GoDaddy director Sigal Zarmi sells $34,104 in company stock
GoDaddy director Sigal Zarmi sold 350 shares of the company's Class A Common Stock on September 1, 2026, for a total of $34,104. The sale occurred under a 10b5-1 trading plan and was executed at a price of $97.44 per share. Since then, GoDaddy's stock price has risen to $103.63, marking a 6% increase from the transaction price. Currently, Ms. Zarmi owns 8,283 shares of GoDaddy's Class A Common Stock.
Despite this insider sale, recent InvestingPro analysis indicates that GoDaddy may be undervalued, trading at a P/E ratio of 15.24 and maintaining a strong financial health score. GoDaddy recently reported second-quarter 2026 earnings that exceeded market expectations, with earnings per share of $1.83 and revenue of $1.3 billion.
However, the stock experienced a decline following the announcement as investors analyzed the company's transition towards its new AI platform, Airo, and its cautious outlook for the remainder of the year. Analyst sentiment remains mixed, with some firms maintaining a neutral rating and others downgrading the stock due to concerns about growth trends in core domains and applications.
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