Sunday , February 25 2018

Godaddy CFO Sells $365,928.21 in Stock

 Godaddy Chief Financial Officer Raymond E. Winborne, Jr. sold a  total transaction of $365,928.21 in stock and Capital International Inc. CA acquired a new stake in Godaddy valued at $283,000.

The traded Internet Domain Register and the web hosting company Godaddy Chief Financial Officer Raymond E. Winborne, Jr. sold 9,941 shares of the business’s stock in a transaction on Wednesday, March 1st. The shares were sold at an average price of $36.81, for a total transaction of $365,928.21. Following the sale, the CFO now owns 27,749 shares of the company’s stock, which values at approximately $1,021,440.69. The transaction was revealed in a legal filing with the Securities and Exchange Commission.

GoDaddy

On Monday Godaddy Inc (NYSE: GDDY) opened at 36.29. The company’s market capital is $3.21 billion. The company has a 50 day moving average is $36.07 and its 200-day moving average is $34.86. The company has a 52-week low of $28.11 and a 52-week high of $37.61.

 

Several large shareholders have recently bought and sold shares of the stock.

The below is the list of shareholders:

  • Norges Bank acquired a new stake in Godaddy during the fourth quarter valued at $15,881,000.
  • Putnam Investments LLC boosted its stake in Godaddy by 408.9% in the fourth quarter. Putnam Investments LLC now owns 440,799 shares of the company’s stock valued at $15,406,000 after buying an additional 354,174 shares in the last quarter.
  • Teachers Retirement System of The State of Kentucky acquired a new stake in Godaddy during the fourth quarter valued at $4,935,000.
  • Capital Guardian Trust Co. acquired a new stake in Godaddy during the fourth quarter valued at $13,784,000.
  • Finally, Capital International Inc. CA acquired a new stake in Godaddy during the fourth quarter valued at $283,000.

Godaddy Shares

Several equities analysts have recently commented on the shares of the company. Cantor Fitzgerald restated an “overweight” rating and set a $42.00 price target on shares of the company in a research report on Wednesday, December 28th. Zacks Investment Research lowered shares of the company from a “hold” rating to a “sell” rating in a research report on Tuesday, January 10th. Piper Jaffray Companies set a $50.00 price target on shares of Godaddy and gave the stock a “buy” rating in a research report on Monday, November 21st. RBC Capital Markets set a $40.00 price target on shares of Godaddy and gave the stock a “buy” rating in a research report on Tuesday, February 14th.

Finally, B. Riley upgraded shares of Godaddy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $35.32 to $45.00 in a research report on Tuesday, November 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company.  At present, the company has a consensus rating of “Buy” and an agreement target price of $40.54.

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Godaddy CFO Sells $365,928.21 in Stock
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