The CLO of GoDaddy (GDDY) is Selling Shares


Today, the CLO of GoDaddy (GDDY), Nima Kelly, sold shares of GDDY for $41.97K.

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Based on GoDaddy’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $680 million and quarterly net profit of $13.2 million. In comparison, last year the company earned revenue of $582 million and had a GAAP net loss of $14.3 million. GDDY’s market cap is $10.59B and the company has a P/E ratio of 123.41. Currently, GoDaddy has an average volume of 1.15M.

Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $87.70, reflecting a 34.5% upside. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy GDDY with a $82 price target.

The insider sentiment on GoDaddy has been negative according to 133 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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GoDaddy, Inc. engages in the provision of domain name registration and web hosting services. It provides website building, hosting, and security tools. The company was founded by Robert R. Parsons on January 1997 and is headquartered in Scottsdale, AZ.

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