Elser Financial Planning 13F: New $212K Stake in GoDaddy (GDDY)

Elser Financial Planning has opened a new position in GoDaddy Inc. (NYSE: GDDY), acquiring 5,525 shares valued at $211,939 in a filing on October 16, 2026.

What Changed in Elser Financial Planning's GoDaddy Position

Elser Financial Planning's new stake of 5,525 shares marks its first entry into GoDaddy. This purchase is part of the fund's strategy to invest in technology companies, which have shown resilience in the market.

Other Institutional Activity in GoDaddy

Several other institutional investors have also adjusted their positions in GoDaddy. Ameriprise Financial, Inc. grew its holdings by 5,760,460 shares, ending up with 12,057,420 shares valued at approximately $1.28 billion. Blackrock Inc. reduced its stake by 2,869,026 shares and now holds 10,456,688 shares worth about $1.11 billion. Vanguard Capital Management LLC slightly trimmed its position by 74,244 shares, bringing its total to 8,660,318 shares valued at roughly $918 million. These changes reflect a variety of strategies among major funds managing GoDaddy's stock.

GoDaddy Inc. Stock Down 1.9%

GoDaddy shares recently traded around $105.30, which is approximately 7.4% above its 50-day moving average and 14.1% above its 200-day moving average. However, this price is about 23.7% below its 52-week high of $137.93. The stock's market performance suggests potential for growth, especially with analysts expecting a mean target price of $106.75.

Recent Earnings

In its most recent earnings report, GoDaddy generated $5.1 billion in revenue over the trailing twelve months, reflecting a year-over-year growth of 6.6%. The company reported an impressive net margin of 17.8% and a return on equity of 442.9%. The next earnings date is scheduled for October 29, 2026.

Insider Buying and Selling at GoDaddy Inc.

Recent insider activity includes sales by CEO Amanpal Singh Bhutani and CFO Mark D. Mccaffrey, each selling shares on September 2, 2026. Bhutani sold 12,694 shares valued at approximately $1.27 million, while Mccaffrey sold 5,873 shares worth about $592,649. Additional sales were noted from Bhutani and Officer Jared Franklin Sine in early October.

Analysts Set New Price Targets

Analysts have mixed opinions on GoDaddy's stock. On August 3, Citigroup maintained a 'Buy' rating with a price target of $105, while Wedbush also kept its 'Outperform' rating, reducing its target to $93. On October 12, RBC Capital downgraded its rating to 'Sector Perform' and set a target at $95, indicating a cautious outlook.

About GoDaddy

GoDaddy Inc., headquartered in Tempe, Arizona, is a technology company that specializes in cloud-based products for businesses and individuals. It operates in two segments: Applications and Commerce, and Core Platform. This new position from Elser Financial Planning demonstrates an ongoing interest in the technology sector's potential amidst varying analyst outlooks.

Bottom Line

Elser Financial Planning's new investment in GoDaddy adds to the landscape of institutional activity around the stock. As the company prepares for its next earnings report on October 29, investors will be watching for further developments. This filing reflects the fund's positions as of the reporting period and may not represent its current holdings.