Godaddy Inc’s recent filing unveils that its Chief Operating Officer Chen Roger unloaded Company’s shares for reported $0.21 million on Dec 16 ’24. In the deal valued at $207.35 per share,1,000 shares were sold. As a result of this transaction, Chen Roger now holds 184,632 shares worth roughly $36.82 million.
Then, ROGER CHEN bought 1,000 shares, generating $207,350 in total proceeds.
Before that, Palitwanon Phontip sold 1,554 shares. Godaddy Inc shares valued at $316,864 were divested by the Chief Accounting Officer at a price of $203.90 per share. As a result of the transaction, Palitwanon Phontip now holds 21,505 shares, worth roughly $4.29 million.
Piper Sandler downgraded its Godaddy Inc [GDDY] rating to a Neutral from a an Overweight in a research note published on September 23, 2024; the price target was increased to $172 from $160. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in early September with a ‘”a Neutral”‘ rating. B. Riley Securities also remained covering GDDY and reiterated its “Buy” recommendation on July 12, 2024.
Price Performance Review of GDDY
On Monday, Godaddy Inc [NYSE:GDDY] saw its stock fall -1.97% to $199.45. Over the last five days, the stock has lost -2.90%. Godaddy Inc shares have risen nearly 87.88% since the year began. Nevertheless, the stocks have risen 87.52% over the past one year. While a 52-week high of $211.11 was reached on 12/16/24, a 52-week low of $99.90 was recorded on 01/05/24. SMA at 50 days reached $188.44, while 200 days put it at $153.97.
Levels Of Support And Resistance For GDDY Stock
The 24-hour chart illustrates a support level at 196.47, which if violated will result in even more drops to 193.49. On the upside, there is a resistance level at 201.55. A further resistance level may holdings at 203.65. The Relative Strength Index (RSI) on the 14-day chart is 49.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.13%. Stochastics %K at 37.14% indicates the stock is a holding.
How much short interest is there in Godaddy Inc?
A steep rise in short interest was recorded in Godaddy Inc stocks on 2024-12-13, growing by 0.34 million shares to a total of 3.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.9 million shares. There was a rise of 10.35%, which implies that there is a positive sentiment for the stock.
