Amanpal Singh Bhutani Sells 4,500 Shares of GoDaddy (NYSE:GDDY) Stock

05 Aug 2026, 23:22 by Kim Johansen · The Markets Daily

GoDaddy Inc. (NYSE:GDDY – Get Free Report) CEO Amanpal Singh Bhutani sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $83.15, for a total transaction of $374,175.00. Following the completion of the transaction, the chief executive officer owned 517,247 shares in the company, valued at approximately $43,009,088.05. This represents a 0.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amanpal Singh Bhutani also recently made the following trade(s):

On Tuesday, June 2nd, Amanpal Singh Bhutani sold 8,373 shares of GoDaddy stock. The shares were sold at an average price of $89.86, for a total transaction of $752,397.78.

GoDaddy Trading Up 2.9%

NYSE GDDY traded up $2.59 on Wednesday, reaching $91.68. The stock had a trading volume of 1,972,224 shares, compared to its average volume of 2,334,705. The firm has a market capitalization of $12.14 billion, a price-to-earnings ratio of 13.60, a P/E/G ratio of 0.80 and a beta of 0.90. The company has a quick ratio of 0.67, a current ratio of 0.63 and a debt-to-equity ratio of 561.10. GoDaddy Inc. has a 12-month low of $71.59 and a 12-month high of $157.40. The stock has a fifty day moving average price of $86.63 and a two-hundred day moving average price of $88.35.

GoDaddy (NYSE:GDDY – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm earned $1.41 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. As a group, sell-side analysts forecast that GoDaddy Inc. will post 7.18 EPS for the current fiscal year.

Institutional Investors Weigh In On GoDaddy

A number of hedge funds have recently bought and sold shares of the stock. Rachor Investment Advisory Services LLC acquired a new position in shares of GoDaddy during the fourth quarter worth about $25,000. Activest Wealth Management lifted its stake in GoDaddy by 6,600.0% in the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock worth $25,000 after acquiring an additional 198 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in GoDaddy in the fourth quarter worth approximately $25,000. Brown Brothers Harriman & Co. grew its holdings in GoDaddy by 145.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 253 shares of the technology company’s stock worth $35,000 after acquiring an additional 150 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in GoDaddy by 191.0% during the 4th quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock worth $32,000 after acquiring an additional 170 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Trending Headlines about GoDaddy

Here are the key news stories impacting GoDaddy this week:

Positive Sentiment: Momentum remains a supportive factor. Zacks characterized GoDaddy as a strong momentum stock, which may attract technical and style-focused investors. Here’s Why GoDaddy is a Strong Momentum Stock
Positive Sentiment: Greater use of large language models could improve product development. Wedbush noted that GoDaddy’s web-building ecosystem is incorporating more LLMs into its development process, potentially supporting innovation and operating efficiency. GoDaddy’s Web-Building Ecosystem Utilizes More LLMs
Neutral Sentiment: Management will present at an investor conference. CFO Mark McCaffrey is scheduled to speak at the Oppenheimer Technology, Internet & Communications Conference on August 11, potentially providing updates on strategy, AI initiatives and financial trends. GoDaddy to Present at the Oppenheimer Conference
Negative Sentiment: Analysts have become more cautious. Wedbush issued a pessimistic forecast, while Citigroup lowered its expectations for GoDaddy’s stock price. The reports could pressure valuation and signal concerns about the company’s future growth or risk profile. Wedbush Issues Pessimistic Forecast Citigroup Lowers Expectations
Negative Sentiment: Multiple law firms are investigating potential securities-law violations. Kaplan Fox and Rosen Law Firm are seeking investors who may have suffered losses amid allegations that GoDaddy issued materially misleading business information. These announcements are generally solicitations and do not establish wrongdoing, but they add headline, litigation and reputational risk. Kaplan Fox Investigation Rosen Law Firm Investigation

Analyst Ratings Changes

A number of brokerages recently commented on GDDY. B. Riley Financial lowered their target price on GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a report on Friday, July 31st. Wells Fargo & Company reduced their price target on shares of GoDaddy from $83.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft lowered shares of GoDaddy to a “buy” rating in a research note on Friday, July 31st. Weiss Ratings restated a “hold (c-)” rating on shares of GoDaddy in a report on Tuesday, June 16th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $90.00 target price on shares of GoDaddy in a research note on Friday, July 31st. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $110.33.

View Our Latest Analysis on GoDaddy

GoDaddy Company Profile

(Get Free Report)

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.