GoDaddy Inc. $GDDY Stock Position Trimmed by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lessened its stake in GoDaddy Inc. (NYSE:GDDY - Free Report) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 654,529 shares of the technology company's stock after selling 21,712 shares during the period. Douglas Lane & Associates LLC owned approximately 0.52% of GoDaddy worth $62,514,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Pacer Advisors Inc. lifted its holdings in shares of GoDaddy by 67.0% during the 4th quarter. Pacer Advisors Inc. now owns 1,256,998 shares of the technology company's stock worth $155,968,000 after acquiring an additional 504,374 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in GoDaddy by 79.9% during the first 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. Diamond Hill Capital Management LLC Investment Advisor bought a new stake in GoDaddy during the second quarter worth about $28,938,000. JPMorgan Chase & Co. boosted its holdings in shares of GoDaddy by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company's stock worth $399,089,000 after purchasing an additional 319,515 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of GoDaddy by 27.9% in the 1st quarter. Bank of America Corp DE now owns 1,383,615 shares of the technology company's stock worth $114,383,000 after purchasing an additional 302,126 shares in the last quarter. Institutional investors own 90.28% of the company's stock.

Wall Street Analysts Forecast Growth

GDDY has been the topic of a number of research reports. Weiss Ratings raised GoDaddy from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Robert W. Baird upped their target price on GoDaddy from $110.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday, September 25th. Wedbush decreased their price target on shares of GoDaddy from $109.00 to $93.00 and set an "outperform" rating on the stock in a research note on Monday, August 3rd. Cantor Fitzgerald restated a "neutral" rating and issued a $90.00 price objective on shares of GoDaddy in a report on Friday, July 31st. Finally, Benchmark cut their price objective on shares of GoDaddy from $185.00 to $140.00 and set a "buy" rating for the company in a research note on Friday, July 31st. Ten research 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. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $110.69.

GoDaddy Trading Up 1.5%

GoDaddy stock traded up $1.52 during trading hours on Friday, reaching $104.72. The stock had a trading volume of 603,491 shares, compared to its average volume of 2,291,466. The stock has a market cap of $13.26 billion, a PE ratio of 15.54 and a beta of 0.94. GoDaddy Inc. has a 52 week low of $71.59 and a 52 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 company has a fifty day simple moving average of $96.71 and a 200-day simple moving average of $89.73.

GoDaddy (NYSE:GDDY - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. The firm 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%. The company's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.41 earnings per share. Analysts forecast that GoDaddy Inc. will post 7.23 EPS for the current fiscal year.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: An analyst remains bullish on GoDaddy, citing strong free-cash-flow potential, margin expansion and disciplined AI spending. The company’s Airo AI platform reportedly increased its annualized bookings run rate from $10 million to $50 million in one quarter, although the business is still too small to offset declines in legacy products. GoDaddy: The AI Transition Is Messy, But I'm Still Buying
• Positive Sentiment: Recent post-earnings coverage highlighted GoDaddy’s share-price momentum and evaluated the stock as a potential buy, sell or hold. The prior quarterly report showed adjusted earnings and revenue above consensus, with revenue rising year over year, supporting the constructive investor reaction. GoDaddy Shares Jumping 5.0% Post Q2 Earnings
• Neutral Sentiment: GoDaddy will release its third-quarter 2026 financial results after the market closes on October 29. The announcement gives investors a near-term catalyst, with results likely to clarify customer-acquisition trends, AI monetization and the effect of promotional pricing. GoDaddy to Announce Third-Quarter 2026 Results
• Negative Sentiment: Several law firms are publicizing a securities class action against GoDaddy and certain executives. The complaint alleges the company did not fully disclose customer-acquisition discounting, including a reported $4.99 one-year domain promotion, despite statements that front-end discounting had been turned off. These are allegations, not established findings, but the litigation adds headline, financial and reputational risk. The lead-plaintiff deadline is October 20, 2026. GDDY Securities Class Action Deadline Alert

Insider Buying and Selling at GoDaddy

In related news, Director Sigal Zarmi sold 350 shares of the firm's stock in a transaction 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 sale, the director owned 8,283 shares of the company's stock, valued at $807,095.52. This trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Phontip Palitwanon sold 2,261 shares of GoDaddy stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $91.81, for a total transaction of $207,582.41. Following the completion of the sale, the chief accounting officer owned 17,734 shares in the company, valued at approximately $1,628,158.54. This trade represents a 11.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,358 shares of company stock worth $3,031,831 over the last three months. 0.93% of the stock is owned by corporate insiders.

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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