Christopher Brian Slowe Sells 14,000 Shares of Reddit (NYSE:RDDT) Stock

Reddit Inc. (NYSE:RDDT) CTO Christopher Brian Slowe sold 14,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $233.53, for a total transaction of $3,269,420.00. Following the transaction, the chief technology officer owned 171,694 shares of the company’s stock, valued at approximately $40,095,699.82. This represents a 7.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Christopher Brian Slowe also recently made the following trade(s):

• On Monday, December 8th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $233.99, for a total transaction of $3,275,860.00.
• On Monday, November 24th, Christopher Brian Slowe sold 24,000 shares of Reddit stock. The shares were sold at an average price of $192.72, for a total transaction of $4,625,280.00.
• On Monday, November 10th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $204.43, for a total value of $2,862,020.00.
• On Wednesday, October 22nd, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $197.10, for a total value of $2,759,400.00.
• On Wednesday, October 8th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $200.81, for a total value of $2,811,340.00.

Reddit Price Performance

NYSE RDDT opened at $233.44 on Wednesday. Reddit Inc. has a one year low of $79.75 and a one year high of $282.95. The firm has a market cap of $44.24 billion, a P/E ratio of 134.16, a P/E/G ratio of 2.59 and a beta of 2.17. The stock’s 50-day moving average is $212.56 and its 200-day moving average is $201.78.

Reddit (NYSE:RDDT) last posted its earnings results on Thursday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.30. Reddit had a return on equity of 14.94% and a net margin of 18.33%.The business had revenue of $584.91 million during the quarter, compared to analysts’ expectations of $546.65 million. During the same period in the prior year, the business earned $0.16 EPS. Reddit’s revenue for the quarter was up 67.9% compared to the same quarter last year. Equities analysts anticipate that Reddit Inc. will post 1.12 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on RDDT. Roth Capital set a $210.00 target price on shares of Reddit in a research note on Friday, October 31st. B. Riley reiterated a “buy” rating and set a $245.00 price objective (up from $235.00) on shares of Reddit in a report on Friday, October 31st. Wells Fargo & Company lifted their target price on Reddit from $155.00 to $174.00 and gave the company a “cautious” rating in a research report on Tuesday, October 7th. Piper Sandler reaffirmed an “overweight” rating on shares of Reddit in a research report on Monday, December 1st. Finally, Cannonball Research reiterated a “buy” rating on shares of Reddit in a report on Tuesday, September 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Reddit presently has a consensus rating of “Moderate Buy” and a consensus price target of $230.28.

Institutional Investors Weigh In On Reddit

Institutional investors and hedge funds have recently made changes to their positions in the stock. American Century Companies Inc. boosted its holdings in shares of Reddit by 35.0% in the 1st quarter. American Century Companies Inc. now owns 11,523 shares of the company’s stock valued at $1,209,000 after buying an additional 2,987 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Reddit by 12.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,323 shares of the company’s stock worth $139,000 after acquiring an additional 147 shares in the last quarter. Anson Funds Management LP acquired a new stake in Reddit in the first quarter valued at $13,288,000. Comerica Bank grew its position in shares of Reddit by 12.9% in the 1st quarter. Comerica Bank now owns 4,145 shares of the company’s stock valued at $435,000 after acquiring an additional 473 shares during the period. Finally, OMERS ADMINISTRATION Corp grew its position in shares of Reddit by 90.9% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 4,200 shares of the company’s stock valued at $441,000 after acquiring an additional 2,000 shares during the period.

Reddit News Summary

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Needham reaffirmed a “buy” rating and set a $300 price target, which supports upside expectations and may attract momentum buyers. Read More.
• Positive Sentiment: Coverage argues Reddit is an AI search beneficiary — its community content and signals could be valuable to AI summaries and search, implying stronger monetization potential for ads and search products. Read More.
• Positive Sentiment: Investor’s Business Daily/Wall Street writeups name Reddit a top AI‑driven pick for 2026, bolstering retail and growth‑fund interest. Read More.
• Neutral Sentiment: Technical/market pieces note Reddit “nears a key juncture” — could lead to a breakout or a pullback depending on market sentiment, but not a direct fundamental catalyst. Read More.
• Neutral Sentiment: Broader AI trend commentary frames 2026 as a year of dealing with AI complexities — positive for platforms that supply high-quality data, but also raises execution risk and regulation uncertainty. Read More.
• Negative Sentiment: Insider selling: CTO Christopher Slowe sold 14,000 shares (Dec. 22) — part of a series of recent sales — which can prompt near‑term selling pressure or signal insiders monetizing gains. Read More.
• Negative Sentiment: Critical analysis and some sell‑side skepticism remain — pieces saying they’re “impressed but not enough to buy” keep value/risk‑averse investors on the sidelines and cap multiple expansion. Read More.

Reddit Company Profile

Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.

Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.