Godaddy Inc (GDDY) COO Sells $5,890,000.00 in Stock
Godaddy Inc (NYSE:GDDY) COO Scott Wagner sold 125,000 shares of the company’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $47.12, for a total transaction of $5,890,000.00. Following the transaction, the chief operating officer now owns 128,106 shares in the company, valued at approximately $6,036,354.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Godaddy Inc (NYSE:GDDY) traded up $0.69 during trading hours on Thursday, reaching $46.78. 2,893,800 shares of the company traded hands, compared to its average volume of 1,238,443. The company has a market capitalization of $7,800.00 and a PE ratio of 148.68. Godaddy Inc has a twelve month low of $34.27 and a twelve month high of $51.29. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 5.15.
Several hedge funds have recently made changes to their positions in the company. Teachers Advisors LLC grew its stake in shares of Godaddy by 55.8% during the 1st quarter. Teachers Advisors LLC now owns 96,501 shares of the technology company’s stock valued at $3,657,000 after purchasing an additional 34,575 shares during the period. Dimensional Fund Advisors LP increased its stake in Godaddy by 37.8% in the first quarter. Dimensional Fund Advisors LP now owns 139,990 shares of the technology company’s stock worth $5,305,000 after purchasing an additional 38,370 shares during the period. Morgan Stanley grew its position in shares of Godaddy by 101.2% during the 1st quarter. Morgan Stanley now owns 70,970 shares of the technology company’s stock worth $2,690,000 after buying an additional 35,700 shares in the last quarter. State Street Corp grew its position in shares of Godaddy by 6.2% during the 1st quarter. State Street Corp now owns 591,293 shares of the technology company’s stock worth $22,412,000 after buying an additional 34,704 shares in the last quarter. Finally, Aperio Group LLC grew its position in shares of Godaddy by 5.6% during the 2nd quarter. Aperio Group LLC now owns 6,993 shares of the technology company’s stock worth $297,000 after buying an additional 373 shares in the last quarter. Hedge funds and other institutional investors own 84.26% of the company’s stock.
GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.
Receive News & Ratings for Godaddy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Godaddy Inc and related companies with MarketBeat.com's FREE daily email newsletter.