The stock of Godaddy Inc Class A (NYSE:GDDY) registered an increase of 34.79% in short interest. GDDY’s total short interest was 6.75M shares in March as published by FINRA. Its up 34.79% from 5.01M shares, reported previously. With 2.27 million shares average volume, it will take short sellers 3 days to cover their GDDY’s short positions.
The stock increased 0.40% or $0.3 during the last trading session, reaching $74.95. About 1.32 million shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 34.41% since March 3, 2018 and is uptrending. It has outperformed by 34.41% the S&P500.
GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company has market cap of $13.14 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. It has a 166.56 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
Among 10 analysts covering GoDaddy (NYSE:GDDY), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. GoDaddy had 12 analyst reports since September 14, 2018 according to SRatingsIntel. Piper Jaffray maintained it with “Buy” rating and $97 target in Thursday, February 21 report. Citigroup upgraded GoDaddy Inc. (NYSE:GDDY) on Thursday, October 11 to “Buy” rating. RBC Capital Markets maintained the shares of GDDY in report on Thursday, February 21 with “Buy” rating. The firm has “Overweight” rating by Morgan Stanley given on Thursday, February 21. The rating was maintained by J.P. Morgan with “Hold” on Thursday, February 21. SunTrust maintained it with “Buy” rating and $87 target in Wednesday, February 20 report. On Thursday, February 21 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by JMP Securities with “Buy” on Thursday, February 21. The stock has “Buy” rating by Citigroup on Thursday, February 21. The stock of GoDaddy Inc. (NYSE:GDDY) earned “Buy” rating by Oppenheimer on Thursday, February 21.
More notable recent GoDaddy Inc. (NYSE:GDDY) news were published by: Seekingalpha.com which released: “GoDaddy Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on February 20, 2019, also Prnewswire.com with their article: “GoDaddy Inc. Announces Proposed Sale of Shares of Common Stock – PRNewswire” published on February 25, 2019, Seekingalpha.com published: “GoDaddy proposes sale of shares of common stock – Seeking Alpha” on February 26, 2019. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Benzinga.com and their article: “10 Biggest Price Target Changes For Thursday – Benzinga” published on February 21, 2019 as well as Prnewswire.com‘s news article titled: “Ayesha Curry Unveils New Homemade Website and Brand, Powered by GoDaddy – PRNewswire” with publication date: February 13, 2019.
Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.