Public Employees Retirement System of Ohio Takes Position in GoDaddy Inc. $GDDY

Public Employees Retirement System of Ohio purchased a new position in shares of GoDaddy Inc. (NYSE:GDDY) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 37,557 shares of the technology company’s stock, valued at approximately $3,188,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its stake 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 worth $30,000 after acquiring an additional 180 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of GoDaddy by 191.0% during the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock valued at $32,000 after purchasing an additional 170 shares during the last quarter. Acuitas Investments LLC bought a new stake in shares of GoDaddy during the first quarter valued at approximately $33,000. Perkins Coie Trust Co acquired a new stake in shares of GoDaddy in the second quarter valued at approximately $34,000. Finally, Entrust Financial LLC bought a new position in GoDaddy in the 4th quarter worth approximately $35,000. Institutional investors own 90.28% of the company’s stock.

Key GoDaddy News

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

Insiders Place Their Bets

In other GoDaddy news, CFO Mark McCaffrey sold 5,873 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was 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 approximately $10,076,368.05. This represents a 5.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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, CEO Amanpal Bhutani sold 8,194 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total value of $829,150.86. Following the transaction, the chief executive officer owned 504,553 shares in the company, valued at approximately $51,055,718.07. This trade represents a 1.60% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 30,358 shares of company stock worth $2,883,301 over the last three months. Insiders own 0.93% of the company’s stock.

Wall Street Analyst Weigh In

GDDY has been the topic of several research reports. Weiss Ratings raised GoDaddy from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 13th. William Blair cut GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday, July 31st. Raymond James Financial lowered GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price target on the stock. in a research note on Friday, July 31st. JPMorgan Chase & Co. decreased their price target on GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a report on Thursday, June 18th. Finally, Wedbush lowered their price objective on GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $110.07.

GoDaddy Trading Down 2.2%

Shares of NYSE GDDY opened at $101.34 on Friday. GoDaddy Inc. has a fifty-two week low of $71.59 and a fifty-two week high of $150.47. The firm has a market capitalization of $12.83 billion, a P/E ratio of 15.04, a P/E/G ratio of 0.93 and a beta of 0.94. 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’s 50 day simple moving average is $93.55 and its 200 day simple moving average is $87.91.

GoDaddy (NYSE:GDDY) last released its 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. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.41 EPS. On average, analysts predict that GoDaddy Inc. will post 7.21 EPS for the current year.

GoDaddy 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.