2 weeks Ago By Defense World Staff
APG Asset Management N.V. lifted its stake in shares of GoDaddy Inc.
( NYSE:GDDY – Free Report ) by 57.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 499,990 shares of the technology company’s stock after purchasing an additional 181,944 shares during the quarter.
APG Asset Management N.V. owned 0.
35% of GoDaddy worth $65,177,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors have also added to or reduced their stakes in the company. Plato Investment Management Ltd raised its position in GoDaddy by 2,471.
0% in the first quarter. Plato Investment Management Ltd now owns 6,479 shares of the technology company’s stock valued at $769,000 after purchasing an additional 6,227 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its position in GoDaddy by 20.
0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 214,514 shares of the technology company’s stock worth $25,469,000 after buying an additional 35,703 shares during the period. Forsta AP Fonden grew its holdings in GoDaddy by 87.
5% during the 1st quarter. Forsta AP Fonden now owns 84,000 shares of the technology company’s stock worth $9,969,000 after acquiring an additional 39,200 shares during the last quarter. Swedbank AB increased its position in GoDaddy by 3.
5% in the 2nd quarter. Swedbank AB now owns 153,353 shares of the technology company’s stock valued at $21,425,000 after acquiring an additional 5,247 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of GoDaddy by 866.
8% during the first quarter. Allspring Global Investments Holdings LLC now owns 10,335 shares of the technology company’s stock valued at $1,227,000 after acquiring an additional 9,266 shares during the last quarter. 90.
28% of the stock is currently owned by institutional investors and hedge funds. GoDaddy Price Performance GDDY stock opened at $155.63 on Friday.
The company has a debt-to-equity ratio of 24.13, a current ratio of 0.48 and a quick ratio of 0.
48. The company’s 50-day moving average is $155.31 and its 200-day moving average is $139.
98. The stock has a market capitalization of $22.21 billion, a PE ratio of 12.
93 and a beta of 1.13. GoDaddy Inc.
has a 1 year low of $71.15 and a 1 year high of $167.65.
Wall Street Analyst Weigh In A number of analysts recently weighed in on GDDY shares. Robert W. Baird increased their price objective on GoDaddy from $175.
00 to $190.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Piper Sandler reissued a “neutral” rating and issued a $172.
00 price target (up previously from $160.00) on shares of GoDaddy in a research note on Monday. Citigroup lifted their price objective on GoDaddy from $150.
00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, May 31st. Cantor Fitzgerald reissued a “neutral” rating and set a $170.
00 target price on shares of GoDaddy in a research report on Monday. Finally, Raymond James boosted their price target on shares of GoDaddy from $150.00 to $175.
00 and gave the stock a “strong-buy” rating in a research report on Friday, August 2nd. Six analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and an average target price of $166.54. Check Out Our Latest Report on GDDY Insider Buying and Selling In other news, COO Roger Chen sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th.
The stock was sold at an average price of $152.17, for a total value of $152,170.00.
Following the transaction, the chief operating officer now owns 187,632 shares in the company, valued at $28,551,961.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
In other news, COO Roger Chen sold 1,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $152.17, for a total value of $152,170.
00. Following the completion of the sale, the chief operating officer now owns 187,632 shares in the company, valued at $28,551,961.44.
The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, CFO Mark Mccaffrey sold 5,500 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $164.
75, for a total transaction of $906,125.00. Following the transaction, the chief financial officer now directly owns 101,286 shares in the company, valued at $16,686,868.
50. The disclosure for this sale can be found here . Insiders have sold 31,744 shares of company stock worth $4,816,386 in the last quarter.
Insiders own 0.61% of the company’s stock. GoDaddy Profile ( 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. Further Reading Five stocks we like better than GoDaddy Trading Stocks: RSI and Why it’s Useful Rocket Lab Stock Soars: Should Investors Chase the Rally? Low PE Growth Stocks: Unlocking Investment Opportunities KB Home Slips After Earnings: What’s Next for Homebuilders? 3 Healthcare Dividend Stocks to Buy Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Receive News & Ratings for GoDaddy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy and related companies with MarketBeat.
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