On April 1, 2024, Roger Chen, the Chief Operating Officer of GoDaddy Inc (GDDY, Financial), sold 4,000 shares of the company. The transaction was reported in a SEC Filing. Following this transaction, over the past year, Roger Chen has sold a total of 152,753 shares and has not made any purchases of the company's stock.
GoDaddy Inc is a publicly traded company that provides a variety of services for online presence and marketing for small businesses. These services include domain registration, website hosting, and website building tools, among others.
The insider transaction history for GoDaddy Inc shows a pattern of insider sales, with 54 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of GoDaddy Inc were trading at $118.56, resulting in a market capitalization of $17.654 billion. The price-earnings ratio of the stock is 12.93, which is below both the industry median of 26.835 and the company's historical median price-earnings ratio.
According to the GF Value, with a share price of $118.56 and a GuruFocus Value of $96.11, GoDaddy Inc has a price-to-GF-Value ratio of 1.23, indicating that the stock is considered Modestly Overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
