the 2nd quarter valued at about $28,938,000. Swiss National Bank grew its stake in GoDaddy by 4.5% during the 1st quarter. Swiss National Bank now owns 396,500 shares of the technology company's stock valued at $32,779,000 after acquiring an additional 17,100 shares in the last quarter. OP Asset Management Ltd purchased a new stake in GoDaddy during the 1st quarter valued at about $1,181,000. Finally, Counterpoint Mutual Funds LLC purchased a new stake in GoDaddy during the 3rd quarter valued at about $9,306,000. 90.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at GoDaddy

In related news, CEO Amanpal Bhutani sold 8,194 shares of the company's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total value of $829,150.86. Following the transaction, the chief executive officer directly owned 504,553 shares in the company, valued at approximately $51,055,718.07. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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. Also, Director Sigal Zarmi sold 350 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total value of $34,104.00. Following the completion of the transaction, the director owned 8,283 shares of the company's stock, valued at $807,095.52. The trade was a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 31,358 shares of company stock valued at $3,031,831 in the last ninety days. 0.93% of the stock is currently owned by corporate insiders.

Trending Headlines about GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Neutral Sentiment: Analyst target raised, but rating remains neutral. Cantor Fitzgerald increased its price target from $90 to $100 while maintaining a “neutral” rating. The revised target remains below the stock’s recent trading level, suggesting limited near-term upside in the analyst’s view. Cantor Fitzgerald analyst update
• Neutral Sentiment: Leadership commentary provides little direct financial impact. GoDaddy CEO Aman Bhutani discussed career advice he received from Uber CEO Dara Khosrowshahi regarding speaking up and gaining advertising experience. The comments do not change GoDaddy’s earnings outlook or fundamentals. Leadership advice article
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action against GoDaddy. The complaints generally allege that GoDaddy misrepresented its customer-acquisition and go-to-market strategy, including disclosure of a $4.99 one-year domain promotion. The alleged disclosure issues reportedly contributed to a prior 14.28% share-price decline, followed by analyst downgrades and price-target cuts. The allegations have not been proven, but the litigation creates legal costs, reputational risk and potential financial liability. GoDaddy securities-fraud lawsuit alert
• Negative Sentiment: Investors faced a lead-plaintiff deadline on October 20. Rosen, Pomerantz, Bronstein Gewirtz & Grossman and other firms urged shareholders who purchased GoDaddy shares between September 3, 2025, and February 24, 2026, to seek lead-plaintiff status. The repeated announcements reinforce investor concerns surrounding the company, although they do not represent new operating developments. Pomerantz investor alert

Wall Street Analysts Forecast Growth

A number of analysts have commented on GDDY shares. Deutsche Bank Aktiengesellschaft downgraded shares of GoDaddy to a "buy" rating in a report on Friday, July 31st. Benchmark lowered their target price on GoDaddy from $185.00 to $140.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Robert W. Baird boosted their target price on GoDaddy from $110.00 to $120.00 and gave the stock an "outperform" rating in a report on Friday, September 25th. Royal Bank Of Canada lowered GoDaddy from an "outperform" rating to a "sector perform" rating and set a $95.00 price target for the company. in a research report on Sunday, October 11th. Finally, William Blair lowered GoDaddy from an "outperform" rating to a "market perform" rating in a research report on Friday, July 31st. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, GoDaddy has an average rating of "Hold" and an average price target of $111.00.

GoDaddy Stock Performance

NYSE:GDDY opened at $108.83 on Wednesday. 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 firm has a market capitalization of $13.78 billion, a price-to-earnings ratio of 16.15 and a beta of 0.94. The company's 50-day moving average is $99.23 and its two-hundred day moving average is $91.06. GoDaddy Inc. has a 1-year low of $71.59 and a 1-year high of $137.93.

GoDaddy (NYSE:GDDY - Get Free Report) last posted its quarterly 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 business had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.29 billion. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The business's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.41 EPS. Analysts forecast that GoDaddy Inc. will post 7.23 EPS for the current year.

GoDaddy Profile

GoDaddy Inc NYSE: GDDY is a global technology company that provides online tools and services to entrepreneurs, small businesses and individuals. Its platform helps customers establish, manage and grow an online presence, with offerings that include domain-name registration, website hosting, website and online-store builders, professional email and digital marketing tools.

The company also provides services designed to support commerce and customer engagement, including e-commerce functionality, online appointment scheduling, payments and other business-management capabilities.

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