GoDaddy CEO and director Amanpal Singh Bhutani sold 4,500 shares of the company’s Class A common stock on November 2, 2026. The shares were sold for $117.80 each, bringing the transaction’s total value to $530,100. The sale was made under a pre-arranged 10b5-1 trading plan.
After the transaction, Bhutani directly held 495,553 GoDaddy shares. The company’s stock had gained 35% over the previous six months, according to the information provided, and was trading at $118.32.
GoDaddy recently reported third-quarter 2026 adjusted earnings of $2.08 per share on revenue of $1.34 billion, exceeding forecasts of $1.89 per share and $1.32 billion. The company said adoption of its Airo product contributed to bookings, revenue and margins. Revenue rose 6% year over year, with Applications & Commerce up about 9% and Core Platform up roughly 4%.
Following the results, UBS raised its price target for GoDaddy from $100 to $112 and kept its rating at Neutral.
Sources: Investing.com News.