Rep. Gilbert Ray Cisneros, Jr. Sells GoDaddy Inc. (NYSE:GDDY) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of GoDaddy Inc. (NYSE:GDDY). In a filing disclosed on July 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in GoDaddy stock on June 11th. 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 Price Performance

Shares of GoDaddy stock opened at $168.80 on Friday. The stock’s 50-day simple moving average is $178.96 and its 200-day simple moving average is $183.72. GoDaddy Inc. has a 52 week low of $140.11 and a 52 week high of $216.00. The company has a market capitalization of $24.05 billion, a price-to-earnings ratio of 32.46 and a beta of 1.05. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 18.91.

GoDaddy (NYSE:GDDY) last posted its earnings results on Thursday, May 1st. The technology company reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.08). GoDaddy had a return on equity of 211.09% and a net margin of 16.20%. The firm had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the firm posted $2.76 earnings per share. GoDaddy’s quarterly revenue was up 8.6% on a year-over-year basis. As a group, analysts expect that GoDaddy Inc. will post 6.63 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Mark Mccaffrey sold 37,500 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Roger Chen sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $175.96, for a total transaction of $175,960.00. Following the sale, the chief operating officer owned 254,949 shares in the company, valued at approximately $44,860,826.04. This trade represents a 0.39% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 67,757 shares of company stock valued at $12,243,920. Company insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

GDDY has been the subject of a number of research reports. Piper Sandler boosted their price target on GoDaddy from $177.00 to $180.00 and gave the company a “neutral” rating in a report on Friday, May 2nd. Barclays lowered their target price on GoDaddy from $243.00 to $235.00 and set an “overweight” rating for the company in a report on Friday, May 2nd. JPMorgan Chase & Co. increased their price objective on GoDaddy from $231.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, May 6th. Wall Street Zen downgraded GoDaddy from a “buy” rating to a “hold” rating in a research report on Tuesday, May 13th. Finally, Morgan Stanley cut their target price on GoDaddy from $228.00 to $206.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 16th. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, GoDaddy presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.86.

Institutional Trading of GoDaddy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. LBP AM SA grew its stake in shares of GoDaddy by 23.4% in the second quarter. LBP AM SA now owns 56,719 shares of the technology company’s stock worth $10,213,000 after acquiring an additional 10,738 shares in the last quarter. SWS Partners purchased a new stake in GoDaddy in the second quarter valued at $1,204,000. GC Wealth Management RIA LLC boosted its stake in shares of GoDaddy by 42.4% during the second quarter. GC Wealth Management RIA LLC now owns 1,784 shares of the technology company’s stock worth $321,000 after buying an additional 531 shares during the period. V Square Quantitative Management LLC boosted its stake in shares of GoDaddy by 11.8% during the second quarter. V Square Quantitative Management LLC now owns 1,886 shares of the technology company’s stock worth $340,000 after buying an additional 199 shares during the period. Finally, Hengehold Capital Management LLC raised its holdings in GoDaddy by 6.5% during the second quarter. Hengehold Capital Management LLC now owns 3,498 shares of the technology company’s stock worth $630,000 after purchasing an additional 212 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

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.

About GoDaddy

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.