Reddit (NYSE:RDDT) CTO Christopher Brian Slowe Sells 14,000 Shares of Stock

Reddit Inc. (NYSE:RDDT) CTO Christopher Brian Slowe sold 14,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $233.53, for a total transaction of $3,269,420.00. Following the completion of the sale, the chief technology officer directly owned 171,694 shares in the company, valued at approximately $40,095,699.82. This trade represents a 7.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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.
• On Monday, November 10th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The shares were sold at an average price of $204.43, for a total transaction of $2,862,020.00.
• On Wednesday, October 22nd, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $197.10, for a total value of $2,759,400.00.
• On Wednesday, October 8th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was sold at an average price of $200.81, for a total value of $2,811,340.00.

Reddit Stock Performance

Shares of NYSE RDDT opened at $234.70 on Tuesday. Reddit Inc. has a fifty-two week low of $79.75 and a fifty-two week high of $282.95. The stock has a market cap of $44.48 billion, a PE ratio of 134.88, a price-to-earnings-growth ratio of 2.49 and a beta of 2.17. The stock has a fifty day moving average of $212.00 and a 200-day moving average of $200.97.

Reddit (NYSE:RDDT) last issued its earnings results on Thursday, October 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.50 by $0.30. The business had revenue of $584.91 million during the quarter, compared to the consensus estimate of $546.65 million. Reddit had a return on equity of 14.94% and a net margin of 18.33%.The firm’s revenue was up 67.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.16 EPS. On average, sell-side analysts predict that Reddit Inc. will post 1.12 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Reddit by 12.9% during 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. Alliancebernstein L.P. raised its holdings in shares of Reddit by 103.0% during the 1st quarter. Alliancebernstein L.P. now owns 5,659,990 shares of the company’s stock valued at $593,733,000 after buying an additional 2,871,232 shares in the last quarter. State Street Corp lifted its position in Reddit by 22.3% in the 3rd quarter. State Street Corp now owns 2,481,931 shares of the company’s stock worth $570,819,000 after buying an additional 451,792 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Reddit by 7.5% in the second quarter. JPMorgan Chase & Co. now owns 2,051,175 shares of the company’s stock worth $308,846,000 after buying an additional 143,680 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Reddit by 72.1% in the second quarter. Geode Capital Management LLC now owns 1,989,004 shares of the company’s stock worth $299,044,000 after buying an additional 833,245 shares in the last quarter.

Key Reddit News

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Needham reaffirmed a “buy” rating and set a $300 price target (implying ~28% upside from current levels), which can attract momentum buyers and support the stock’s rally. Needham Buy Rating
• Positive Sentiment: Coverage citing Reddit as an “AI search winner” suggests its content + community data advantage could boost ad targeting and search product monetization, a meaningful fundamental growth narrative for investors. Reddit Emerges as AI Search Winner
• Positive Sentiment: Investor’s Business Daily named Reddit a notable AI-driven pick for 2026, reinforcing bullish sentiment from growth-focused funds and retail investors who follow stock-of-the-day features. IBD Stock of the Day
• Positive Sentiment: Analyses pointing to Reddit’s decent recent performance highlight improving fundamentals and multiple expansion potential, supporting continued investor interest. Yahoo Finance Performance Piece
• Neutral Sentiment: Market write‑ups note Reddit “nears key juncture” from a technical/market-structure perspective — this signals a possible break higher or pullback but is not a direct fundamental catalyst. MSN Market Coverage
• Negative Sentiment: Reddit CTO Christopher Slowe sold 14,000 shares (Dec. 22), reducing his stake by ~7.5%; insider selling can spook some investors even when sales are routine, adding short‑term selling pressure. SEC Form 4
• Negative Sentiment: A Seeking Alpha piece says the author is “impressed but not enough for a buy rating,” highlighting lingering concerns that could temper enthusiasm among value‑oriented or risk‑averse investors. Seeking Alpha Analysis

Analyst Ratings Changes

A number of analysts recently weighed in on RDDT shares. Sanford C. Bernstein upped their target price on shares of Reddit from $190.00 to $210.00 and gave the stock a “market perform” rating in a report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Reddit in a report on Monday, December 22nd. Jefferies Financial Group increased their price objective on Reddit from $300.00 to $325.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. JPMorgan Chase & Co. lifted their price objective on Reddit from $190.00 to $227.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, B. Riley restated a “buy” rating and issued a $245.00 target price (up from $235.00) on shares of Reddit in a research note on Friday, October 31st. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Reddit has an average rating of “Moderate Buy” and an average target price of $230.28.

About Reddit

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.