Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 29,037 Shares of GoDaddy Inc. $GDDY

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its position in shares of GoDaddy Inc. (NYSE:GDDY) by 93.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,971 shares of the technology company’s stock after selling 29,037 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in GoDaddy were worth $270,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Hemington Wealth Management boosted its position in shares of 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 buying an additional 85 shares during the period. NewSquare Capital LLC lifted its stake in shares of GoDaddy by 170.9% during the 2nd quarter. NewSquare Capital LLC now owns 149 shares of the technology company’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Root Financial Partners LLC purchased a new position in GoDaddy during the 3rd quarter valued at $31,000. Bayforest Capital Ltd grew its position in GoDaddy by 141.5% in the 3rd quarter. Bayforest Capital Ltd now owns 355 shares of the technology company’s stock valued at $49,000 after acquiring an additional 208 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in GoDaddy in the third quarter worth $61,000. Institutional investors own 90.28% of the company’s stock.

Insider Buying and Selling

In other news, CAO Phontip Palitwanon sold 2,397 shares of GoDaddy stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $128.44, for a total value of $307,870.68. Following the transaction, the chief accounting officer owned 17,055 shares of the company’s stock, valued at $2,190,544.20. The trade was a 12.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $127.94, for a total transaction of $886,880.08. Following the transaction, the chief executive officer owned 399,133 shares of the company’s stock, valued at approximately $51,065,076.02. This trade represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,615 shares of company stock worth $1,743,102 in the last three months. 0.70% of the stock is owned by insiders.

Key Stories Impacting GoDaddy

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 Trading Down 14.4%

NYSE:GDDY opened at $78.99 on Thursday. The firm has a 50-day simple moving average of $106.46 and a 200-day simple moving average of $125.51. GoDaddy Inc. has a one year low of $73.06 and a one year high of $193.55. The firm has a market cap of $10.67 billion, a P/E 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 quick ratio of 0.57 and a current ratio of 0.57.

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on GDDY. Raymond James Financial reissued a “strong-buy” rating and set a $100.00 target price on shares of GoDaddy in a research note on Wednesday. Evercore set a $95.00 price objective on shares of GoDaddy in a research report on Wednesday. Cantor Fitzgerald reduced their target price on shares of GoDaddy from $130.00 to $90.00 and set a “neutral” rating on the stock in a research report on Wednesday. UBS Group decreased their price target on shares of GoDaddy from $145.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, B. Riley Financial dropped their price objective on GoDaddy from $225.00 to $215.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, GoDaddy presently has a consensus rating of “Moderate Buy” and a consensus target price of $143.86.

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.