Power Wealth Management LLC Purchases New Position in GoDaddy Inc. $GDDY

Power Wealth Management LLC purchased a new stake in shares of GoDaddy Inc. (NYSE:GDDY) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,211 shares of the technology company’s stock, valued at approximately $442,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC raised its holdings in shares of GoDaddy by 93.8% during the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock valued at $30,000 after acquiring an additional 180 shares in the last quarter. Harbour Investments Inc. lifted its stake in GoDaddy by 191.0% in the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock worth $32,000 after acquiring an additional 170 shares during the period. Acuitas Investments LLC bought a new stake in GoDaddy in the first quarter valued at $33,000. Perkins Coie Trust Co bought a new stake in GoDaddy in the second quarter valued at $34,000. Finally, Entrust Financial LLC purchased a new position in GoDaddy during the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 90.28% of the company’s stock.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Analysts’ average price target of approximately $110.07 implies further upside from recent trading levels. GoDaddy also recently exceeded quarterly earnings and revenue expectations, providing a fundamental counterweight to the legal concerns. GoDaddy Analyst Price Target
• Neutral Sentiment: Multiple investor-rights firms are publicizing the same securities class action and the October 20, 2026 deadline for investors to seek lead-plaintiff status. The repeated announcements primarily increase awareness of existing litigation rather than represent a new operating development. Kaplan Fox GoDaddy Class Action Deadline
• Negative Sentiment: GoDaddy faces a proposed securities-fraud class action covering investors who purchased shares between September 3, 2025, and February 24, 2026. The complaint alleges that the company and certain executives 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, despite statements that discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
• Negative Sentiment: Law firms say the alleged disclosure issues preceded an approximately 14% stock decline. Continued litigation could create legal expenses, management distraction, settlement risk and additional pressure on GoDaddy’s valuation. GoDaddy Securities Fraud Lawsuit
• Negative Sentiment: A GoDaddy director sold 325 shares under a pre-arranged Rule 10b5-1 trading plan. The relatively small, scheduled transaction is unlikely to materially affect valuation but may add modest caution among investors. GoDaddy Director Stock Sale

GoDaddy Stock Up 1.7%

Shares of GoDaddy stock opened at $103.57 on Friday. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63. The company has a 50-day moving average of $93.21 and a 200 day moving average of $87.82. The firm has a market cap of $13.12 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 0.91 and a beta of 0.94. GoDaddy Inc. has a 1 year low of $71.59 and a 1 year high of $150.47.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. GoDaddy’s revenue was up 6.6% on a year-over-year basis. During the same period last year, the company posted $1.41 EPS. As a group, sell-side analysts anticipate that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on GDDY. Piper Sandler restated a “neutral” rating and issued a $95.00 price objective (up from $93.00) on shares of GoDaddy in a report on Friday, July 31st. Citigroup cut their target price on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. JPMorgan Chase & Co. reduced their price target on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a research report on Thursday, June 18th. Raymond James Financial downgraded shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price target for the company. in a research note on Friday, July 31st. Finally, Wedbush cut their price objective on GoDaddy from $109.00 to $93.00 and set an “outperform” rating on the stock in a research report on Monday, August 3rd. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $110.07.

Insider Activity

In other news, Director Leah Sweet sold 325 shares of GoDaddy stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $31,668.00. Following the completion of the transaction, the director directly owned 13,689 shares in the company, valued at approximately $1,333,856.16. This trade represents a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Phontip Palitwanon sold 2,261 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $91.81, for a total value of $207,582.41. Following the completion of the sale, the chief accounting officer directly owned 17,734 shares in the company, valued at approximately $1,628,158.54. This represents a 11.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 30,358 shares of company stock valued at $2,883,301. 0.93% of the stock is currently owned by insiders.

GoDaddy Company Profile

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.