Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of GoDaddy Inc. (NYSE:GDDY). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $15,001 and $50,000 in GoDaddy stock on April 1st. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 4/1/2025.
- Sold $1,001 - $15,000 in shares of W. R. Berkley NYSE: WRB on 4/1/2025.
- Purchased $1,001 - $15,000 in shares of Ford Motor NYSE: F on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 3/31/2025.
- Purchased $1,001 - $15,000 in shares of Boeing NYSE: BA on 3/31/2025.
- Sold $1,001 - $15,000 in shares of Hologic NASDAQ: HOLX on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 3/31/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/31/2025.
- Sold $1,001 - $15,000 in shares of Viatris NASDAQ: VTRS on 3/31/2025.
GoDaddy Stock Performance
Shares of NYSE GDDY traded up $3.06 during trading on Friday, reaching $172.06. 2,360,607 shares of the company traded hands, compared to its average volume of 1,457,891. The firm has a 50 day simple moving average of $180.85 and a 200-day simple moving average of $185.53. GoDaddy Inc. has a 52-week low of $119.76 and a 52-week high of $216.00. The stock has a market capitalization of $24.32 billion, a PE ratio of 26.68 and a beta of 1.19. The company has a quick ratio of 0.56, a current ratio of 0.72 and a debt-to-equity ratio of 5.46.
GoDaddy (NYSE:GDDY - Get Free Report) last posted its earnings results on Thursday, February 13th. The technology company reported $1.42 EPS for the quarter, missing analysts' consensus estimates of $1.43 by ($0.01). The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.18 billion. GoDaddy had a return on equity of 176.06% and a net margin of 20.49%. Equities research analysts anticipate that GoDaddy Inc. will post 6.63 earnings per share for the current year.
Hedge Funds Weigh In On GoDaddy
A number of institutional investors and hedge funds have recently made changes to their positions in GDDY. WCM Investment Management LLC increased its stake in GoDaddy by 7,083.4% during the fourth quarter. WCM Investment Management LLC now owns 3,404,066 shares of the technology company's stock worth $678,941,000 after acquiring an additional 3,356,678 shares during the last quarter. Norges Bank purchased a new position in shares of GoDaddy in the 4th quarter worth approximately $356,038,000. Canada Pension Plan Investment Board raised its holdings in GoDaddy by 107.8% during the 4th quarter. Canada Pension Plan Investment Board now owns 1,386,137 shares of the technology company's stock valued at $273,582,000 after buying an additional 719,000 shares during the period. Congress Asset Management Co. purchased a new stake in GoDaddy during the 4th quarter valued at $111,923,000. Finally, GAMMA Investing LLC boosted its stake in GoDaddy by 18,248.7% during the first quarter. GAMMA Investing LLC now owns 513,579 shares of the technology company's stock worth $92,516,000 after buying an additional 510,780 shares during the period. 90.28% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at GoDaddy
In other GoDaddy news, COO Roger Chen sold 1,000 shares of the firm's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $200.57, for a total value of $200,570.00. Following the completion of the sale, the chief operating officer now owns 183,632 shares of the company's stock, valued at $36,831,070.24. This trade represents a 0.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Brian Sharples sold 500 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $207.70, for a total value of $103,850.00. Following the transaction, the director now directly owns 22,621 shares in the company, valued at approximately $4,698,381.70. This represents a 2.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,000 shares of company stock worth $3,546,970 over the last quarter. Insiders own 0.61% of the company's stock.
Wall Street Analyst Weigh In
GDDY has been the subject of a number of recent research reports. Citigroup boosted their price target on GoDaddy from $240.00 to $251.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Benchmark boosted their price target on GoDaddy from $200.00 to $230.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Piper Sandler raised their price objective on GoDaddy from $176.00 to $177.00 and gave the stock a "neutral" rating in a research note on Friday, February 14th. UBS Group increased their target price on shares of GoDaddy from $172.00 to $225.00 and gave the stock a "neutral" rating in a report on Friday, February 14th. Finally, Morgan Stanley lifted their price target on shares of GoDaddy from $227.00 to $228.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Eight investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $212.20.
Check Out Our Latest Report on GDDY
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About GoDaddy
(
Get Free Report)
GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.
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