Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Godaddy Inc shares valued at $194,280 were sold by Chen Roger on Feb 14 ’25. At $194.28 per share, Chen Roger sold 1,000 shares. The insider’s holdings dropped to 182,632 shares worth approximately $32.25 million following the completion of this transaction.
Also, ROGER CHEN purchased 1,000 shares, netting a total of over 194,280 in proceeds.
Before that, SHARPLES BRIAN had sold 500 shares from its account. In a trade valued at $103,850, the Director traded Godaddy Inc shares for $207.70 each. Upon closing the transaction, the insider’s holdings decreased to 500 shares, worth approximately $3.99 million.
As published in their initiating research note from Wells Fargo on February 03, 2025, Godaddy Inc [GDDY] has been an Equal weight and the price target has been revised to $198. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late September. As of September 05, 2024, Cantor Fitzgerald has initiated its “Neutral” rating for GDDY. Earlier on July 12, 2024, B. Riley Securities resumed its rating. Their recommendation was “a Buy” for GDDY stock.
Analyzing GDDY Stock Performance
During the last five days, there has been a drop of approximately -14.92%. Over the course of the year, Godaddy Inc shares have dropped approximately -10.54%. Shares of the company reached a 52-week high of $216.00 on 01/30/25 and a 52-week low of $174.16 on 02/20/25. A 50-day SMA is recorded $203.03, while a 200-day SMA reached $167.48. Nevertheless, trading volume fell to 1.6 million shares from 2.17 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 174.40, which, if violated, would cause prices to drop to 172.23. In the upper region, resistance lies at 178.50. The next price resistance is at 180.43. RSI (Relative Strength Index) is 25.75 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -23.53, which suggests the price will decrease in the coming days. Percent R is at 94.21%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
