Reddit (NYSE:RDDT) CAO Michelle Marie Reynolds Sells 2,291 Shares of Stock

Reddit Inc. (NYSE:RDDT) CAO Michelle Marie Reynolds sold 2,291 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $143.59, for a total transaction of $328,964.69. Following the transaction, the chief accounting officer owned 17,133 shares in the company, valued at approximately $2,460,127.47. The trade was a 11.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Michelle Marie Reynolds also recently made the following trade(s):

• On Tuesday, December 9th, Michelle Marie Reynolds sold 11,249 shares of Reddit stock. The stock was sold at an average price of $232.95, for a total value of $2,620,454.55.

Reddit Stock Down 0.3%

Reddit stock opened at $142.04 on Wednesday. The business has a 50 day moving average price of $200.71 and a two-hundred day moving average price of $212.63. The stock has a market cap of $27.14 billion, a price-to-earnings ratio of 54.21, a price-to-earnings-growth ratio of 1.06 and a beta of 2.17. Reddit Inc. has a 12 month low of $79.75 and a 12 month high of $282.95.

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

More Reddit News

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Resona Asset Management Co. Ltd. grew its stake in shares of Reddit by 53.2% during the third quarter. Resona Asset Management Co. Ltd. now owns 30,944 shares of the company’s stock valued at $7,166,000 after purchasing an additional 10,743 shares during the last quarter. Vanguard Group Inc. raised its position in Reddit by 12.9% in the 3rd 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 lifted its holdings in Reddit by 880.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 94,676 shares of the company’s stock worth $14,255,000 after buying an additional 85,020 shares in the last quarter. Optimize Financial Inc bought a new position in Reddit in the 3rd quarter valued at $1,420,000. Finally, Plato Investment Management Ltd increased its stake in shares of Reddit by 120.2% in the 2nd 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 period.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Zacks Research lowered shares of Reddit from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 26th. UBS Group set a $265.00 price objective on Reddit in a report on Tuesday, January 13th. Bank of America upped their price objective on Reddit from $180.00 to $210.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Citigroup raised their target price on Reddit from $250.00 to $265.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, Argus set a $300.00 price target on Reddit in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.