Phontip Palitwanon Sells 530 Shares of GoDaddy (NYSE:GDDY) Stock

Key Points

• GoDaddy’s chief accounting officer sold 530 shares for approximately $53,631 at an average price of $101.19, reducing her holdings by 2.99%; the sale covered tax obligations from vested equity awards.
• GDDY shares traded at $103.57, while the company’s latest quarterly results exceeded expectations, with $1.83 in EPS and $1.30 billion in revenue. Analysts have an average “Hold” rating and a price target of $110.07.
• GoDaddy faces a proposed securities-fraud class action alleging inadequate disclosure about a discounted domain promotion; the unproven claims could create legal costs and valuation pressure.

GoDaddy Inc. (NYSE:GDDY - Get Free Report) CAO Phontip Palitwanon sold 530 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 $53,630.70. Following the sale, the chief accounting officer directly owned 17,204 shares of the company's stock, valued at approximately $1,740,872.76. The trade was a 2.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Phontip Palitwanon also recently made the following trade(s):

• On Tuesday, August 11th, Phontip Palitwanon sold 2,261 shares of GoDaddy stock. The stock was sold at an average price of $91.81, for a total value of $207,582.41.

GoDaddy Price Performance

GDDY stock traded up $1.70 during midday trading on Thursday, reaching $103.57. 1,895,762 shares of the company's stock traded hands, compared to its average volume of 1,805,950. The company has a 50-day simple moving average of $93.21 and a two-hundred day simple moving average of $87.82. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10. GoDaddy Inc. has a 1-year low of $71.59 and a 1-year high of $150.47. The company has a market cap of $13.12 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 0.91 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 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.14. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The business's revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.41 earnings per share. On average, analysts anticipate that GoDaddy Inc. will post 7.21 earnings per share for the current year.

Key Headlines 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

Analysts Set New Price Targets

GDDY has been the subject of several research reports. B. Riley Financial lowered their price objective on shares of GoDaddy from $190.00 to $170.00 and set a "buy" rating for the company in a research report on Friday, July 31st. Cantor Fitzgerald reiterated a "neutral" rating and set a $90.00 target price on shares of GoDaddy 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 price target on the stock. in a research note on Friday, July 31st. Wedbush lowered their price target on shares of GoDaddy from $109.00 to $93.00 and set an "outperform" rating for the company in a report on Monday, August 3rd. Finally, Piper Sandler restated a "neutral" rating and issued a $95.00 price objective (up from $93.00) on shares of GoDaddy in a research report on Friday, July 31st. Nine investment 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. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $110.07.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GDDY. Coldstream Capital Management Inc. grew its position in shares of GoDaddy by 4.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,887 shares of the technology company's stock worth $258,000 after buying an additional 86 shares during the period. Main Street Financial Solutions LLC boosted its stake in GoDaddy by 1.0% in the second quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company's stock valued at $2,185,000 after acquiring an additional 119 shares during the last quarter. Lido Advisors LLC boosted its stake in GoDaddy by 6.2% in the fourth quarter. Lido Advisors LLC now owns 2,083 shares of the technology company's stock valued at $283,000 after acquiring an additional 121 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in GoDaddy by 2.0% during the 4th quarter. Vontobel Holding Ltd. now owns 6,859 shares of the technology company's stock worth $851,000 after acquiring an additional 134 shares during the period. Finally, Sequoia Financial Advisors LLC raised its position in shares of GoDaddy by 3.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,318 shares of the technology company's stock valued at $357,000 after acquiring an additional 147 shares during the last quarter. 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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