Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Godaddy Inc shares valued at $99,505 were purchased by BRIAN SHARPLES on Jan 02 ’25. At $199.01 per share, BRIAN SHARPLES acquired 500 shares.
Also, AMANPAL BHUTANI purchased 3,000 shares, netting a total of over 597,030 in proceeds.
Before that, MARK D MCCAFFREY had added 5,500 shares to its account. In a trade valued at $1,094,555, the Officer bought Godaddy Inc shares for $199.01 each.
As published in a research note from Piper Sandler on September 23, 2024, Godaddy Inc [GDDY] has been rated down from an Overweight to a Neutral and the price target has been revised to $172 from $160. Analysts at Cantor Fitzgerald started covering the stock with ‘”a Neutral”‘ outlook in a report released in early September. As of July 12, 2024, B. Riley Securities has reiterated its “Buy” rating for GDDY.
Analyzing GDDY Stock Performance
During the last five days, there has been a drop of approximately -3.79%. Over the course of the year, Godaddy Inc shares have jumped approximately 0.78%. Shares of the company reached a 52-week high of $201.04 on 01/02/25 and a 52-week low of $196.89 on 01/02/25. A 50-day SMA is recorded $189.80, while a 200-day SMA reached $154.77. Nevertheless, trading volume fell to 0.96 million shares from 0.53 million shares the previous day.
Support And Resistance Levels for Godaddy Inc (GDDY)
According to the 24-hour chart, there is a support level at 196.85, which, if violated, would cause prices to drop to 194.80. In the upper region, resistance lies at 201.00. The next price resistance is at 203.09. RSI (Relative Strength Index) is 49.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.54, which suggests the price will decrease in the coming days. Percent R is at 78.61%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
