New insider activity at GoDaddy ( (GDDY) ) has taken place on March 7, 2025.
In recent transactions involving GoDaddy stock, CAO Phontip Palitwanon sold 679 shares, amounting to $118,220. Director Amanpal Singh Bhutani made a significant move by selling 58,702 shares, totaling $10,220,605. Additionally, CFO Mark McCaffrey sold 28,861 shares, with the sale valued at $5,024,988.
Recent Updates on GDDY stock
GoDaddy’s recent earnings call highlighted both achievements and challenges, with significant growth in the applications and commerce segment and the successful launch of the Aero initiative. The company reported record annual bookings of $5 billion and an 8% increase in annual revenue, driven by a 16% rise in the applications and commerce segment. However, challenges such as a declining customer base and slow growth in the core platform segment were noted. Analysts have raised GoDaddy’s price targets, citing strong revenue growth and profitability metrics. UBS raised its target due to conservative fiscal 2025 nEBITDA margin guidance and a strategic shift towards presence products. B. Riley increased its target following better-than-expected Q4 results, anticipating growth from bundling and pricing initiatives. Piper Sandler’s target adjustment reflects expectations of mid-teens growth in the applications and commerce segment, despite concerns over monetization and bundling efforts potentially lagging in recognized revenue.
More about GoDaddy
YTD Price Performance: -11.37%
Average Trading Volume: 1,352,190
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $24.94B