In a report released today, Clarke Jeffries from Piper Sandler maintained a Buy rating on GoDaddy (GDDY – Research Report), with a price target of $145.00. The company’s shares closed yesterday at $124.33.
According to TipRanks, Jeffries is a 2-star analyst with an average return of 0.0% and a 48.15% success rate. Jeffries covers the Technology sector, focusing on stocks such as Trimble, GoDaddy, and Cadence Design.
In addition to Piper Sandler, GoDaddy also received a Buy from William Blair’s Arjun Bhatia in a report issued today. However, on the same day, Oppenheimer maintained a Hold rating on GoDaddy (NYSE: GDDY).
The company has a one-year high of $127.15 and a one-year low of $67.44. Currently, GoDaddy has an average volume of 1.44M.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GDDY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
GoDaddy (GDDY) Company Description:
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.
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