Godaddy Inc Class A (NYSE:GDDY) Shares Shorted Decreased By 2.39%


It was recorded a decrease on Godaddy Inc Class A (NYSE:GDDY)’s short interest with 2.39%. FINRA issued in April GDDY’s total 5.94M short interest. The down change of 2.39% from 6.09 million shares was reported. 5 days will cost GDDY with 1.26 million average volume to recover its previous position.

Lastly it traded at $75.19.It’s uptrending since April 1, 2018 and is 24.16% down. GDDY outperformed the S&P 500 by 19.79%.

GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally.The firm is worth $13.46 billion. It provides domain name registration product that enables to engage clients at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security.167.09 is the P/E ratio. The firm also offers Website builder, an online tool that enables clients to build Websites; online store product that allows clients to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps clients get their Websites found on search sites through search engine optimization.

GoDaddy Inc. (NYSE:GDDY) Ratings Coverage

In total 9 analysts cover GoDaddy (NYSE:GDDY). “Buy” rating has 8, “Sell” are 0, while 1 are “Hold”. 89% are bullish. 12 are the (NYSE:GDDY)’s analyst reports since October 11, 2018 according to StockzIntelligence Inc. On Thursday, February 21 the firm earned “Buy” rating by RBC Capital Markets. On Wednesday, February 20 the firm has “Buy” rating given by SunTrust. On Thursday, February 21 Citigroup maintained the shares of GDDY in report with “Buy” rating. On Thursday, February 21 the firm has “Overweight” rating given by Barclays Capital. In Thursday, February 21 report Piper Jaffray maintained the stock with “Buy” rating. On Thursday, February 21 the rating was maintained by JMP Securities with “Buy”. In Thursday, February 21 report Oppenheimer maintained it with “Buy” rating and $87 target. On Thursday, October 11 the company was upgraded by Citigroup. On Thursday, February 21 the firm earned “Overweight” rating by Morgan Stanley. In Thursday, February 21 report J.P. Morgan maintained it with “Hold” rating and $83 target.

For more GoDaddy Inc. (NYSE:GDDY) news released recently go to: Seekingalpha.com, Bizjournals.com, Nasdaq.com, Seekingalpha.com or 247Wallst.com. The titles are as follows: “GoDaddy -4 despite Q2 beats, upside guide; net income attributable down Y/Y – Seeking Alpha” released on August 02, 2018, “8 Arizona companies ranked on annual Corporate Equality Index – Phoenix Business Journal” on March 31, 2019, “GoDaddy Stock: 8 Things to Know About GDDY Earnings – Nasdaq” with a publish date: November 06, 2018, “Citi upgrades GoDaddy after correction – Seeking Alpha” and the last “Morgan Stanley Picks 30 Stocks for 2021 – 24/7 Wall St.” with publication date: March 15, 2019.


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