GoDaddy Inc. (GDDY) Insider Auguste Goldman Sells 1,000 Shares

GoDaddy Inc. (NYSE:GDDY) insider Auguste Goldman sold 1,000 shares of GoDaddy stock in a transaction on Friday, September 15th. The shares were sold at an average price of $43.73, for a total transaction of $43,730.00. Following the completion of the transaction, the insider now directly owns 6,491 shares in the company, valued at $283,851.43. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Auguste Goldman also recently made the following trade(s):

  • On Thursday, August 10th, Auguste Goldman sold 10,000 shares of GoDaddy stock. The shares were sold at an average price of $41.86, for a total transaction of $418,600.00.
  • On Monday, July 17th, Auguste Goldman sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $42.32, for a total transaction of $42,320.00.

Shares of GoDaddy Inc. (NYSE GDDY) opened at 44.87 on Wednesday. The firm’s 50 day moving average is $44.09 and its 200 day moving average is $44.09. GoDaddy Inc. has a 12 month low of $31.63 and a 12 month high of $45.02. The stock has a market capitalization of $4.99 billion, a price-to-earnings ratio of 353.31 and a beta of 0.64.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings results on Tuesday, August 8th. The technology company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.10. The company had revenue of $557.80 million for the quarter, compared to analyst estimates of $551.26 million. GoDaddy had a return on equity of 6.05% and a net margin of 1.21%. The company’s quarterly revenue was up 22.3% compared to the same quarter last year. During the same period last year, the company earned ($0.11) earnings per share. On average, equities analysts predict that GoDaddy Inc. will post $0.33 earnings per share for the current fiscal year.

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Several equities analysts have issued reports on the stock. B. Riley reissued a “buy” rating and issued a $53.00 price objective on shares of GoDaddy in a research note on Wednesday, August 9th. BidaskClub cut shares of GoDaddy from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 11th. Stifel Nicolaus set a $41.00 price objective on shares of GoDaddy and gave the company a “hold” rating in a research note on Wednesday, August 9th. Deutsche Bank AG boosted their price objective on shares of GoDaddy from $48.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Finally, SunTrust Banks, Inc. assumed coverage on shares of GoDaddy in a research note on Tuesday, August 15th. They issued a “buy” rating and a $50.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company’s stock. GoDaddy has a consensus rating of “Buy” and an average target price of $46.47.

Several institutional investors and hedge funds have recently modified their holdings of GDDY. Teachers Advisors LLC increased its holdings in shares of GoDaddy by 30.4% during the fourth quarter. Teachers Advisors LLC now owns 61,926 shares of the technology company’s stock valued at $2,164,000 after purchasing an additional 14,419 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of GoDaddy by 1.6% during the first quarter. Russell Investments Group Ltd. now owns 45,625 shares of the technology company’s stock valued at $1,728,000 after purchasing an additional 708 shares during the period. Wells Fargo & Company MN increased its holdings in shares of GoDaddy by 45.6% during the first quarter. Wells Fargo & Company MN now owns 51,901 shares of the technology company’s stock valued at $1,967,000 after purchasing an additional 16,243 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of GoDaddy by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 163,361 shares of the technology company’s stock valued at $6,192,000 after purchasing an additional 1,524 shares during the period. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of GoDaddy by 215.1% during the first quarter. BNP Paribas Arbitrage SA now owns 2,770 shares of the technology company’s stock valued at $105,000 after purchasing an additional 1,891 shares during the period. 77.87% of the stock is currently owned by institutional investors.

About GoDaddy

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.

Insider Buying and Selling by Quarter for GoDaddy (NYSE:GDDY)

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