The COO and President of GoDaddy is Exercising Options

By Carrie Williams

Today, the COO and President of GoDaddy, Scott Wagner, exercised options of GoDaddy for $5.89M.

In addition to Scott Wagner, 2 other GDDY executives reported Sell trades in the last month.

Based on GoDaddy’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $582 million and GAAP net loss of $14.3 million. In comparison, last year the company earned revenue of $472 million and had a net profit of $4.8 million. The company has a one-year high of $51.29 and a one-year low of $34.27. Currently, GoDaddy has an average volume of 2.57M.

Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $52.43, reflecting a -8.2% downside.

The insider sentiment on GoDaddy has been negative according to 150 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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GoDaddy, Inc. engages in the provision of domain name registration and web hosting services. It provides website building, hosting, and security tools. The company was founded by Robert R. Parsons on January 1997 and is headquartered in Scottsdale, AZ.