GoDaddy (NYSE:GDDY) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of GoDaddy Inc. (NYSE:GDDY). In a filing disclosed on June 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in GoDaddy stock on May 28th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

GoDaddy Stock Down 0.3%

GDDY stock traded down $0.46 during mid-day trading on Monday, hitting $168.26. The stock had a trading volume of 1,242,954 shares, compared to its average volume of 1,343,793. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 18.91. GoDaddy Inc. has a 1-year low of $140.11 and a 1-year high of $216.00. The company has a fifty day moving average of $178.96 and a 200 day moving average of $183.61. The stock has a market capitalization of $23.98 billion, a price-to-earnings ratio of 32.36 and a beta of 1.05.

GoDaddy (NYSE:GDDY - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The technology company reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.08). GoDaddy had a return on equity of 211.09% and a net margin of 16.20%. The company had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter in the previous year, the business earned $2.76 EPS. The company's revenue for the quarter was up 8.6% on a year-over-year basis. On average, equities analysts expect that GoDaddy Inc. will post 6.63 EPS for the current fiscal year.

Institutional Investors Weigh In On GoDaddy

A number of hedge funds have recently added to or reduced their stakes in GDDY. WCM Investment Management LLC boosted its stake in shares of GoDaddy by 7,083.4% during the 4th quarter. WCM Investment Management LLC now owns 3,404,066 shares of the technology company's stock valued at $678,941,000 after purchasing an additional 3,356,678 shares in the last quarter. Norges Bank bought a new stake in GoDaddy during the 4th quarter valued at about $356,038,000. Goldman Sachs Group Inc. lifted its position in GoDaddy by 257.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,236,850 shares of the technology company's stock valued at $402,946,000 after acquiring an additional 1,610,890 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in GoDaddy by 1,412.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,347,434 shares of the technology company's stock valued at $242,727,000 after acquiring an additional 1,258,324 shares during the period. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of GoDaddy by 107.8% in the 4th quarter. Canada Pension Plan Investment Board now owns 1,386,137 shares of the technology company's stock valued at $273,582,000 after buying an additional 719,000 shares during the period. 90.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Jefferies Financial Group reduced their target price on GoDaddy from $200.00 to $185.00 and set a "hold" rating for the company in a report on Monday, April 7th. JPMorgan Chase & Co. raised their price objective on shares of GoDaddy from $231.00 to $240.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $225.00 price objective on shares of GoDaddy in a research report on Monday, June 23rd. Citigroup reduced their target price on GoDaddy from $260.00 to $234.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Finally, Benchmark reissued a "buy" rating on shares of GoDaddy in a research report on Monday, April 28th. Seven equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, GoDaddy has an average rating of "Moderate Buy" and a consensus target price of $214.86.

Insiders Place Their Bets

In related news, CFO Mark Mccaffrey sold 37,500 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $180.95, for a total value of $6,785,625.00. Following the sale, the chief financial officer directly owned 77,250 shares in the company, valued at $13,978,387.50. This represents a 32.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $179.81, for a total value of $1,246,442.92. Following the completion of the sale, the chief executive officer directly owned 431,015 shares of the company's stock, valued at $77,500,807.15. The trade was a 1.58% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 67,757 shares of company stock valued at $12,243,920. 0.61% of the stock is owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

GoDaddy Company Profile

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.

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