Amanpal Singh Bhutani Sells 8,194 Shares of GoDaddy (NYSE:GDDY) Stock

Key Points

• GoDaddy CEO Amanpal Bhutani sold 8,194 shares for approximately $829,151 under a pre-arranged Rule 10b5-1 plan, primarily to cover tax obligations from vested equity awards. He retained 504,553 shares after the transaction.
• GoDaddy’s shares traded at $103.57, while the company’s latest quarterly results exceeded expectations with earnings of $1.83 per share and revenue of $1.30 billion. Analysts have a consensus “Hold” rating and an average price target of $110.07.
• The company faces a proposed securities-fraud class action alleging inadequate disclosure about the effects of a discounted domain promotion; the allegations remain unproven and could create legal costs and valuation pressure.

GoDaddy Inc. (NYSE:GDDY - Get Free Report) CEO Amanpal Bhutani sold 8,194 shares of the firm'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 transaction of $829,150.86. Following the completion of the sale, the chief executive officer owned 504,553 shares in the company, valued at $51,055,718.07. This represents a 1.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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.

Amanpal Singh Bhutani also recently made the following trade(s):

• On Tuesday, September 1st, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The stock was sold at an average price of $97.44, for a total value of $438,480.00.
• On Monday, August 3rd, Amanpal Bhutani sold 4,500 shares of GoDaddy stock. The shares were sold at an average price of $83.15, for a total value of $374,175.00.

GoDaddy Stock Performance

GDDY stock traded up $1.70 during trading on Thursday, reaching $103.57. The stock had a trading volume of 1,895,762 shares, compared to its average volume of 1,805,950. The firm has a market cap of $13.12 billion, a PE ratio of 15.37, a PEG ratio of 0.91 and a beta of 0.94. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10. The stock's 50 day moving average is $93.21 and its two-hundred day moving average is $87.82. GoDaddy Inc. has a 52 week low of $71.59 and a 52 week high of $150.47.

GoDaddy (NYSE:GDDY - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, beating 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 firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the firm earned $1.41 EPS. The business's revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, equities analysts anticipate that GoDaddy Inc. will post 7.21 earnings per share for the current year.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Analysts’ average price target of approximately $110.07 implies further upside from recent trading levels. GoDaddy also recently exceeded quarterly earnings and revenue expectations, providing a fundamental counterweight to the legal concerns. GoDaddy Analyst Price Target
• Neutral Sentiment: Multiple investor-rights firms are publicizing the same securities class action and the October 20, 2026 deadline for investors to seek lead-plaintiff status. The repeated announcements primarily increase awareness of existing litigation rather than represent a new operating development. Kaplan Fox GoDaddy Class Action Deadline
• Negative Sentiment: GoDaddy faces a proposed securities-fraud class action covering investors who purchased shares between September 3, 2025, and February 24, 2026. The complaint alleges that the company and certain executives failed to disclose the impact of a $4.99 one-year domain promotion, which allegedly encouraged short-term, lower-value contracts and pressured upfront bookings, despite statements that discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
• Negative Sentiment: Law firms say the alleged disclosure issues preceded an approximately 14% stock decline. Continued litigation could create legal expenses, management distraction, settlement risk and additional pressure on GoDaddy’s valuation. GoDaddy Securities Fraud Lawsuit
• Negative Sentiment: A GoDaddy director sold 325 shares under a pre-arranged Rule 10b5-1 trading plan. The relatively small, scheduled transaction is unlikely to materially affect valuation but may add modest caution among investors. GoDaddy Director Stock Sale

Wall Street Analysts Forecast Growth

GDDY has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut GoDaddy to a "buy" rating in a research report on Friday, July 31st. Raymond James Financial cut shares of GoDaddy from a "strong-buy" rating to an "outperform" rating and set a $100.00 target price on the stock. in a research note on Friday, July 31st. Piper Sandler reiterated a "neutral" rating and issued a $95.00 price target (up from $93.00) on shares of GoDaddy in a research report on Friday, July 31st. Wells Fargo & Company lowered GoDaddy from an "equal weight" rating to an "underweight" rating and cut their price target for the stock from $80.00 to $76.00 in a research note on Wednesday, August 26th. Finally, B. Riley Financial decreased their price target on GoDaddy from $190.00 to $170.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Nine equities 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. According to data from MarketBeat, GoDaddy currently has an average rating of "Hold" and a consensus price target of $110.07.

Institutional Trading of GoDaddy

Hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System lifted its position in shares of GoDaddy by 6,098.5% in the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company's stock worth $1,108,733,000 after buying an additional 12,851,619 shares in the last quarter. Norges Bank purchased a new position in GoDaddy during the 4th quarter valued at approximately $250,020,000. AQR Capital Management LLC increased its stake in GoDaddy by 117.5% in the 4th quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company's stock worth $370,991,000 after acquiring an additional 1,615,005 shares during the last quarter. Two Sigma Investments LP raised its holdings in shares of GoDaddy by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,631,100 shares of the technology company's stock worth $223,183,000 after acquiring an additional 814,360 shares in the last quarter. Finally, Swedbank AB raised its holdings in shares of GoDaddy by 433.9% during the 4th quarter. Swedbank AB now owns 645,754 shares of the technology company's stock worth $80,125,000 after acquiring an additional 524,811 shares in the last quarter. Hedge funds and other institutional investors own 90.28% of the company's stock.

About GoDaddy

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.

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