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GoDaddy Inc. (NYSE:GDDY – Get Rating) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 3,540,000 shares, a growth of 26.9% from the November 30th total of 2,790,000 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 887,800 shares, the short-interest ratio is presently 4.0 days.
Insider Buying and Selling at GoDaddy
In other GoDaddy news, CAO Nick Daddario sold 565 shares of the stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $76.81, for a total value of $43,397.65. Following the sale, the chief accounting officer now owns 14,999 shares of the company’s stock, valued at approximately $1,152,073.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CAO Nick Daddario sold 565 shares of the firm’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $76.81, for a total transaction of $43,397.65. Following the sale, the chief accounting officer now owns 14,999 shares of the company’s stock, valued at approximately $1,152,073.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Amanpal Singh Bhutani sold 1,511 shares of the firm’s stock in a transaction dated Friday, December 2nd. The stock was sold at an average price of $78.54, for a total value of $118,673.94. Following the sale, the chief executive officer now directly owns 215,539 shares in the company, valued at approximately $16,928,433.06. The disclosure for this sale can be found here. Insiders have sold 6,478 shares of company stock valued at $488,911 in the last quarter. Corporate insiders own 0.37% of the company’s stock.
Institutional Trading of GoDaddy
Institutional investors have recently modified their holdings of the business. Achmea…
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