Godaddy Inc’s filing revealed that its Chief Operating Officer Chen Roger unloaded Company’s shares for reported $0.2 million on Jan 15 ’25. In the deal valued at $200.57 per share,1,000 shares were sold. As a result of this transaction, Chen Roger now holds 183,632 shares worth roughly $37.75 million.
Then, McCaffrey Mark sold 480 shares, generating $96,619 in total proceeds. Upon selling the shares at $201.29, the Chief Financial Officer now owns 83,254 shares.
Before that, McCaffrey Mark sold 624 shares. Godaddy Inc shares valued at $88,430 were divested by the Chief Financial Officer at a price of $141.71 per share. As a result of the transaction, McCaffrey Mark now holds 83,734 shares, worth roughly $17.21 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 Tuesday, Godaddy Inc [NYSE:GDDY] saw its stock jump 2.33% to $205.59. Over the last five days, the stock has gained 6.25%. Godaddy Inc shares have risen nearly 4.16% since the year began. Nevertheless, the stocks have risen 91.62% over the past one year. While a 52-week high of $211.11 was reached on 01/21/25, a 52-week low of $106.32 was recorded on 01/13/25. SMA at 50 days reached $197.58, while 200 days put it at $159.03.
Levels Of Support And Resistance For GDDY Stock
The 24-hour chart illustrates a support level at 202.16, which if violated will result in even more drops to 198.74. On the upside, there is a resistance level at 207.88. A further resistance level may holdings at 210.18. The Relative Strength Index (RSI) on the 14-day chart is 60.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.98, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.71%. Stochastics %K at 78.71% 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 2024-12-31, dropping by 18454.0 shares to a total of 3.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.39 million shares. There was a decline of -0.55%, which implies that there is a negative sentiment for the stock.
