Godaddy Inc’s recently made public that its Director SHARPLES BRIAN unloaded Company’s shares for reported $99505.0 on Jan 02 ’25. In the deal valued at $199.01 per share,500 shares were sold. As a result of this transaction, SHARPLES BRIAN now holds 23,121 shares worth roughly $4.47 million.
Then, McCaffrey Mark sold 5,500 shares, generating $1,094,555 in total proceeds. Upon selling the shares at $199.01, the Chief Financial Officer now owns 84,300 shares.
Before that, Bhutani Amanpal Singh sold 3,000 shares. Godaddy Inc shares valued at $597,030 were divested by the Chief Executive Officer at a price of $199.01 per share. As a result of the transaction, Bhutani Amanpal Singh now holds 333,153 shares, worth roughly $64.46 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 jump 0.33% to $193.49. Over the last five days, the stock has lost -3.44%. Godaddy Inc shares have fallen nearly -1.97% since the year began. Nevertheless, the stocks have risen 84.80% over the past one year. While a 52-week high of $211.11 was reached on 01/03/25, a 52-week low of $103.10 was recorded on 01/13/25. SMA at 50 days reached $194.00, while 200 days put it at $157.05.
Levels Of Support And Resistance For GDDY Stock
The 24-hour chart illustrates a support level at 190.72, which if violated will result in even more drops to 187.96. On the upside, there is a resistance level at 194.98. A further resistance level may holdings at 196.48. The Relative Strength Index (RSI) on the 14-day chart is 41.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.98%. Stochastics %K at 17.72% indicates the stock is a buying.
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.
