Hedge funds cut NFLX, keep big bets on MSFT, AMZN, add NVDA
GoDaddy (NYSE:GDDY) Inc. NASDAQ:GDDY, the $25.1 billion web hosting giant, is currently trading near $176 per share and appears overvalued according to InvestingPro analysis. Chief Operating Officer Roger Chen sold 1,000 shares of Class A Common Stock on June 16, 2025, at a price of $175.96, for a total transaction value of $175,960.
Following the transaction, Chen directly owns 254,949 shares of GoDaddy Inc. The sale was executed pursuant to a pre-arranged 10b5-1 trading plan. With a "GOOD" Financial Health score and analysts targeting up to $250 per share, InvestingPro subscribers can access 10+ additional exclusive insights about GoDaddy’s valuation and growth prospects through detailed Pro Research Reports.
In other recent news, GoDaddy Inc. reported strong financial results for the first quarter of 2025, with earnings per share (EPS) of $1.51, surpassing analyst expectations of $1.38. The company’s revenue also exceeded projections, reaching $1.2 billion against an expected $1.19 billion. Despite these positive results, GoDaddy’s stock experienced a decline in after-hours trading. Analysts from Cantor Fitzgerald responded by raising their price target for GoDaddy to $190 from $185, maintaining a Neutral rating. Meanwhile, Benchmark analysts reiterated a Buy rating with a $250 price target, noting GoDaddy’s advancements in artificial intelligence and its potential to attract higher-value clients. JPMorgan also increased its price target for GoDaddy to $240, expressing confidence in the company’s long-term growth potential. The firm anticipates revenue growth of 6-8% from 2024 to 2026 and a compound annual growth rate of 20% in free cash flow per share during the same period. These developments highlight the continued interest and varied perspectives among analysts regarding GoDaddy’s future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.