Godaddy Inc (NYSE: GDDY) is -16.69% lower on its value in year-to-date trading and has touched a low of $119.76 and a high of $216.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GDDY stock was last observed hovering at around $177.67 in the last trading session, with the day’s loss setting it -13.25%.
Currently trading at $164.42, the stock is -7.75% and -12.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing -7.46% at the moment leaves the stock -5.39% off its SMA200. GDDY registered 32.69% gain for a year compared to 6-month gain of 6.11%. The firm has a 50-day simple moving average (SMA 50) of $187.4918 and a 200-day simple moving average (SMA200) of $173.79565.
The stock witnessed a -4.48% loss in the last 1 month and extending the period to 3 months gives it a -17.34%, and is -8.08% down 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 3.50% over the week and 2.68% over the month.
Godaddy Inc (GDDY) has around 5518 employees, a market worth around $23.24B and $4.57B in sales. Current P/E ratio is 25.48 and Fwd P/E is 20.63. Profit margin for the company is 20.50%. Distance from 52-week low is 37.29% and -23.88% from its 52-week high. The company has generated returns on investments over the last 12 months (20.60%).
with sales reaching $1.19B over the same period.The EPS is expected to grow by 0.02% this year, but quarterly earnings will post 7.48% year-over-year. Quarterly sales are estimated to grow 7.27% in year-over-year returns.
Godaddy Inc (GDDY) Top Institutional Holders
1109.0 institutions hold shares in Godaddy Inc (GDDY), with institutional investors hold 99.63% of the company’s shares. The shares outstanding are 141.21M, and float is at 140.31M with Short Float at 1.93%. Institutions hold 98.90% 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 9.4946 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 7.67 million shares representing 5.4307% and valued at over $1.07 billion, while STATE STREET CORP holds 4.7746 of the shares totaling 6.75 million with a market value of $942.35 million.
Godaddy Inc (GDDY) Insider Activity
The most recent transaction is an insider sale by McCaffrey Mark, the company’s Chief Financial Officer. SEC filings show that McCaffrey Mark sold 5,500 shares of the company’s common stock on Apr 01 ’25 at a price of $179.85 per share for a total of $0.99 million. Following the sale, the insider now owns 0.12 million shares.
Godaddy Inc disclosed in a document filed with the SEC on Apr 02 ’25 that McCaffrey Mark (Chief Financial Officer) sold a total of 625 shares of the company’s common stock. The trade occurred on Apr 02 ’25 and was made at $179.61 per share for $0.11 million. Following the transaction, the insider now directly holds 0.11 million shares of the GDDY stock.
Still, SEC filings show that on Apr 01 ’25, Bhutani Amanpal Singh (Chief Executive Officer) disposed off 3,000 shares at an average price of $179.85 for $0.54 million. The insider now directly holds 443,947 shares of Godaddy Inc (GDDY).
