Godaddy Inc (NYSE: GDDY) is 0.91% higher on its value in year-to-date trading and has touched a low of $103.64 and a high of $211.11 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 $197.48 in the last trading session, with the day’s gains setting it 1.69%.
Currently trading at $199.17, the stock is -0.85% and 1.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing 0.86% at the moment leaves the stock 26.19% off its SMA200. GDDY registered 90.23% gain for a year compared to 6-month gain of 34.90%. The firm has a 50-day simple moving average (SMA 50) of $194.715 and a 200-day simple moving average (SMA200) of $157.42924.
The stock witnessed a -4.66% loss in the last 1 month and extending the period to 3 months gives it a 21.39%, and is 1.84% 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 2.48% over the week and 2.24% over the month.
Godaddy Inc (GDDY) has around 6159 employees, a market worth around $27.96B and $4.47B in sales. Current P/E ratio is 15.40 and Fwd P/E is 29.83. Profit margin for the company is 41.80%. Distance from 52-week low is 92.17% and -5.66% 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 7.21% year-over-year. Quarterly sales are estimated to grow 7.18% in year-over-year returns.
1025.0 institutions hold shares in Godaddy Inc (GDDY), with institutional investors hold 98.51% of the company’s shares. The shares outstanding are 140.35M, and float is at 139.56M with Short Float at 2.42%. Institutions hold 97.89% 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 Jan 02 ’25 that SHARPLES BRIAN (Director) sold a total of 500 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $199.01 per share for $99505.0. Following the transaction, the insider now directly holds 23121.0 shares of the GDDY stock.
Still, SEC filings show that on Jan 02 ’25, McCaffrey Mark (Chief Financial Officer) disposed off 5,500 shares at an average price of $199.01 for $1.09 million. The insider now directly holds 84,300 shares of Godaddy Inc (GDDY).
