Christopher Brian Slowe Sells 11,464 Shares of Reddit (NYSE:RDDT) Stock

Reddit Inc. (NYSE:RDDT) CTO Christopher Brian Slowe sold 11,464 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $149.74, for a total value of $1,716,619.36. Following the completion of the sale, the chief technology officer owned 165,694 shares in the company, valued at $24,811,019.56. This represents a 6.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, January 22nd, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $212.61, for a total value of $2,976,540.00.
• On Thursday, January 8th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $253.88, for a total value of $3,554,320.00.
• On Monday, December 22nd, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The shares were sold at an average price of $233.53, for a total value of $3,269,420.00.
• 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.

Reddit Stock Performance

NYSE RDDT opened at $139.62 on Friday. The firm has a 50-day moving average of $212.78 and a 200-day moving average of $214.39. The stock has a market cap of $26.46 billion, a PE ratio of 53.29, a P/E/G ratio of 0.97 and a beta of 2.17. Reddit Inc. has a 52-week low of $79.75 and a 52-week high of $282.95.

Reddit (NYSE:RDDT) last announced its quarterly earnings results on Thursday, February 5th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.28. The business had revenue of $725.61 million for the quarter, compared to analyst estimates of $665.80 million. Reddit had a net margin of 24.05% and a return on equity of 20.89%. Reddit’s quarterly revenue was up 69.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.36 EPS. As a group, analysts predict that Reddit Inc. will post 1.12 EPS for the current fiscal year.

More Reddit News

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Director Sarah E. Farrell materially increased her stake (large purchases spanning Feb. 10–11, ~50,500 shares cumulatively), an obvious insider vote of confidence that likely helped lift the stock. Reddit soars over 6% after director buys shares worth $7.48M
• Positive Sentiment: Reddit expanded ad distribution/measurement reach via integrations (Shirofune omnichannel ad workflow) that could boost ad demand and make buying Reddit inventory easier for agencies. Shirofune Integration Puts Reddit Ads Directly Into Omnichannel Budget Decisions
• Positive Sentiment: Meltwater earned Official Data Partner status with Reddit, a commercial/data partnership that broadens third‑party analytics and signals enterprise adoption of Reddit content for research/marketing. Meltwater Earns Official Data Partner Status with Reddit
• Positive Sentiment: Sell‑side commentary (Needham and others) highlights strong ad momentum and AI tools as sustainable growth drivers — supportive for sentiment if execution continues. Can Reddit (RDDT) Sustain Its Momentum? Needham Thinks So
• Neutral Sentiment: Reddit is a top searched ticker lately, which increases attention and intraday volatility but is not a direct fundamental catalyst. Investors Heavily Search Reddit Inc. (RDDT): Here is What You Need to Know
• Negative Sentiment: CTO Christopher Slowe sold ~11.5k shares (~6.5% cut to his position), a move markets often view as a cautionary signal when senior tech leadership reduces exposure. SEC filing: Form 4 — Christopher Slowe sale
• Negative Sentiment: Recent coverage notes a ~46% decline over the past month amid macro headwinds and ad competition; that magnitude of drawdown can pressure sentiment and trigger momentum selling. Reddit Stock Declines 46% in a Month: Should You Buy, Hold or Sell?

Hedge Funds Weigh In On Reddit

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Reddit by 8.9% during the 4th quarter. Vanguard Group Inc. now owns 13,322,048 shares of the company’s stock worth $3,062,339,000 after acquiring an additional 1,083,540 shares during the period. Capital World Investors bought a new stake in Reddit during the fourth quarter worth $1,293,258,000. State Street Corp boosted its holdings in shares of Reddit by 6.0% in the 4th quarter. State Street Corp now owns 2,631,332 shares of the company’s stock valued at $604,864,000 after purchasing an additional 149,401 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Reddit by 4.7% in the 4th quarter. Geode Capital Management LLC now owns 2,382,712 shares of the company’s stock valued at $546,789,000 after purchasing an additional 106,821 shares in the last quarter. Finally, Morgan Stanley increased its stake in shares of Reddit by 11.4% in the 4th quarter. Morgan Stanley now owns 2,372,443 shares of the company’s stock valued at $545,354,000 after purchasing an additional 242,709 shares during the last quarter.

Wall Street Analysts Forecast Growth

RDDT has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on Reddit from $227.00 to $200.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Guggenheim lifted their target price on Reddit from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Wall Street Zen upgraded shares of Reddit from a “hold” rating to a “buy” rating in a research note on Saturday. The Goldman Sachs Group dropped their price objective on shares of Reddit from $236.00 to $206.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Finally, Sanford C. Bernstein increased their target price on shares of Reddit from $190.00 to $210.00 and gave the stock a “market perform” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $240.93.

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.