Nima Kelly Sells 8,112 Shares of GoDaddy Inc. (GDDY) Stock

GoDaddy Inc. (NYSE:GDDY) EVP Nima Kelly sold 8,112 shares of GoDaddy stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $45.00, for a total transaction of $365,040.00. Following the completion of the transaction, the executive vice president now directly owns 39,856 shares in the company, valued at $1,793,520. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Nima Kelly also recently made the following trade(s):

  • On Tuesday, September 19th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $44.60, for a total transaction of $44,600.00.
  • On Tuesday, September 12th, Nima Kelly sold 3,810 shares of GoDaddy stock. The stock was sold at an average price of $43.58, for a total transaction of $166,039.80.
  • On Tuesday, August 29th, Nima Kelly sold 1,000 shares of GoDaddy stock. The stock was sold at an average price of $42.40, for a total transaction of $42,400.00.
  • On Tuesday, August 15th, Nima Kelly sold 1,000 shares of GoDaddy stock. The shares were sold at an average price of $41.80, for a total transaction of $41,800.00.
  • On Friday, June 9th, Nima Kelly sold 20,000 shares of GoDaddy stock. The shares were sold at an average price of $44.00, for a total transaction of $880,000.00.

GoDaddy Inc. (NYSE GDDY) traded up 1.30% on Friday, hitting $45.30. 4,400,631 shares of the stock were exchanged. The company has a 50-day moving average of $44.09 and a 200-day moving average of $44.09. The stock has a market cap of $5.04 billion, a price-to-earnings ratio of 356.69 and a beta of 0.64. GoDaddy Inc. has a 12 month low of $31.63 and a 12 month high of $45.37.

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

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Several equities analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of GoDaddy from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Deutsche Bank AG upped their price objective on shares of GoDaddy from $48.00 to $51.00 and gave the company a “buy” rating in a report on Monday, August 14th. Jefferies Group LLC reiterated a “buy” rating and set a $55.00 price objective on shares of GoDaddy in a report on Wednesday. B. Riley reiterated a “buy” rating and set a $53.00 price objective on shares of GoDaddy in a report on Monday, July 24th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of GoDaddy in a report on Saturday, August 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company. GoDaddy presently has an average rating of “Buy” and a consensus target price of $46.47.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Public Employees Retirement Association of Colorado raised its holdings in GoDaddy by 66.8% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 2,462 shares of the technology company’s stock valued at $104,000 after buying an additional 986 shares during the period. Parallel Advisors LLC raised its holdings in GoDaddy by 10.1% in the 1st quarter. Parallel Advisors LLC now owns 2,721 shares of the technology company’s stock valued at $105,000 after buying an additional 250 shares during the period. BNP Paribas Arbitrage SA grew its position in GoDaddy by 215.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,770 shares of the technology company’s stock valued at $105,000 after acquiring an additional 1,891 shares in the last quarter. SG Americas Securities LLC acquired a new position in GoDaddy in the 2nd quarter valued at about $118,000. Finally, Sei Investments Co. grew its position in GoDaddy by 160.4% in the 2nd quarter. Sei Investments Co. now owns 3,706 shares of the technology company’s stock valued at $158,000 after acquiring an additional 2,283 shares in the last quarter. Institutional investors and hedge funds own 77.87% of the company’s stock.

GoDaddy Company Profile

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)

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

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