Citigroup Inc. Has $26.04 Million Stake in GoDaddy Inc. $GDDY

Citigroup Inc. reduced its position in shares of GoDaddy Inc. (NYSE:GDDY) by 9.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,333 shares of the technology company’s stock after selling 20,149 shares during the period. Citigroup Inc. owned about 0.14% of GoDaddy worth $26,043,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of GDDY. Hemington Wealth Management boosted its position in GoDaddy by 85.9% during the 3rd quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock worth $25,000 after acquiring an additional 85 shares during the last quarter. Penserra Capital Management LLC lifted its position in shares of GoDaddy by 14.0% in 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 in the last quarter. NewSquare Capital LLC boosted its holdings in GoDaddy by 170.9% during the second quarter. NewSquare Capital LLC now owns 149 shares of the technology company’s stock worth $27,000 after purchasing an additional 94 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings in GoDaddy by 5.6% during the second 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 during the last quarter. Finally, MAI Capital Management grew its position in GoDaddy by 9.7% in the second 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 in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Wall Street Analyst Weigh In

GDDY has been the subject of a number of recent research reports. Cantor Fitzgerald reduced their price objective on shares of GoDaddy from $130.00 to $90.00 and set a “neutral” rating for the company in a research note on Wednesday. B. Riley Financial decreased their target price on shares of GoDaddy from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Morgan Stanley cut their price objective on shares of GoDaddy from $159.00 to $145.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Weiss Ratings reissued a “hold (c)” rating on shares of GoDaddy in a report on Wednesday, January 28th. Finally, Citigroup decreased their target price on shares of GoDaddy from $214.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $143.86.

GoDaddy Trading Down 14.4%

GDDY opened at $78.99 on Thursday. GoDaddy Inc. has a fifty-two week low of $73.06 and a fifty-two week high of $193.55. The firm has a market capitalization of $10.67 billion, a PE ratio of 12.68, a P/E/G ratio of 0.84 and a beta of 0.94. The company has a debt-to-equity ratio of 41.06, a current ratio of 0.57 and a quick ratio of 0.57. The company’s 50-day moving average is $106.46 and its 200 day moving average is $125.51.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings data on Tuesday, February 24th. The technology company reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.22. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. GoDaddy had a net margin of 17.67% and a return on equity of 362.29%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.36 EPS. As a group, research analysts predict that GoDaddy Inc. will post 6.63 earnings per share for the current fiscal year.

Insider Buying and Selling at GoDaddy

In related news, CAO Phontip Palitwanon sold 2,397 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $128.44, for a total transaction of $307,870.68. Following the completion of the sale, the chief accounting officer directly owned 17,055 shares of the company’s stock, valued at approximately $2,190,544.20. This trade represents a 12.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of GoDaddy stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $127.94, for a total value of $886,880.08. Following the sale, the chief executive officer owned 399,133 shares in the company, valued at $51,065,076.02. This trade represents a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 13,615 shares of company stock worth $1,743,102. 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 EPS beat and improving margins: GoDaddy reported EPS that topped consensus and showed rising margins and stronger cash flow trends, evidence of operational leverage. Zacks: Q4 Earnings Beat
• Positive Sentiment: Product/AI partnerships: GoDaddy announced integration with Salesforce’s agent-discovery tools, which could help enterprise trust/AI adoption over time. Yahoo: Salesforce Integration
• Neutral Sentiment: Top-line was roughly flat to estimates: Q4 revenue grew modestly year‑over‑year (about +6.8%) and was roughly in line with consensus, showing steady but not accelerating growth. See the company release and slide deck for quarter detail. PR Newswire: Q4 Results
• Negative Sentiment: Forward revenue guidance disappointed: Management forecasted FY‑2026 revenue below Street estimates and flagged slower adoption of its AI offerings and weaker customer acquisition, a primary driver of the selloff. Reuters: Revenue Forecast Below Estimates
• Negative Sentiment: Multiple analyst price‑target cuts and downgrades followed the print and guidance — UBS, RBC, Wells Fargo and Cantor (among others) lowered targets and/or ratings, increasing near‑term selling pressure. TickerReport / Benzinga: Analyst Actions StreetInsider: RBC Cut
• Negative Sentiment: New securities‑fraud investigation: A law firm announced an inquiry into GoDaddy related to the company’s disclosures around the February results and guidance, which can amplify short‑term uncertainty and selling. Business Wire: Investigation
• Negative Sentiment: Insider selling and institutional rebalancing: Recent filings and summaries flagged notable insider sales and large shifts in institutional positions, which can exacerbate downward momentum. QuiverQuant: Insider & Institutional Activity

GoDaddy Company 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.