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GoDaddy Inc. (NYSE:GDDY – Get Rating) insider Michele Lau sold 456 shares of GoDaddy stock in a transaction dated Wednesday, November 2nd. The shares were sold at an average price of $76.81, for a total value of $35,025.36. Following the transaction, the insider now directly owns 62,553 shares in the company, valued at $4,804,695.93. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
GoDaddy Stock Down 7.0 %
NYSE GDDY traded down $5.12 during trading hours on Friday, reaching $67.53. The company’s stock had a trading volume of 3,380,665 shares, compared to its average volume of 1,336,146. The firm’s 50-day moving average price is $75.09 and its 200-day moving average price is $74.88. GoDaddy Inc. has a 1 year low of $64.65 and a 1 year high of $88.32. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 32.62, a PEG ratio of 2.40 and a beta of 0.95.
GoDaddy (NYSE:GDDY – Get Rating) last released its quarterly earnings data on Wednesday, August 3rd. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.09. GoDaddy had a negative return on equity of 147.44% and a net margin of 8.58%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. Equities research analysts anticipate that GoDaddy Inc. will post 2.2 EPS for the current fiscal year.
Institutional Trading of GoDaddy
A number of large investors have recently added to or reduced their stakes in the company. Park Avenue Securities LLC increased its position in shares of GoDaddy by 2.0% during the 3rd quarter. Park Avenue Securities LLC now owns 7,120 shares of the technology company’s stock valued at $505,000 after purchasing an additional 139 shares during the last quarter. Ieq Capital LLC lifted its holdings in shares of GoDaddy by 4.6% in the 3rd quarter. Ieq Capital LLC now owns 3,247…
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