PFA Pension Forsikringsaktieselskab Invests $41.38 Million in GoDaddy Inc. $GDDY

Key Points

• PFA Pension Forsikringsaktieselskab opened a new Q4 stake in GoDaddy, buying 328,182 shares worth approximately $41.38 million, equal to about 0.24% of the company.
• GoDaddy beat Q1 expectations (EPS $1.60 vs. $1.53; revenue $1.27B vs. $1.26B) and said faster monetization of its Airo AI platform raised ARPU and supported upbeat guidance, prompting a positive market reaction.
• Institutional ownership is high (about 90.3%), but insiders have been net sellers recently (61,918 shares sold in the last 90 days, including CEO Amanpal Bhutani), while analyst ratings and price targets remain mixed.

PFA Pension Forsikringsaktieselskab purchased a new position in shares of GoDaddy Inc. (NYSE:GDDY - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 328,182 shares of the technology company's stock, valued at approximately $41,377,000. PFA Pension Forsikringsaktieselskab owned about 0.24% of GoDaddy at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of GoDaddy by 0.8% during the third quarter. Vanguard Group Inc. now owns 18,912,182 shares of the technology company's stock worth $2,587,754,000 after purchasing an additional 150,045 shares during the last quarter. WCM Investment Management LLC grew its holdings in shares of GoDaddy by 1.8% during the third quarter. WCM Investment Management LLC now owns 3,736,821 shares of the technology company's stock worth $529,395,000 after purchasing an additional 66,144 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of GoDaddy by 47.0% during the third quarter. Ameriprise Financial Inc. now owns 3,532,548 shares of the technology company's stock worth $483,360,000 after purchasing an additional 1,128,646 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of GoDaddy by 1.9% during the third quarter. JPMorgan Chase & Co. now owns 2,896,867 shares of the technology company's stock worth $396,378,000 after purchasing an additional 53,811 shares during the last quarter. Finally, Two Sigma Investments LP boosted its holdings in GoDaddy by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,631,100 shares of the technology company's stock valued at $223,183,000 after acquiring an additional 814,360 shares during the last quarter. 90.28% of the stock is currently owned by institutional investors.

GoDaddy Stock Performance

Shares of GDDY stock opened at $86.82 on Friday. The business's 50 day simple moving average is $84.84 and its 200 day simple moving average is $106.85. GoDaddy Inc. has a one year low of $73.06 and a one year high of $190.50. The stock has a market capitalization of $11.58 billion, a PE ratio of 13.74, a PEG ratio of 0.80 and a beta of 0.92. The company has a debt-to-equity ratio of 17.50, a current ratio of 0.61 and a quick ratio of 0.61.

GoDaddy (NYSE:GDDY - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.53 by $0.07. The firm had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $1.26 billion. GoDaddy had a return on equity of 366.98% and a net margin of 17.32%.The company's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.51 EPS. As a group, research analysts forecast that GoDaddy Inc. will post 7.01 earnings per share for the current year.

Insiders Place Their Bets

In other GoDaddy news, CEO Amanpal Singh Bhutani sold 34,148 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $88.99, for a total transaction of $3,038,830.52. Following the transaction, the chief executive officer directly owned 530,120 shares in the company, valued at approximately $47,175,378.80. This represents a 6.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Phontip Palitwanon sold 1,310 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer owned 20,349 shares in the company, valued at $1,834,462.35. The trade was a 6.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 61,918 shares of company stock valued at $5,500,469 over the last 90 days. 0.70% of the stock is currently owned by corporate insiders.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q1 beat on both EPS and revenue, showing execution strength (EPS $1.60 vs. est. $1.53; revenue $1.27B vs. est. $1.26B) — confirms underlying growth and drove the initial rally. Zacks: Beats Q1 Earnings
• Positive Sentiment: AI platform (Airo) is accelerating monetization — ARPU rose ~9.3% y/y to $246 and management cited faster monetization, supporting better margins and cash generation. This is the main structural growth argument for the stock. Zacks: Airo Execution
• Positive Sentiment: Management/guidance tone is constructive: company forecasted quarterly revenue above estimates and issued FY revenue range roughly in line with consensus, reinforcing the AI-led growth narrative. Reuters: Forecasts Revenue Above Estimates
• Positive Sentiment: Market reaction: coverage and commentaries note a share-price pop after the print, reflecting investor enthusiasm around AI product traction and improving unit economics. Blockonomi: Stock Surges
• Neutral Sentiment: Press release and investor materials (slides, prepared remarks) are available for deeper reads on segment performance, cash flow and capital allocation—useful for modeling next quarters. PR Newswire: Q1 Results
• Neutral Sentiment: Some outlets characterize revenue as essentially in-line with expectations despite the beat—investors should focus on margin/ARPU trends and guidance cadence rather than headline revenue only. Yahoo Finance: Revenue In Line
• Negative Sentiment: JPMorgan trimmed its price target from $167 to $154 (while keeping an Overweight rating), which reduces some upside expectations and may cap near-term analyst-driven flows. TickerReport/Benzinga: JPMorgan Lowers PT

Analyst Upgrades and Downgrades

Several analysts recently commented on GDDY shares. Jefferies Financial Group reduced their target price on GoDaddy from $140.00 to $100.00 and set a "hold" rating on the stock in a report on Monday, February 23rd. Piper Sandler started coverage on GoDaddy in a report on Thursday, March 12th. They issued a "neutral" rating and a $93.00 target price on the stock. Morgan Stanley reduced their target price on GoDaddy from $159.00 to $145.00 and set an "equal weight" rating on the stock in a report on Thursday, January 15th. Citigroup reduced their target price on GoDaddy from $195.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Finally, Raymond James Financial reiterated a "strong-buy" rating and issued a $100.00 target price on shares of GoDaddy in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $120.93.

GoDaddy Profile

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.

Want to see what other hedge funds are holding GDDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GoDaddy Inc. (NYSE:GDDY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.