Reddit (NYSE:RDDT) CTO Christopher Brian Slowe Sells 19,036 Shares

Reddit Inc. (NYSE:RDDT) CTO Christopher Brian Slowe sold 19,036 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $144.05, for a total transaction of $2,742,135.80. Following the completion of the transaction, the chief technology officer directly owned 185,057 shares in the company, valued at $26,657,460.85. This represents a 9.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, February 10th, Christopher Brian Slowe sold 11,464 shares of Reddit stock. The stock was sold at an average price of $149.74, for a total transaction of $1,716,619.36.
• 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 transaction of $2,976,540.00.
• On Thursday, January 8th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The shares were sold at an average price of $253.88, for a total transaction 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 value of $3,275,860.00.

Reddit Stock Down 0.3%

Shares of NYSE RDDT opened at $142.04 on Wednesday. Reddit Inc. has a twelve month low of $79.75 and a twelve month high of $282.95. The firm has a market cap of $27.14 billion, a PE ratio of 54.21, a price-to-earnings-growth ratio of 1.06 and a beta of 2.17. The business has a fifty day simple moving average of $200.71 and a two-hundred day simple moving average of $212.63.

Reddit (NYSE:RDDT) last posted its quarterly earnings results on Thursday, February 5th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.28. The business had revenue of $725.61 million for the quarter, compared to the consensus estimate of $665.80 million. Reddit had a return on equity of 20.89% and a net margin of 24.05%.The business’s revenue was up 69.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.36 EPS. On average, research analysts expect that Reddit Inc. will post 1.12 earnings per share for the current year.

Institutional Investors Weigh In On Reddit

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Resona Asset Management Co. Ltd. lifted its position in Reddit by 53.2% during the 3rd quarter. Resona Asset Management Co. Ltd. now owns 30,944 shares of the company’s stock worth $7,166,000 after acquiring an additional 10,743 shares during the period. Vanguard Group Inc. raised its stake in shares of Reddit by 12.9% in the third quarter. Vanguard Group Inc. now owns 12,238,508 shares of the company’s stock worth $2,814,734,000 after purchasing an additional 1,401,293 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Reddit by 880.5% in the second quarter. Teacher Retirement System of Texas now owns 94,676 shares of the company’s stock worth $14,255,000 after purchasing an additional 85,020 shares during the last quarter. Optimize Financial Inc acquired a new stake in shares of Reddit during the third quarter worth about $1,420,000. Finally, Plato Investment Management Ltd boosted its position in Reddit by 120.2% in the second quarter. Plato Investment Management Ltd now owns 2,970 shares of the company’s stock valued at $446,000 after buying an additional 1,621 shares during the last quarter.

Key Headlines Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Q4 earnings beat / director buy — analysts and commentators are highlighting Reddit’s post‑earnings momentum and a director purchase that followed the report, reinforcing the thesis of accelerating ad revenue and improving margins. Reddit Valuation Check After Earnings Beat And Director Share Purchase
• Positive Sentiment: Zacks and other bulls point to surging ad revenue, rising ARPU and AI-driven ad products (Max campaigns) as competitive advantages vs. peers like Snap, supporting upside if ad growth continues. Reddit vs. Snap: Which Social Media Ad Stock Has an Edge Now?
• Positive Sentiment: Analyst/upbeat op‑eds — Seeking Alpha pieces and a recent upgrade argue RDDT is a buy after the earnings beat, citing strong revenue growth, margin expansion and product improvements that could deliver continued user and monetization gains. Reddit: The Buying Opportunity I Have Been Waiting For (Rating Upgrade)
• Neutral Sentiment: Market chatter / trade flows — a market commentator mentioned Reddit as part of a software-buying theme, which can attract short‑term traders but is not a company-specific catalyst. RDDT, FTNT, CLBT & PLTR to Lead “Rip-Your-Face-Off” Software Rally?
• Negative Sentiment: Multiple insider sales this week from senior execs (CTO Christopher Slowe, COO Jennifer Wong, CAO Michelle Reynolds and others) totaling millions of dollars of stock sold — investors often view clustered insider selling as a near‑term negative signal on sentiment or liquidity needs. SEC Form 4 (example insider sale)
• Negative Sentiment: Regulatory fine in the UK — the Information Commissioner’s Office fined Reddit ~£14.47m (~$19.5–20m) for children’s privacy failures. The fine is material and adds regulatory/legal overhang and execution risk in international markets. UK privacy watchdog fines Reddit $20 million
• Negative Sentiment: Valuation skepticism — contrarian commentaries argue Reddit’s valuation remains stretched despite earnings momentum, which can cap near‑term upside if growth expectations cool. Reddit’s Valuation Makes No Sense

Analyst Ratings Changes

A number of equities analysts have recently issued reports on RDDT shares. Evercore reiterated an “outperform” rating and set a $290.00 price objective on shares of Reddit in a research note on Friday, February 6th. B. Riley Financial increased their target price on Reddit from $245.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Robert W. Baird set a $200.00 price target on Reddit in a report on Friday, February 6th. Bank of America upped their price objective on Reddit from $180.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $285.00 price objective on shares of Reddit in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Reddit presently has a consensus rating of “Moderate Buy” and a consensus target price of $238.78.

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.