Barclays PLC Sells 74,199 Shares of GoDaddy Inc. $GDDY

Barclays PLC lowered its stake in shares of GoDaddy Inc. (NYSE:GDDY) by 11.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 571,176 shares of the technology company’s stock after selling 74,199 shares during the quarter. Barclays PLC owned 0.42% of GoDaddy worth $78,154,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GDDY. Hemington Wealth Management raised its position in GoDaddy by 85.9% during the third quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock valued at $25,000 after purchasing an additional 85 shares in the last quarter. Penserra Capital Management LLC lifted its stake in GoDaddy by 14.0% during the second quarter. Penserra Capital Management LLC now owns 748 shares of the technology company’s stock worth $134,000 after purchasing an additional 92 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings in shares of GoDaddy by 5.6% in the 2nd quarter. Coldstream Capital Management Inc. now owns 1,801 shares of the technology company’s stock worth $324,000 after purchasing an additional 96 shares in the last quarter. MAI Capital Management increased its position in shares of GoDaddy by 9.7% during the 2nd quarter. MAI Capital Management now owns 1,127 shares of the technology company’s stock valued at $203,000 after purchasing an additional 100 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in shares of GoDaddy by 0.9% during the 3rd quarter. Clearstead Advisors LLC now owns 12,324 shares of the technology company’s stock valued at $1,686,000 after purchasing an additional 104 shares during the last quarter. 90.28% of the stock is owned by institutional investors.

GoDaddy Trading Up 1.0%

Shares of GDDY stock opened at $94.08 on Monday. The stock has a market capitalization of $12.55 billion, a PE ratio of 15.10, a P/E/G ratio of 0.86 and a beta of 0.96. GoDaddy Inc. has a 1-year low of $73.06 and a 1-year high of $193.55. The business has a 50-day moving average of $101.23 and a 200 day moving average of $122.76. The company has a debt-to-equity ratio of 17.50, a current ratio of 0.61 and a quick ratio of 0.61.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings results on Tuesday, February 24th. The technology company reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.22. GoDaddy had a return on equity of 369.00% and a net margin of 17.67%.The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the firm earned $1.36 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts anticipate that GoDaddy Inc. will post 6.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on GDDY. Barclays decreased their price objective on GoDaddy from $200.00 to $118.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Evercore set a $95.00 price target on shares of GoDaddy in a research report on Wednesday, February 25th. Cantor Fitzgerald decreased their price target on shares of GoDaddy from $130.00 to $90.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of GoDaddy in a report on Wednesday, January 28th. Finally, UBS Group cut their price objective on shares of GoDaddy from $145.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, GoDaddy has an average rating of “Moderate Buy” and an average target price of $131.93.

Insider Activity

In related news, CFO Mark Mccaffrey sold 17,406 shares of GoDaddy stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $88.99, for a total value of $1,548,959.94. Following the transaction, the chief financial officer directly owned 113,003 shares of the company’s stock, valued at $10,056,136.97. The trade was a 13.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Leah Sweet sold 650 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $86.86, for a total transaction of $56,459.00. Following the sale, the director directly owned 11,414 shares of the company’s stock, valued at $991,420.04. The trade was a 5.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 63,005 shares of company stock worth $5,690,243 over the last ninety days. Company insiders own 0.70% of the company’s stock.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 results showed an EPS beat (reported $1.80 vs. $1.58 expected) and ~6.8% revenue growth year/year, giving the stock a clear fundamental tailwind. Quarterly Results
• Neutral Sentiment: Sell‑side coverage is mixed but constructive overall — consensus is a “Moderate Buy” with an average target near $132, which limits dramatic upside but keeps placement support from analysts. Analyst Consensus
• Negative Sentiment: Large insider selling this week increases near‑term supply and hurts sentiment: CEO Amanpal Bhutani sold 34,148 shares (avg ~$88.99), CFO Mark McCaffrey sold 17,406 shares, CAO Phontip Palitwanon sold 766 shares, and a director sold 650 shares. These SEC filings are notable because executive disposals at this scale often trigger short‑term selling pressure. CEO Form 4 CFO Form 4 CAO Form 4
• Negative Sentiment: Analysts have trimmed price targets in recent notes (Evercore to $95 with an “In Line” rating; several other firms cut targets), which reduces perceived upside and can prompt portfolio rebalancing by institutions. Evercore Note Analyst Summary

GoDaddy Profile

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.