From MarketBeat:



Summit Global Investments has decreased its position in GoDaddy Inc. According to the company’s latest disclosure, the institutional investor owned 3,449 shares of GoDaddy’s stock after selling 97% of its stake. A number of other institutional investors have also added to or reduced their stakes in GoDaddy. Additionally, GoDaddy has been the subject of several analyst reports recently.

Shares of GoDaddy (NYSE:GDDY) opened at $106.51. The technology company also reported its quarterly earnings data, beating analysts’ consensus estimates. GoDaddy Inc. engages in the design and development of cloud-based products and operates through two segments: Applications and Commerce and Core Platform.

In other news, GoDaddy insiders have sold a total of 135,464 shares of company stock valued at $12,102,277 in the last ninety days. Finally, National Bank of Canada FI increased its holdings in shares of GoDaddy by 3,899.4% during the third quarter. Institutional investors own 95.03% of the company’s stock. Overall, the consensus rating for GoDaddy’s stock is “Moderate Buy.”



Read more: Summit Global Investments Sells 113,386 Shares of GoDaddy Inc. (NYSE:GDDY)