Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Godaddy Inc shares valued at $90,330 were sold by SHARPLES BRIAN on Mar 03 ’25. At $180.66 per share, SHARPLES BRIAN sold 500 shares. The insider’s holdings dropped to 22,121 shares worth approximately $3.9 million following the completion of this transaction.
Also, Bhutani Amanpal Singh sold 3,000 shares, netting a total of over 541,980 in proceeds. Following the sale of shares at $180.66 each, the insider now holds 505,649 shares.
Before that, BRIAN SHARPLES had added 500 shares to its account. In a trade valued at $90,330, the Director bought Godaddy Inc shares for $180.66 each.
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 -0.37%. Over the course of the year, Godaddy Inc shares have dropped approximately -10.68%. Shares of the company reached a 52-week high of $216.00 on 01/30/25 and a 52-week low of $168.87 on 02/24/25. A 50-day SMA is recorded $197.65, while a 200-day SMA reached $169.50.
Support And Resistance Levels for Godaddy Inc (GDDY)
According to the 24-hour chart, there is a support level at 173.84, which, if violated, would cause prices to drop to 171.37. In the upper region, resistance lies at 177.58. The next price resistance is at 178.85. RSI (Relative Strength Index) is 32.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.86, which suggests the price will decrease in the coming days. Percent R is at 83.21%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
