AXQ Capital LP lifted its holdings in shares of GoDaddy Inc. (NYSE:GDDY – Free Report) by 83.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,617 shares of the technology company’s stock after buying an additional 7,111 shares during the period. AXQ Capital LP’s holdings in GoDaddy were worth $1,326,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Brown Brothers Harriman & Co. boosted its stake in GoDaddy by 145.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 253 shares of the technology company’s stock valued at $35,000 after purchasing an additional 150 shares in the last quarter. Harbour Investments Inc. raised its stake in shares of GoDaddy by 191.0% in the 4th quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock worth $32,000 after buying an additional 170 shares in the last quarter. Entrust Financial LLC acquired a new stake in shares of GoDaddy in the fourth quarter valued at $35,000. International Assets Investment Management LLC lifted its holdings in shares of GoDaddy by 93.8% in the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares during the period. Finally, Acuitas Investments LLC bought a new position in GoDaddy during the first quarter valued at about $33,000. 90.28% of the stock is owned by institutional investors.
GoDaddy News Roundup
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: GoDaddy’s latest reported quarter remains a fundamental bright spot: adjusted EPS of $1.83 exceeded the $1.69 consensus estimate, revenue reached $1.30 billion versus $1.29 billion expected, and sales grew 6.6% year over year. The average analyst price target of about $110.07 indicates potential upside if operating performance remains resilient.
- Neutral Sentiment: CEO Amanpal Bhutani, CFO Mark McCaffrey, Chief Accounting Officer Phontip Palitwanon and Director Sigal Zarmi reported stock sales. The transactions were executed under pre-arranged Rule 10b5-1 plans to cover tax obligations tied to vested equity awards, and the executives retained significant positions, limiting their value as a bearish signal. GoDaddy Insider Sales
- Negative Sentiment: Multiple investor-rights firms are soliciting shareholders for a class action covering purchases from September 3, 2025, through February 24, 2026. The complaint alleges GoDaddy failed to disclose the impact of a $4.99 one-year domain promotion, which allegedly encouraged short-term, lower-value contracts and pressured upfront bookings while investors were told discounting had been reduced or eliminated. The allegations have not been proven. GoDaddy Securities Class Action Allegations
- Negative Sentiment: The litigation creates potential exposure to legal costs, settlements, management distraction and increased scrutiny of GoDaddy’s customer-acquisition metrics and public disclosures. Investors seeking lead-plaintiff status generally face an October 20, 2026 deadline, although one notice cites October 26. The continuing stream of law-firm announcements is likely adding an overhang to GDDY shares. GoDaddy Class Action Update
Analysts Set New Price Targets
Check Out Our Latest Research Report on GoDaddy
Insider Buying and Selling at GoDaddy
In other news, CFO Mark McCaffrey sold 5,873 shares of GoDaddy stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total value of $592,644.43. Following the transaction, the chief financial officer owned 99,855 shares of the company’s stock, valued at $10,076,368.05. This trade represents a 5.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Leah Sweet sold 325 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.44, for a total transaction of $31,668.00. Following the transaction, the director directly owned 13,689 shares of the company’s stock, valued at approximately $1,333,856.16. This represents a 2.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 30,358 shares of company stock worth $2,883,301 in the last 90 days. Company insiders own 0.93% of the company’s stock.
GoDaddy Price Performance
Shares of GDDY opened at $101.34 on Friday. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market cap of $12.83 billion, a PE ratio of 15.04, a PEG ratio of 0.91 and a beta of 0.94. The firm’s 50 day moving average price is $93.55 and its 200 day moving average price is $87.91. GoDaddy Inc. has a twelve month low of $71.59 and a twelve month high of $150.47.
GoDaddy (NYSE:GDDY – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the firm earned $1.41 EPS. GoDaddy’s revenue for the quarter was up 6.6% on a year-over-year basis. As a group, research analysts expect that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.
About GoDaddy
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.
Read More
- Five stocks we like better than GoDaddy
- Zscaler’s Strong Quarter Still Left Investors Waiting on 1 Key Signal
- Is Duolingo the Next Netflix-Style Comeback Story?
- GitLab’s AI Tools Are Starting to Turn Developer Demand Into Real Revenue
- GTA VI’s Console Problem Isn’t Take-Two’s Problem
Want to see what other hedge funds are holding GDDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GoDaddy Inc. (NYSE:GDDY – Free Report).
Receive News & Ratings for GoDaddy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy and related companies with MarketBeat.com's FREE daily email newsletter.
