106%+ returns, 97% win rate: A fresh list of AI-picked stock is out NOW
Brian Sharples, a director at GoDaddy Inc. (NYSE:GDDY), recently sold 500 shares of the company’s Class A Common Stock. The sale comes as GoDaddy’s stock trades near its 52-week high, having delivered an impressive 91.66% return over the past year. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. The transaction, executed on February 3, 2025, was conducted at a price of $207.70 per share, amounting to a total sale value of $103,850. Following this sale, Sharples retains ownership of 22,621 shares in the company. The sale was carried out under a pre-established 10b5-1 trading plan, as noted in the filing. For comprehensive insider trading analysis and 15+ additional ProTips, unlock the full GoDaddy research report on InvestingPro.
In other recent news, GoDaddy Inc has been a focal point of various analyst reports. Piper Sandler maintained a Neutral rating for GoDaddy with a target of $176, expressing concerns regarding the sustainability of the stock’s recent performance. Meanwhile, Wells Fargo (NYSE:WFC) initiated coverage on GoDaddy with an Equal Weight rating and a price target of $198, noting the company’s significant growth in its Applications & Commerce segment.
Citi maintained a Buy rating on GoDaddy with a robust price target of $251, anticipating strong bookings in 2025. The firm also highlighted the potential impact of the introduction of Airo Plus and the company’s target to reach a 33% NEBITDA margin by 2026. Baird also remained bullish on GoDaddy, maintaining an Outperform rating and raising the stock’s target to $250 after gaining insights from an investor dinner.
In addition, GoDaddy recently completed a $1.46 billion refinancing deal, replacing existing loans with a new tranche set to mature in 2029. This move is part of the company’s efforts to optimize its capital structure and reduce its cost of capital. These are the latest developments surrounding GoDaddy, providing investors with a snapshot of the company’s recent performance and future prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.