2,650 Shares in Reddit Inc. $RDDT Purchased by Yorktown Management & Research Co Inc

Yorktown Management & Research Co Inc bought a new stake in shares of Reddit Inc. (NYSE:RDDT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,650 shares of the company’s stock, valued at approximately $609,000.

A number of other institutional investors also recently bought and sold shares of RDDT. GatePass Capital LLC bought a new stake in Reddit in the 3rd quarter valued at $1,155,000. Amalgamated Bank lifted its position in Reddit by 7.1% during the third quarter. Amalgamated Bank now owns 9,401 shares of the company’s stock valued at $2,162,000 after purchasing an additional 627 shares during the last quarter. Oak Ridge Investments LLC grew its stake in shares of Reddit by 2.1% in the 3rd quarter. Oak Ridge Investments LLC now owns 29,146 shares of the company’s stock worth $6,703,000 after buying an additional 606 shares in the last quarter. Donoghue Forlines LLC bought a new stake in shares of Reddit in the 3rd quarter worth about $1,928,000. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Reddit during the 3rd quarter valued at $2,990,000.

Insiders Place Their Bets

In other news, COO Jennifer L. Wong sold 39,167 shares of Reddit stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $234.37, for a total value of $9,179,569.79. Following the transaction, the chief operating officer owned 1,184,528 shares of the company’s stock, valued at $277,617,827.36. The trade was a 3.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Benjamin Seong Lee sold 3,320 shares of the stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $260.22, for a total transaction of $863,930.40. Following the sale, the insider directly owned 62,608 shares of the company’s stock, valued at approximately $16,291,853.76. This represents a 5.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 505,470 shares of company stock valued at $109,018,861. 34.25% of the stock is currently owned by insiders.

Reddit Price Performance

Reddit stock opened at $231.33 on Friday. Reddit Inc. has a 12 month low of $79.75 and a 12 month high of $282.95. The company has a market cap of $43.84 billion, a PE ratio of 132.95, a P/E/G ratio of 1.55 and a beta of 2.17. The company has a fifty day moving average price of $223.41 and a two-hundred day moving average price of $210.72.

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

Analyst Ratings Changes

Several brokerages recently weighed in on RDDT. B. Riley reiterated a “buy” rating and set a $245.00 price target (up from $235.00) on shares of Reddit in a research report on Friday, October 31st. Piper Sandler reissued an “overweight” rating on shares of Reddit in a report on Monday, December 1st. Cantor Fitzgerald assumed coverage on shares of Reddit in a research report on Thursday, January 8th. They set a “neutral” rating and a $240.00 price objective for the company. Cannonball Research reiterated a “buy” rating on shares of Reddit in a research report on Tuesday, September 23rd. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $250.00 target price (up previously from $225.00) on shares of Reddit in a report on Monday, October 20th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $238.57.

Key Stories Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Strategic partnership: Emplifi integrated Reddit’s Enterprise API, positioning Reddit as a signal in a large marketing platform — this supports enterprise monetization and data-product adoption. Read More.
• Positive Sentiment: Analyst momentum: Wells Fargo raised its target price and Reddit’s momentum metrics surged into a high percentile, which likely attracted momentum and quant buyers. Read More.
• Neutral Sentiment: Earnings date set: Reddit will release Q4 and FY2025 results on Feb 5, giving investors a clear near‑term catalyst for revenue/ads guidance and SMB traction. Read More.
• Neutral Sentiment: Stock is widely watched: Zacks highlights RDDT as a stock drawing investor attention, which can amplify moves around news and analyst notes. Read More.
• Neutral Sentiment: Minor insider sale: Director Andrew Vollero sold 300 shares — a small, likely immaterial transaction. Read More.
• Negative Sentiment: Large insider sale: Reddit’s CFO sold nearly $960k of stock — sizable insider selling can spook investors and raise questions about near‑term conviction. Read More.
• Negative Sentiment: Analyst concerns on SMB ad checks: RBC flagged challenges with small‑business ad checks and mixed ad feedback, pressuring sentiment around ad revenue sustainability. Read More.
• Negative Sentiment: Mixed ad feedback: Multiple outlets report analysts warning of uneven advertiser feedback, which feeds worries about near‑term ad monetization and growth. Read More.
• Negative Sentiment: Recent price weakness: Coverage notes a sharp intraday drop recently and commentary calling the move a significant selloff, reflecting heightened volatility. Read More.
• Negative Sentiment: Broader market trigger: News that shook growth stocks (FDA delay for a major weight‑loss drug) contributed to a stumble in Reddit shares as risk‑on sentiment softened. Read More.
• Negative Sentiment: Retail investor mixed view: After a recent sharp down day, retail traders flagged trouble but some remain bullish — an indicator of potential short‑term volatility as sentiment rebalances. Read More.
• Negative Sentiment: Explanatory coverage: Multiple outlets ran pieces titled that Reddit is “nosediving”—the tone can amplify selling pressure among momentum traders. 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.