Sunday , February 26 2017

GoDaddy COO Sells $285,680.00 in Stock

godaddy

Godaddy COO Scott Wagner had sold about 8,000 shares of the Web Hosting Company’s stock in a transaction that happened on Wednesday, 4th January. The stock was traded at an average price of $35.71, for a complete value of $285,680.00. Ensuing the completion of the sale, the main operating officer directly owns about 10,355 shares of the business’s stock, valued at approximately $369,777.05.

Scott Wagner also newly made the following trade:

  • On December 21st, Scott Wagner had sold 8,000 shares of GoDaddy. The stock was vended at an average price of $34.63, for an overall value of $277,040.00.
  • On December 7th, Scott Wagner had sold 8,000 shares of GoDaddy. The stock was sold at an average price of $35.91, for a complete value of $287,280.00.
  • On November 16th, Scott Wagner had sold 8,000 shares of GoDaddy. The stock was sold at a regular price of $33.26, for a whole value of $266,080.00.
  • On November 2nd, Scott Wagner had sold 8,000 shares of GoDaddy. The stock was vended at an average value of $34.94, for a whole value of $279,520.00.
  • On October 19th, Scott Wagner had sold 8,000 shares of GoDaddy. The stock was vended at a normal price of $35.93, for a whole value of $287,440.00.

The company’s market cap is $3.09 billion in the start. GDDY has a one year low of $23.88 and a one year high of $37.40. The business’s 50 day moving average price is $35.38 and its 200-day moving average price is $33.45.

GoDaddy, the Domain Registration Company had previously released its quarterly earnings statistics on November 2nd. The company had stated $0.05 earnings per share (EPS) for the quarter, frosting the Zacks’ consensus approximation of $0.03 by $0.02. GoDaddy had a negative profit on equity of 2.14% and a negative net margin of 0.81%. The commercial had revenue of $472.10 million for the quarter, associated to the consensus estimation of $470.07 million. Through the same quarter in the prior year, the company had posted ($0.04) EPS. The company’s revenue was up 14.8% associated to the same quarter last year. On average, analysts estimate that GoDaddy Inc. will post ($0.05) EPS for the present financial year.

GDDY has been the subject of numerous research reports. Piper Jaffray Companies fixed a $40.00 target price on GDDY and gave the stock a “buy” rating in an investigation note on September 19th. Summit Redstone had initiated coverage on GoDaddy in an investigation note on October 3rd. They delivered a “buy” rating and a $41.00 target value for the Domain Registration Company. Zacks Investment Research upraised GoDaddy from a “hold” rating to a “buy” rating and agreed a $39.00 target worth for the company in a research note on October 5th. Vetr dropped GDDY from a “strong-buy” rating to a “buy” rating and fixed a $39.00 target price for the business in a research note on October 6th. Lastly, Deutsche Bank AG upped their target price on GoDaddy from $39.00 to $42.00 and provided the stock a “buy” rating in a research note, October 18th. One equities research predictor has rated the stock with a sell rating; four have specified a hold rating and thirteen have allotted a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target value of $40.36.

The hedge funds have newly added to or condensed their stocks in GDDY. Acrospire Investment Management LLC improved its stake in GDDY by 1,066.7% in the 2nd quarter. Acrospire Investment Management LLC currently owns 3,500 shares of the business’s stock worth $109,000 after purchasing an extra 3,200 shares through the last quarter. Metropolitan Life Insurance Co. NY boosted its place in shares of GDDY by 97.9% in the 2nd quarter. Metropolitan Life Insurance Co. NY currently owns 3,501 shares of the company’s stock worth $109,000 after buying an additional 1,732 shares during the period. Advisor Group Inc. bought a new position in shares of GoDaddy during the second quarter value about $113,000. Legal & General Group Plc increased its position in shares of GDDY by 8,301.9% in the second quarter. Legal & General Group Plc currently owns 4,537 shares of the business’s stock worth $141,000 after purchasing an extra 4,483 shares through the period. Lastly, The Manufacturers Life Insurance Company bought a new place in shares of GoDaddy through the 3rd quarter worth roughly $157,000.

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