Godaddy Inc Class A (NYSE:GDDY) Sellers Reduced By 2.39% Their Shorts

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Godaddy Inc Class A (NYSE:GDDY) had a decrease of its shares shorted by 2.39%. FINRA published shares shorted of GDDY’s total 5.94M shares. That’s 2.39% down from 6.09M shares. Previous GDDY’s position will need 5 days to restore. It has 1.26M average volume.

Ticker’s shares touched $79.34 during the last trading session after 4.46% change.GoDaddy Inc. is uptrending after having risen 24.16% since April 11, 2018. GDDY has 2.11 million volume or 40.36% up from normal. GDDY outperformed by 19.79% the S&P 500.

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 $14.20 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.The P/E ratio is 176.31. 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

A total of 9 analysts rate GoDaddy (NYSE:GDDY) as follows: 8 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 89% are bullish. (NYSE:GDDY) has 11 ratings reports on Apr 11, 2019 according to StockzIntelligence. The company rating was maintained by SunTrust on Wednesday, February 20. On Thursday, February 21 the stock of GoDaddy Inc. (NYSE:GDDY) earned “Overweight” rating by Barclays Capital. On Thursday, February 21 the firm has “Buy” rating by JMP Securities given. On Thursday, February 21 RBC Capital Markets maintained GoDaddy Inc. (NYSE:GDDY) with “Buy” rating. On Thursday, February 21 the rating was maintained by Morgan Stanley with “Overweight”. On Thursday, February 21 the firm has “Hold” rating given by J.P. Morgan. On Thursday, February 21 the company was maintained by Piper Jaffray. On Thursday, February 21 the firm has “Buy” rating by Citigroup given. In Thursday, February 21 report Oppenheimer maintained it with “Buy” rating and $87 target.

For more GoDaddy Inc. (NYSE:GDDY) news published recently go to: Prnewswire.com, Seekingalpha.com, Seekingalpha.com, Streetinsider.com or Seekingalpha.com. The titles are as follows: “Entrepreneurs Can Now Easily Sell Everywhere with the Launch of GoDaddy Marketplaces – PRNewswire” published on April 10, 2019, “GoDaddy Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on February 20, 2019, “Citi upgrades GoDaddy after correction – Seeking Alpha” with a publish date: October 11, 2018, “GoDaddy (GDDY) Announces Launch of Marketplaces for GoCentral Online Store; Reports Acquisition of Sellbrite – StreetInsider.com” and the last “GoDaddy proposes sale of shares of common stock – Seeking Alpha” with publication date: February 26, 2019.

GoDaddy Inc. (NYSE:GDDY) Analyst Ratings Chart


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