Godaddy Inc (NYSE: GDDY) is 72.31% higher on its value in year-to-date trading and has touched a low of $90.42 and a high of $190.21 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GDDY stock was last observed hovering at around $185.29 in the last trading session, with the day’s loss setting it -2.37%.
Currently trading at $182.92, the stock is 7.10% and 12.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -1.28% at the moment leaves the stock 29.67% off its SMA200. GDDY registered 98.65% gain for a year compared to 6-month gain of 34.80%. The firm has a 50-day simple moving average (SMA 50) of $162.7608 and a 200-day simple moving average (SMA200) of $141.07085.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 11.25% loss in the last 1 month and extending the period to 3 months gives it a 11.58%, and is 2.86% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.20% over the month.
Godaddy Inc (GDDY) has around 6159 employees, a market worth around $25.35B and $4.47B in sales. Current P/E ratio is 14.14 and Fwd P/E is 27.43. Profit margin for the company is 41.80%. Distance from 52-week low is 102.30% and -3.83% from its 52-week high. The company has generated returns on investments over the last 12 months (44.28%).
with sales reaching $1.18B over the same period.The EPS is expected to shrink by -29.20% this year, but quarterly earnings will post 7.15% year-over-year. Quarterly sales are estimated to grow 7.03% in year-over-year returns.
Godaddy Inc (GDDY) Top Institutional Holders
1001.0 institutions hold shares in Godaddy Inc (GDDY), with institutional investors hold 98.38% of the company’s shares. The shares outstanding are 142.05M, and float is at 139.54M with Short Float at 2.50%. Institutions hold 97.74% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.45 million shares valued at $2.44 billion. The investor’s holdings represent 12.2405% of the GDDY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.41 million shares valued at $1.87 billion to account for 9.4107 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 7.67 million shares representing 5.3827% and valued at over $1.07 billion, while STATE STREET CORP holds 4.7324 of the shares totaling 6.75 million with a market value of $942.35 million.
Godaddy Inc (GDDY) Insider Activity
#####
Godaddy Inc disclosed in a document filed with the SEC on Nov 11 ’24 that SHARPLES BRIAN (Director) sold a total of 500 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $179.00 per share for $89500.0. Following the transaction, the insider now directly holds 24121.0 shares of the GDDY stock.
Still, SEC filings show that on Nov 11 ’24, BRIAN SHARPLES (Director) Proposed Sale 500 shares at an average price of $179.00 for $89500.0. The insider now directly holds shares of Godaddy Inc (GDDY).
