Signal Advisors Wealth LLC Has $1.63 Million Stock Holdings in Reddit Inc. $RDDT

Signal Advisors Wealth LLC trimmed its position in Reddit Inc. (NYSE:RDDT) by 34.4% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 7,100 shares of the company’s stock after selling 3,722 shares during the period. Signal Advisors Wealth LLC’s holdings in Reddit were worth $1,633,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kovitz Investment Group Partners LLC boosted its holdings in Reddit by 78.7% in the first quarter. Kovitz Investment Group Partners LLC now owns 2,271 shares of the company’s stock valued at $238,000 after acquiring an additional 1,000 shares during the last quarter. American Century Companies Inc. boosted its stake 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 purchasing an additional 2,987 shares during the last quarter. State of New Jersey Common Pension Fund D grew its position in shares of Reddit by 7.2% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 23,131 shares of the company’s stock worth $2,426,000 after buying an additional 1,548 shares during the period. Versor Investments LP bought a new stake in shares of Reddit during the first quarter worth approximately $231,000. Finally, Northern Trust Corp lifted its holdings in Reddit by 10.8% in the first quarter. Northern Trust Corp now owns 296,086 shares of the company’s stock valued at $31,059,000 after buying an additional 28,960 shares during the period.

Reddit Trading Up 0.8%

NYSE:RDDT opened at $233.21 on Friday. Reddit Inc. has a 1 year low of $79.75 and a 1 year high of $282.95. The stock has a 50-day moving average price of $208.53 and a two-hundred day moving average price of $195.10. The stock has a market cap of $44.19 billion, a price-to-earnings ratio of 134.03, a PEG ratio of 2.55 and a beta of 2.17.

Reddit (NYSE:RDDT) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $546.65 million. During the same quarter in the previous year, the business posted $0.16 EPS. Reddit’s revenue for the quarter was up 67.9% on a year-over-year basis. Sell-side analysts forecast that Reddit Inc. will post 1.12 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $300.00 target price on shares of Reddit in a report on Friday, October 3rd. Robert W. Baird lifted their price objective on Reddit from $177.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $236.00 price objective on shares of Reddit in a report on Tuesday, October 14th. Wall Street Zen upgraded Reddit from a “hold” rating to a “buy” rating in a report on Sunday, December 14th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price target on shares of Reddit in a research note on Friday, October 31st. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Reddit presently has an average rating of “Moderate Buy” and an average price target of $230.28.

Key Reddit News

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: MarketBeat’s TL;DR highlights rapid DAU/WAU expansion, strong Q3 revenue and EPS beats, and sizable international growth — a narrative supporting further ad monetization and ARPU expansion heading into 2026. Read More.
• Positive Sentiment: Analyst activity is constructive: several firms have raised targets or maintained buy ratings (Jefferies, China Renaissance initiation, others cited), implying upside relative to consensus and helping investor confidence. (See MarketBeat piece above for coverage of recent price-target moves.)
• Positive Sentiment: Softer inflation / macro headlines are improving the investment case for growth and ad-driven names; coverage argues that easing inflation expectations can re-rate Reddit by reducing discount-rate concerns and supporting ad budgets. Read More.
• Neutral Sentiment: Stories noting what Wall Street will watch in 2026 (product/monetization, ARPU, international expansion) underscore catalysts but don’t add immediate data-driven moves; useful for medium-term thesis rather than intraday action. Read More.
• Neutral Sentiment: News that a Reddit post helped surface a tip in a university shooting investigation highlights the platform’s real-world reach — a reputational datapoint that can be framed positively for engagement but also raises ongoing moderation and liability considerations. Read More.
• Negative Sentiment: Large insider sales: Benjamin Seong Lee sold 55,005 shares (Dec. 16) and 18,750 shares (Dec. 18) across recent transactions; CEO Steve Huffman also sold 18,000 shares (Dec. 15). The size and frequency of these sales can create short-term selling pressure and raise investor questions about timing of liquidity events. Read More.

Insider Activity at Reddit

In other news, insider Benjamin Seong Lee sold 55,005 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $221.21, for a total value of $12,167,656.05. Following the completion of the transaction, the insider owned 62,608 shares in the company, valued at $13,849,515.68. This represents a 46.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jennifer L. Wong sold 63,427 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $192.72, for a total transaction of $12,223,651.44. Following the sale, the chief operating officer owned 1,184,528 shares in the company, valued at approximately $228,282,236.16. The trade was a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 479,374 shares of company stock worth $101,673,634. Corporate insiders own 34.25% of the company’s stock.

Reddit 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.