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GoDaddy Inc. (GDDY) Touches $70.29 High on May, 17; Ulysses Management Lifted Blackhawk Network Hldgs (HAWK) Holding By $5.02 Million

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The stock of GoDaddy Inc. (NYSE:GDDY) reached all time high today, May, 17 and still has $74.50 target or 6.00% above today’s $70.29 share price. This indicates more upside for the $12.01B company. This technical setup was reported by Barchart.com. If the $74.50 PT is reached, the company will be worth $720.42 million more. The stock increased 0.68% or $0.475 during the last trading session, reaching $70.285. About 304,367 shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 64.62% since May 17, 2017 and is uptrending. It has outperformed by 53.07% the S&P500.

Ulysses Management Llc increased Blackhawk Network Hldgs (HAWK) stake by 50.51% reported in 2017Q4 SEC filing. Ulysses Management Llc acquired 143,500 shares as Blackhawk Network Hldgs (HAWK)’s stock rose 32.05%. The Ulysses Management Llc holds 427,600 shares with $15.24M value, up from 284,100 last quarter. Blackhawk Network Hldgs now has $2.45B valuation. The stock increased 0.06% or $0.02 during the last trading session, reaching $44.92. About 36,273 shares traded. Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has risen 17.17% since May 17, 2017 and is uptrending. It has outperformed by 5.62% the S&P500.

Ulysses Management Llc decreased Triumph Bancorp Inc stake by 75,000 shares to 90,000 valued at $2.84 million in 2017Q4. It also reduced Iac Interactivecorp (NASDAQ:IACI) stake by 45,000 shares and now owns 154,622 shares. Ebay Inc (NASDAQ:EBAY) was reduced too.

More recent Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) news were published by: Benzinga.com which released: “Argus Downgrades Blackhawk Network Following Rally Triggered By Go-Private Announcement” on April 25, 2018. Also Streetinsider.com published the news titled: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” on May 15, 2018. Globenewswire.com‘s news article titled: “Blackhawk Announces First Quarter 2018 Financial Results” with publication date: May 01, 2018 was also an interesting one.

Among 14 analysts covering Blackhawk Network Holdings (NASDAQ:HAWK), 2 have Buy rating, 0 Sell and 12 Hold. Therefore 14% are positive. Blackhawk Network Holdings had 41 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, December 11 by Deutsche Bank. The company was maintained on Thursday, February 25 by Wedbush. The firm earned “Market Perform” rating on Thursday, October 12 by Raymond James. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has “Outperform” rating given on Tuesday, September 12 by BMO Capital Markets. On Wednesday, January 17 the stock rating was maintained by Credit Suisse with “Hold”. The firm has “Neutral” rating by Bank of America given on Friday, October 7. The rating was maintained by Mizuho on Monday, February 26 with “Hold”. The firm has “Buy” rating given on Thursday, February 25 by Deutsche Bank. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has “Overweight” rating given on Tuesday, December 1 by First Analysis. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has “Neutral” rating given on Thursday, April 28 by Wedbush.

More recent GoDaddy Inc. (NYSE:GDDY) news were published by: Seekingalpha.com which released: “GoDaddy Inc. 2018 Q1 – Results – Earnings Call Slides” on May 10, 2018. Also Investorplace.com published the news titled: “7 Stocks to Sell Before It’s Too Late” on May 17, 2018. Seekingalpha.com‘s news article titled: “GoDaddy +3.5% on Q1 rev beat, upside Q2 and FY guidance” with publication date: May 09, 2018 was also an interesting one.

GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company has market cap of $12.01 billion. It provides domain name registration product that enables to engage clients at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security. It has a 88.97 P/E ratio. The firm also offers Website builder, an online tool that enables clients to build Websites; online store product that allows clients to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps clients get their Websites found on search sites through search engine optimization.

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