Wellington Management Group LLP Has $2.52 Million Position in GoDaddy Inc. $GDDY

Key Points

• Wellington Management sharply reduced its GoDaddy position by 86.5% in the second quarter, selling 190,680 shares and retaining 29,685 shares worth approximately $2.52 million. Institutional investors and hedge funds collectively own 90.28% of the stock.
• GoDaddy’s latest quarterly results exceeded expectations, with earnings of $1.83 per share versus the $1.69 consensus estimate and revenue of $1.30 billion, up 6.6% year over year. The stock opened at $96.30, while analysts’ average rating was “Hold” with a $110.07 target price.
• Investor-rights firms have publicized a securities class action alleging misleading disclosures about GoDaddy’s go-to-market strategy, promotions and customer and AI-related trends. The allegations remain unproven, and investors have until October 20, 2026, to seek lead-plaintiff status.

Wellington Management Group LLP cut its position in GoDaddy Inc. (NYSE:GDDY - Free Report) by 86.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,685 shares of the technology company's stock after selling 190,680 shares during the quarter. Wellington Management Group LLP's holdings in GoDaddy were worth $2,520,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. grew its holdings in shares of GoDaddy by 145.6% during the third quarter. Brown Brothers Harriman & Co. now owns 253 shares of the technology company's stock worth $35,000 after purchasing an additional 150 shares during the last quarter. Harbour Investments Inc. raised its holdings in GoDaddy by 191.0% in the 4th quarter. Harbour Investments Inc. now owns 259 shares of the technology company's stock valued at $32,000 after buying an additional 170 shares during the last quarter. Entrust Financial LLC acquired a new stake in GoDaddy during the 4th quarter worth approximately $35,000. International Assets Investment Management LLC boosted its position in GoDaddy by 93.8% during the 1st quarter. International Assets Investment Management LLC now owns 372 shares of the technology company's stock worth $30,000 after buying an additional 180 shares during the period. Finally, Acuitas Investments LLC bought a new stake in GoDaddy during the 1st quarter worth approximately $33,000. 90.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on GDDY shares. Citigroup decreased their price target on shares of GoDaddy from $110.00 to $105.00 and set a "buy" rating for the company in a research report on Monday, August 3rd. Benchmark cut their price target on shares of GoDaddy from $185.00 to $140.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Wedbush decreased their price objective on GoDaddy from $109.00 to $93.00 and set an "outperform" rating for the company in a report on Monday, August 3rd. JPMorgan Chase & Co. decreased their price objective on GoDaddy from $154.00 to $124.00 and set an "overweight" rating for the company in a report on Thursday, June 18th. Finally, B. Riley Financial lowered their target price on GoDaddy from $190.00 to $170.00 and set a "buy" rating for the company in a research report on Friday, July 31st. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $110.07.

Key Headlines Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy continues to receive favorable momentum-oriented coverage. Zacks characterized GDDY as a strong long-term momentum stock, which may support investor interest alongside the company’s recent earnings performance. Zacks momentum stock article
• Neutral Sentiment: GoDaddy presented at the Goldman Sachs Communacopia + Technology Conference. The transcript may provide additional context on strategy, customer trends, artificial-intelligence initiatives and growth expectations, but the supplied news does not identify a specific new catalyst. Goldman Sachs conference transcript
• Negative Sentiment: Multiple investor-rights firms—including Rosen, Kaplan Fox, Bronstein Gewirtz & Grossman, Bernstein Liebhard, Pomerantz and others—publicized a securities class action against GoDaddy and certain executives. The notices repeat an October 20, 2026 deadline for investors to seek lead-plaintiff status. Rosen class action notice
• Negative Sentiment: The lawsuit covers investors who purchased GoDaddy securities from September 3, 2025, through February 24, 2026. Allegations reportedly involve material misstatements or omissions concerning GoDaddy’s go-to-market strategy, including an allegedly undisclosed $4.99 one-year domain promotion and claims that “high-intent” customer, AI-platform and bookings trends were presented too favorably. The allegations have not been proven, but the litigation could create legal costs, reputational risk and management distraction. GoDaddy shareholder alert

GoDaddy Stock Up 2.9%

Shares of NYSE GDDY opened at $96.30 on Friday. The company's 50 day moving average price is $94.32 and its 200-day moving average price is $88.07. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63. GoDaddy Inc. has a 52-week low of $71.59 and a 52-week high of $149.35. The company has a market capitalization of $12.20 billion, a P/E ratio of 14.29, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94.

GoDaddy (NYSE:GDDY - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, topping 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 company had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.29 billion. During the same period in the prior year, the company posted $1.41 earnings per share. GoDaddy's revenue for the quarter was up 6.6% compared to the same quarter last year. Equities analysts forecast that GoDaddy Inc. will post 7.21 earnings per share for the current year.

Insider Buying and Selling 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 transaction of $31,668.00. Following the completion of the sale, 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 position. The sale 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. Also, Director Sigal Zarmi sold 350 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 $34,104.00. Following the sale, the director owned 8,283 shares of the company's stock, valued at approximately $807,095.52. The trade was a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 26,858 shares of company stock valued at $2,593,081. 0.93% of the stock is owned by corporate insiders.

About GoDaddy

GoDaddy Inc NYSE: GDDY is a technology company that provides online tools and services for entrepreneurs, small businesses and individuals. Its offerings are designed to help customers establish, manage and grow an online presence, including domain-name registration, domain search and management, website hosting, professional email and online security services.

The company also provides website-building and commerce solutions that support online stores, appointment scheduling, digital marketing, search-engine optimization, social media management and payment acceptance.

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