Reddit Inc. $RDDT Shares Sold by Sivia Capital Partners LLC

Sivia Capital Partners LLC cut its holdings in shares of Reddit Inc. (NYSE:RDDT) by 14.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,493 shares of the company’s stock after selling 4,344 shares during the period. Reddit accounts for about 1.7% of Sivia Capital Partners LLC’s holdings, making the stock its 9th biggest position. Sivia Capital Partners LLC’s holdings in Reddit were worth $6,093,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Teacher Retirement System of Texas grew its holdings in Reddit by 880.5% in the second quarter. Teacher Retirement System of Texas now owns 94,676 shares of the company’s stock valued at $14,255,000 after purchasing an additional 85,020 shares during the last quarter. Petrus Trust Company LTA acquired a new stake in Reddit in the 1st quarter valued at about $473,000. Think Investments LP increased its holdings in Reddit by 10.3% during the 1st quarter. Think Investments LP now owns 268,000 shares of the company’s stock valued at $28,113,000 after acquiring an additional 25,000 shares in the last quarter. Sender Co & Partners Inc. acquired a new position in Reddit during the first quarter worth about $1,367,000. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of Reddit in the second quarter valued at about $2,078,000.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RDDT. Wells Fargo & Company raised their price objective on shares of Reddit from $155.00 to $174.00 and gave the stock a “cautious” rating in a research note on Tuesday, October 7th. Cannonball Research reiterated a “buy” rating on shares of Reddit in a report on Tuesday, September 23rd. China Renaissance started coverage on Reddit in a research report on Tuesday, December 9th. They set a “buy” rating and a $300.00 price target for the company. Jefferies Financial Group boosted their price target on Reddit from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $236.00 price objective on shares of Reddit in a research report on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Reddit has an average rating of “Moderate Buy” and a consensus price target of $230.28.

Reddit Stock Performance

RDDT stock opened at $234.70 on Tuesday. The company has a 50 day moving average price of $212.00 and a two-hundred day moving average price of $200.97. The stock has a market capitalization of $44.48 billion, a P/E ratio of 134.88, a PEG ratio of 2.49 and a beta of 2.17. Reddit Inc. has a one year low of $79.75 and a one year high of $282.95.

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, topping the consensus estimate of $0.50 by $0.30. The business had revenue of $584.91 million for the quarter, compared to analysts’ expectations of $546.65 million. Reddit had a return on equity of 14.94% and a net margin of 18.33%.The business’s revenue was up 67.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.16 earnings per share. Research analysts forecast that Reddit Inc. will post 1.12 earnings per share for the current fiscal year.

Reddit News Roundup

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Needham reiterated a “buy” rating and set a $300 price target, signaling sizable upside vs. current levels and helping attract momentum buyers. Read More.
• Positive Sentiment: Coverage arguing Reddit is emerging as an “AI search winner” highlights its large, topical user‑generated content base as valuable training/quality signal for AI summaries — a fundamental growth story that could boost ad revenue and pricing power. Read More.
• Positive Sentiment: Investor’s Business Daily named Reddit an AI‑driven 2026 pick, amplifying bullish retail and growth‑fund interest and reinforcing the narrative that Reddit’s AI strategy can sustain multiple expansion. Read More.
• Positive Sentiment: Recent write‑ups pointing to decent recent performance and improving fundamentals support continued investor interest and help justify the stock’s run. Read More.
• Neutral Sentiment: Market commentary flags that RDDT “nears a key juncture” from a technical perspective — this is watch‑list information for traders (possible breakout or pullback) but not a fundamental catalyst by itself. Read More.
• Neutral Sentiment: Broader industry pieces on AI trends for 2026 provide context (how platform content will be used by AI), useful for the long‑term thesis but not an immediate stock mover. Read More.
• Negative Sentiment: Reddit CTO Christopher Slowe sold 14,000 shares (Dec. 22), trimming his stake ~7.5%; repeated insider sales can create short‑term selling pressure or raise governance questions for risk‑sensitive investors. Read More.
• Negative Sentiment: A Seeking Alpha piece says the author is “impressed but not enough for a buy,” highlighting valuation and execution concerns that may temper enthusiasm among more conservative investors. Read More.

Insider Transactions at Reddit

In related news, CEO Steve Ladd Huffman sold 18,000 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $220.28, for a total value of $3,965,040.00. Following the sale, the chief executive officer directly owned 448,576 shares of the company’s stock, valued at approximately $98,812,321.28. This trade represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Michelle Marie Reynolds sold 11,249 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $232.95, for a total transaction of $2,620,454.55. Following the transaction, the chief accounting officer directly owned 10,558 shares of the company’s stock, valued at $2,459,486.10. This trade represents a 51.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 461,333 shares of company stock worth $96,309,724 in the last quarter. 34.25% of the stock is currently owned by corporate insiders.

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.