Rep. Val T. Hoyle Buys GoDaddy Inc. (NYSE:GDDY) Shares

Key Points

• Representative Val T. Hoyle purchased shares of GoDaddy Inc. (NYSE:GDDY) valued between $1,001 and $15,000 on September 10th, 2023, according to a filing disclosed on October 10th.
• GoDaddy's stock is currently down 2.4%, trading at $130.62, with a 52-week range of $130.17 to $216.00.
• Despite a downturn in stock price, GoDaddy recently reported $1.41 EPS, surpassing analyst estimates, and a year-over-year revenue increase of 8.3% to $1.22 billion.

Representative Val T. Hoyle (D-Oregon) recently bought shares of GoDaddy Inc. NYSE: GDDY. In a filing disclosed on October 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in GoDaddy stock on September 10th. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

GoDaddy Stock Down 2.4%

GoDaddy stock traded down $3.18 during midday trading on Friday, hitting $130.62. 1,482,482 shares of the company were exchanged, compared to its average volume of 1,577,916. The company's fifty day moving average price is $143.57 and its 200-day moving average price is $165.29. GoDaddy Inc. has a fifty-two week low of $130.17 and a fifty-two week high of $216.00. The company has a market cap of $18.08 billion, a PE ratio of 23.33, a price-to-earnings-growth ratio of 1.45 and a beta of 0.98. The company has a debt-to-equity ratio of 9.33, a current ratio of 0.64 and a quick ratio of 0.64.

GoDaddy (NYSE:GDDY - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.07. GoDaddy had a return on equity of 189.42% and a net margin of 17.01%.The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the company posted $1.01 EPS. GoDaddy's quarterly revenue was up 8.3% on a year-over-year basis. GoDaddy has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts predict that GoDaddy Inc. will post 6.63 EPS for the current fiscal year.

Institutional Investors Weigh In On GoDaddy

Large investors have recently added to or reduced their stakes in the stock. Wedmont Private Capital acquired a new position in shares of GoDaddy during the first quarter valued at $225,000. SG Americas Securities LLC increased its holdings in shares of GoDaddy by 445.4% during the first quarter. SG Americas Securities LLC now owns 40,159 shares of the technology company's stock valued at $7,234,000 after purchasing an additional 32,796 shares during the period. CX Institutional acquired a new position in shares of GoDaddy during the first quarter valued at $92,000. Simon Quick Advisors LLC lifted its stake in shares of GoDaddy by 6.5% in the 1st quarter. Simon Quick Advisors LLC now owns 1,388 shares of the technology company's stock worth $250,000 after acquiring an additional 85 shares during the period. Finally, Fifth Third Bancorp lifted its stake in shares of GoDaddy by 90.7% in the 1st quarter. Fifth Third Bancorp now owns 1,894 shares of the technology company's stock worth $341,000 after acquiring an additional 901 shares during the period. 90.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Barclays cut their target price on GoDaddy from $235.00 to $200.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. Weiss Ratings reiterated a "hold (c+)" rating on shares of GoDaddy in a report on Wednesday. Royal Bank Of Canada lowered their price target on GoDaddy from $225.00 to $200.00 and set an "outperform" rating for the company in a report on Friday, August 8th. Wells Fargo & Company lowered their price target on GoDaddy from $157.00 to $145.00 and set an "equal weight" rating for the company in a report on Monday. Finally, Raymond James Financial lowered their price target on GoDaddy from $225.00 to $175.00 and set a "strong-buy" rating for the company in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $199.00.

Insider Buying and Selling

In other news, CFO Mark Mccaffrey sold 3,326 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $142.21, for a total value of $472,990.46. Following the completion of the sale, the chief financial officer directly owned 70,133 shares of the company's stock, valued at approximately $9,973,613.93. This represents a 4.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Amanpal Singh Bhutani sold 6,000 shares of the company's stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $150.00, for a total transaction of $900,000.00. Following the completion of the sale, the chief executive officer directly owned 406,065 shares of the company's stock, valued at approximately $60,909,750. This represents a 1.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,203 shares of company stock worth $4,200,828. Company insiders own 0.70% of the company's stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.