GoDaddy strategy chief sells $117,800 in company stock

Jared F. Sine, GoDaddy’s Chief Strategy & Legal Officer, sold 1,000 shares of the company’s Class A common stock on November 2. The shares were sold for $117.80 each, bringing the transaction total to $117,800.

The sale was made under a 10b5-1 trading plan. After the transaction, Sine directly beneficially owned 69,164 GoDaddy shares.

GoDaddy recently reported third-quarter 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 attributed growth in part to increased adoption of its Airo product. Applications & Commerce revenue rose about 9%, while Core Platform revenue increased roughly 4%.

Sources: Investing.com News.