Insider Selling: Reddit (NYSE:RDDT) CEO Sells $3,297,240.00 in Stock

Reddit Inc. (NYSE:RDDT) CEO Steve Ladd Huffman sold 18,000 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $183.18, for a total value of $3,297,240.00. Following the completion of the transaction, the chief executive officer owned 448,576 shares in the company, valued at $82,170,151.68. The trade was a 3.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Steve Ladd Huffman also recently made the following trade(s):

• On Thursday, January 15th, Steve Ladd Huffman sold 18,000 shares of Reddit stock. The shares were sold at an average price of $232.78, for a total value of $4,190,040.00.
• On Wednesday, December 31st, Steve Ladd Huffman sold 18,000 shares of Reddit stock. The stock was sold at an average price of $230.76, for a total value of $4,153,680.00.
• On Monday, December 15th, Steve Ladd Huffman sold 18,000 shares of Reddit stock. The shares were sold at an average price of $220.28, for a total transaction of $3,965,040.00.
• On Friday, November 28th, Steve Ladd Huffman sold 18,000 shares of Reddit stock. The shares were sold at an average price of $215.19, for a total transaction of $3,873,420.00.
• On Friday, November 14th, Steve Ladd Huffman sold 18,000 shares of Reddit stock. The stock was sold at an average price of $194.81, for a total transaction of $3,506,580.00.

Reddit Stock Performance

Shares of NYSE:RDDT opened at $152.99 on Friday. The firm has a market cap of $28.99 billion, a price-to-earnings ratio of 87.92, a P/E/G ratio of 1.06 and a beta of 2.17. The firm has a fifty day moving average price of $222.78 and a 200 day moving average price of $214.72. Reddit Inc. has a fifty-two week low of $79.75 and a fifty-two week high of $282.95.

Reddit (NYSE:RDDT) last announced its quarterly earnings results on Thursday, February 5th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.28. The company had revenue of $725.61 million for the quarter, compared to the consensus estimate of $665.80 million. Reddit had a net margin of 18.33% and a return on equity of 14.94%. Reddit’s revenue for the quarter was up 69.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.36 EPS. As a group, research analysts predict that Reddit Inc. will post 1.12 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. North Dakota State Investment Board bought a new stake in shares of Reddit in the 4th quarter worth about $945,000. iA Global Asset Management Inc. bought a new stake in Reddit in the fourth quarter worth about $2,496,000. DNB Asset Management AS boosted its position in shares of Reddit by 2.4% during the fourth quarter. DNB Asset Management AS now owns 19,440 shares of the company’s stock valued at $4,469,000 after buying an additional 449 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Reddit by 788.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 81,528 shares of the company’s stock valued at $18,741,000 after buying an additional 72,351 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of Reddit by 1,529,603.3% in the fourth quarter. Bessemer Group Inc. now owns 458,911 shares of the company’s stock worth $105,489,000 after buying an additional 458,881 shares during the period.

More Reddit News

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Q4 beat — Reddit reported $1.24 EPS and $725.6M revenue, topping consensus and showing margin improvement, which supports higher valuation multiple and investor confidence. Reddit Inc. (RDDT) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Raised near-term revenue outlook — management guided Q1 revenue ~$595–605M, above Street estimates, and forecast that AI enhancements are already lifting ad demand. That beat/guide combo drove strong after-hours buying. Reddit forecasts revenue above estimates as AI fuels ad sales
• Positive Sentiment: $1B share buyback — Reddit announced a $1 billion repurchase program, which reduces float and signals capital-return confidence, a material near-term support for the stock. Reddit Reports Fourth Quarter and Full Year 2025 Results; Announces $1 Billion Share Repurchase Program
• Neutral Sentiment: AI search opportunity — management flagged an AI-powered search product as a large long-term revenue opportunity, but it’s not yet monetized; positive upside but with execution and timing risk. Reddit looks to AI search as its next big opportunity
• Neutral Sentiment: Analyst mix and bull narratives — some bullish write-ups and varied analyst opinions (consensus “Moderate Buy” and mixed ratings) mean upside is tied to continued execution on ad monetization and AI. Reddit, Inc. (RDDT): A Bull Case Theory
• Negative Sentiment: CEO insider selling — CEO Steve Huffman sold several blocks of shares in recent months (most recently ~18,000 shares), which has previously pressured sentiment and contributed to pre-earnings weakness. SEC Form 4 — Insider Selling
• Negative Sentiment: Pre-earnings pullback — the stock had a notable pullback ahead of results amid sell-side caution and reporting of insider sales; that increases volatility risk if future execution slips. Reddit Stock Extends Pullback Ahead of Earnings

Wall Street Analyst Weigh In

Several equities analysts have weighed in on RDDT shares. Sanford C. Bernstein raised their price target on Reddit from $190.00 to $210.00 and gave the company a “market perform” rating in a report on Friday, October 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Reddit in a research report on Monday, December 29th. B. Riley restated a “buy” rating and issued a $245.00 price target (up previously from $235.00) on shares of Reddit in a research report on Friday, October 31st. China Renaissance began coverage on shares of Reddit in a research note on Tuesday, December 9th. They set a “buy” rating and a $300.00 price target on the stock. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $236.00 price objective on shares of Reddit in a research note on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Reddit presently has a consensus rating of “Moderate Buy” and an average price target of $245.36.

About Reddit

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.