GoDaddy shares slide as investors digest equity-plan dilution and fresh insider-sale disclosure

GoDaddy Inc. (GDDY) is down 6.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to renewed dilution and insider-sentiment concerns after shareholders approved an expansion of GoDaddy’s equity incentive plan and the market circulated recent executive stock-sale disclosures. With the stock already sensitive to growth and guidance worries, these governance-related updates may have amplified downside pressure.

Details:

GoDaddy’s 2026 proxy materials described a proposal to amend and restate its 2024 omnibus incentive plan, increasing the share pool available for equity awards by 3,116,000 shares (the proxy also characterized the incremental dilution as about 2.3% on a fully diluted basis as of March 31, 2026).

Following the June 3, 2026 annual meeting, shareholders approved the expanded equity incentive plan, which can raise perceived dilution risk even when tied to employee compensation.

A recent Form 4 disclosure showed CEO Aman Bhutani sold 8,373 shares on June 2, 2026 at $89.86 (about $752k); the disclosure noted the sale was to cover tax withholding tied to RSU vesting, but such headlines can still weigh on near-term sentiment.

This move could also reflect continued investor caution after earlier 2026 guidance commentary that disappointed some market participants, leaving the stock more reactive to incremental negative catalysts.

Sources:

U.S. SEC, TipRanks, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$GDDY Insider Trading Activity

$GDDY insiders have traded $GDDY stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.

Here’s a breakdown of recent trading of $GDDY stock by insiders over the last 6 months:

AMANPAL SINGH BHUTANI (Chief Executive Officer) has made 0 purchases and 3 sales selling 47,752 shares for an estimated $4,250,667.
MARK MCCAFFREY (Chief Financial Officer) has made 0 purchases and 5 sales selling 27,287 shares for an estimated $2,407,679.
JARED F. SINE (Chief Strategy & Legal Officer) has made 0 purchases and 6 sales selling 10,375 shares for an estimated $895,281.
PHONTIP PALITWANON (Chief Accounting Officer) has made 0 purchases and 4 sales selling 2,630 shares for an estimated $235,148.
LEAH SWEET sold 650 shares for an estimated $56,459
SIGAL ZARMI sold 350 shares for an estimated $30,744

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$GDDY Hedge Fund Activity

We have seen 314 institutional investors add shares of $GDDY stock to their portfolio, and 447 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AMERIPRISE FINANCIAL INC added 2,388,459 shares (+61.1%) to their portfolio in Q1 2026, for an estimated $197,453,905
AQR CAPITAL MANAGEMENT LLC removed 1,872,033 shares (-62.6%) from their portfolio in Q1 2026, for an estimated $154,760,968
TWO SIGMA INVESTMENTS, LP added 1,856,228 shares (+111.6%) to their portfolio in Q1 2026, for an estimated $153,454,368
ACADIAN ASSET MANAGEMENT LLC added 1,773,999 shares (+195.8%) to their portfolio in Q1 2026, for an estimated $146,656,497
JANUS HENDERSON GROUP PLC removed 1,203,701 shares (-98.7%) from their portfolio in Q4 2025, for an estimated $149,355,220
CANADA PENSION PLAN INVESTMENT BOARD removed 1,177,841 shares (-59.0%) from their portfolio in Q1 2026, for an estimated $97,372,115
PRICE T ROWE ASSOCIATES INC /MD/ removed 876,526 shares (-32.1%) from their portfolio in Q1 2026, for an estimated $72,462,404

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$GDDY Congressional Stock Trading

Members of Congress have traded $GDDY stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $GDDY stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 2 purchases worth up to $30,000 on 04/14, 02/10 and 1 sale worth up to $15,000 on 03/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$GDDY Price Targets

Multiple analysts have issued price targets for $GDDY recently. We have seen 12 analysts offer price targets for $GDDY in the last 6 months, with a median target of $100.0.

Here are some recent targets:

Chris Kuntarich from UBS set a target price of $100.0 on 05/05/2026
Alexei Gogolev from JP Morgan set a target price of $154.0 on 05/01/2026
Alec Brondolo from Wells Fargo set a target price of $83.0 on 05/01/2026
Mark Zgutowicz from Benchmark set a target price of $185.0 on 04/28/2026
James Callahan from Piper Sandler set a target price of $93.0 on 03/12/2026
Trevor Young from Barclays set a target price of $118.0 on 02/26/2026
Mark Mahaney from Evercore ISI Group set a target price of $95.0 on 02/26/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.