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GoDaddy's earnings miss projections, while there's a shift in stake by major investors and insider selling.
Sumitomo Mitsui Trust Group Inc. increased its stake in GoDaddy Inc. by 1.5%, while Mirae Asset Global Investments Co. Ltd. reduced its stake by 7.4%.
GoDaddy's earnings per share were $1.27, falling short of expectations by $0.08.
The company's stock has a market cap of $25.65 billion, and analysts project a 6.63 EPS for the year.
GoDaddy insiders have sold $10.98 million worth of shares over the last quarter.
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Las ganancias de GoDaddy faltan a las proyecciones, mientras que hay un cambio en la participación por parte de los principales inversores y la venta de información privilegiada.