4,749 Shares in Reddit Inc. $RDDT Purchased by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC purchased a new stake in Reddit Inc. (NYSE:RDDT) during the 3rd quarter, HoldingsChannel reports. The fund purchased 4,749 shares of the company’s stock, valued at approximately $1,092,000.

Several other institutional investors also recently modified their holdings of the stock. Financial Perspectives Inc bought a new position in shares of Reddit in the 2nd quarter worth $34,000. Geneos Wealth Management Inc. boosted its stake in Reddit by 344.6% in the first quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock worth $39,000 after buying an additional 286 shares in the last quarter. GAMMA Investing LLC grew its position in Reddit by 8,650.0% during the third quarter. GAMMA Investing LLC now owns 175 shares of the company’s stock valued at $40,000 after acquiring an additional 173 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Reddit by 68.2% during the second quarter. Advisors Asset Management Inc. now owns 365 shares of the company’s stock worth $55,000 after acquiring an additional 148 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in shares of Reddit during the second quarter worth approximately $60,000.

Reddit Stock Down 0.5%

NYSE:RDDT opened at $233.44 on Wednesday. The stock has a market cap of $44.24 billion, a P/E ratio of 134.16, a price-to-earnings-growth ratio of 2.59 and a beta of 2.17. The firm’s fifty day simple moving average is $212.56 and its 200 day simple moving average is $201.78. Reddit Inc. has a twelve month low of $79.75 and a twelve month high of $282.95.

Reddit (NYSE:RDDT) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.50 by $0.30. Reddit had a net margin of 18.33% and a return on equity of 14.94%. The business had revenue of $584.91 million during the quarter, compared to analyst estimates of $546.65 million. During the same period in the prior year, the business earned $0.16 EPS. The company’s revenue for the quarter was up 67.9% on a year-over-year basis. On average, analysts expect that Reddit Inc. will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Reddit in a research note on Monday. Wells Fargo & Company upped their price target on shares of Reddit from $155.00 to $174.00 and gave the company a “cautious” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $236.00 price objective on shares of Reddit in a research note on Tuesday, October 14th. B. Riley reissued a “buy” rating and issued a $245.00 target price (up previously from $235.00) on shares of Reddit in a research note on Friday, October 31st. Finally, Oppenheimer raised their target price on shares of Reddit from $215.00 to $300.00 and gave the stock an “outperform” rating in a report on Tuesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $230.28.

More Reddit News

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.

Insider Activity at Reddit

In related news, CEO Steve Ladd Huffman sold 18,000 shares of Reddit stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $194.81, for a total transaction of $3,506,580.00. Following the sale, the chief executive officer directly owned 485,958 shares in the company, valued at $94,669,477.98. The trade was a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Jennifer L. Wong sold 63,427 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $192.72, for a total value of $12,223,651.44. Following the transaction, the chief operating officer directly owned 1,184,528 shares of the company’s stock, valued at $228,282,236.16. This represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 461,333 shares of company stock valued at $96,309,724 in the last three months. Corporate insiders own 34.25% of the company’s stock.

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.