GoDaddy Inc. (NYSE:GDDY - Get Free Report) Director Brian Sharples sold 500 shares of the firm's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $179.85, for a total value of $89,925.00. Following the transaction, the director now owns 21,621 shares of the company's stock, valued at $3,888,536.85. The trade was a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Brian Sharples also recently made the following trade(s):

Shares of GoDaddy stock traded down $3.05 on Thursday, hitting $177.45. 1,838,558 shares of the company's stock were exchanged, compared to its average volume of 1,429,155. The company has a debt-to-equity ratio of 5.46, a quick ratio of 0.56 and a current ratio of 0.72. The stock has a market capitalization of $25.08 billion, a PE ratio of 27.51 and a beta of 1.25. GoDaddy Inc. has a 1 year low of $119.76 and a 1 year high of $216.00. The company has a 50-day simple moving average of $188.41 and a 200-day simple moving average of $184.78.

GoDaddy (NYSE:GDDY - Get Free Report) last released its earnings results on Thursday, February 13th. The technology company reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.43 by ($0.01). GoDaddy had a net margin of 20.49% and a return on equity of 176.06%. The company had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.18 billion. As a group, equities analysts anticipate that GoDaddy Inc. will post 6.63 EPS for the current year.

A number of equities analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of GoDaddy from $227.00 to $228.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Benchmark upped their price target on GoDaddy from $200.00 to $230.00 and gave the company a "buy" rating in a report on Thursday, February 13th. JPMorgan Chase & Co. lifted their price objective on GoDaddy from $224.00 to $231.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Piper Sandler upped their target price on shares of GoDaddy from $176.00 to $177.00 and gave the company a "neutral" rating in a research note on Friday, February 14th. Finally, Barclays lifted their price target on shares of GoDaddy from $235.00 to $243.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, GoDaddy presently has a consensus rating of "Moderate Buy" and an average target price of $213.20.

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Several institutional investors and hedge funds have recently modified their holdings of GDDY. MassMutual Private Wealth & Trust FSB grew its position in GoDaddy by 16.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 862 shares of the technology company's stock valued at $155,000 after acquiring an additional 120 shares during the last quarter. California State Teachers Retirement System raised its stake in GoDaddy by 6.0% in the fourth quarter. California State Teachers Retirement System now owns 233,188 shares of the technology company's stock valued at $46,024,000 after buying an additional 13,206 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in GoDaddy by 4.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,184 shares of the technology company's stock worth $1,023,000 after acquiring an additional 240 shares in the last quarter. Siemens Fonds Invest GmbH grew its stake in shares of GoDaddy by 1,842.6% during the fourth quarter. Siemens Fonds Invest GmbH now owns 29,159 shares of the technology company's stock worth $5,499,000 after acquiring an additional 27,658 shares during the last quarter. Finally, Total Wealth Planning & Management Inc. acquired a new position in shares of GoDaddy during the fourth quarter valued at about $244,000. Institutional investors own 90.28% of the company's stock.

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GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.

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