Scott Wagner Sells 8,000 Shares of Godaddy Inc (GDDY) Stock

Godaddy Inc (NYSE:GDDY) COO Scott Wagner sold 8,000 shares of Godaddy stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $39.74, for a total transaction of $317,920.00. Following the completion of the transaction, the chief operating officer now directly owns 11,106 shares of the company’s stock, valued at $441,352.44. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Scott Wagner also recently made the following trade(s):

  • On Wednesday, May 3rd, Scott Wagner sold 8,000 shares of Godaddy stock. The stock was sold at an average price of $39.44, for a total transaction of $315,520.00.
  • On Wednesday, April 19th, Scott Wagner sold 8,000 shares of Godaddy stock. The stock was sold at an average price of $37.23, for a total transaction of $297,840.00.
  • On Wednesday, April 5th, Scott Wagner sold 8,000 shares of Godaddy stock. The stock was sold at an average price of $37.34, for a total transaction of $298,720.00.
  • On Wednesday, March 15th, Scott Wagner sold 8,000 shares of Godaddy stock. The stock was sold at an average price of $37.26, for a total transaction of $298,080.00.
  • On Wednesday, March 1st, Scott Wagner sold 8,000 shares of Godaddy stock. The stock was sold at an average price of $36.95, for a total transaction of $295,600.00.

Shares of Godaddy Inc (NYSE:GDDY) traded up 1.45% during midday trading on Friday, reaching $40.48. 356,748 shares of the company were exchanged. The firm has a 50-day moving average of $38.19 and a 200 day moving average of $36.25. Godaddy Inc has a 52 week low of $28.13 and a 52 week high of $40.52. The firm’s market capitalization is $3.71 billion.

Godaddy (NYSE:GDDY) last issued its earnings results on Tuesday, May 2nd. The technology company reported $0.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.05. The firm had revenue of $489.70 million for the quarter, compared to analysts’ expectations of $487.77 million. Godaddy had a negative net margin of 0.81% and a negative return on equity of 2.14%. On average, equities research analysts expect that Godaddy Inc will post $0.19 EPS for the current year.

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

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GDDY has been the subject of a number of recent analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Godaddy in a research note on Thursday, February 16th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $42.00 price target on shares of Godaddy in a research note on Friday, January 27th. B. Riley reaffirmed a “buy” rating and set a $45.00 price target on shares of Godaddy in a research note on Sunday, April 16th. Zacks Investment Research raised shares of Godaddy from a “sell” rating to a “hold” rating in a research note on Tuesday, January 24th. Finally, Monness Crespi & Hardt reaffirmed a “buy” rating on shares of Godaddy in a research note on Thursday, February 16th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Godaddy has an average rating of “Buy” and a consensus price target of $41.83.

Hedge funds have recently modified their holdings of the stock. Credit Suisse AG boosted its stake in shares of Godaddy by 569.1% in the first quarter. Credit Suisse AG now owns 201,560 shares of the technology company’s stock valued at $7,639,000 after buying an additional 171,436 shares during the period. Tudor Investment Corp ET AL boosted its stake in shares of Godaddy by 88.6% in the first quarter. Tudor Investment Corp ET AL now owns 13,767 shares of the technology company’s stock valued at $522,000 after buying an additional 6,467 shares during the period. Gotham Asset Management LLC purchased a new stake in shares of Godaddy during the first quarter valued at $310,000. Soros Fund Management LLC purchased a new stake in shares of Godaddy during the first quarter valued at $493,000. Finally, Highbridge Capital Management LLC boosted its stake in shares of Godaddy by 112.7% in the first quarter. Highbridge Capital Management LLC now owns 13,596 shares of the technology company’s stock valued at $515,000 after buying an additional 7,204 shares during the period.

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.

5 Day Chart for NYSE:GDDY

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