Andrew Vollero Sells 3,674 Shares of Reddit (NYSE:RDDT) Stock

Reddit Inc. (NYSE:RDDT) CFO Andrew Vollero sold 3,674 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $261.21, for a total value of $959,685.54. Following the sale, the chief financial officer owned 251,644 shares in the company, valued at approximately $65,731,929.24. This trade represents a 1.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Andrew Vollero also recently made the following trade(s):

• On Friday, January 9th, Andrew Vollero sold 300 shares of Reddit stock. The shares were sold at an average price of $260.68, for a total transaction of $78,204.00.
• On Wednesday, January 7th, Andrew Vollero sold 500 shares of Reddit stock. The stock was sold at an average price of $260.06, for a total transaction of $130,030.00.
• On Tuesday, January 6th, Andrew Vollero sold 8,413 shares of Reddit stock. The shares were sold at an average price of $252.72, for a total transaction of $2,126,133.36.

Reddit Stock Performance

RDDT stock opened at $253.48 on Thursday. The company has a market capitalization of $48.03 billion, a P/E ratio of 145.68, a PEG ratio of 1.74 and a beta of 2.17. The company has a fifty day moving average price of $221.77 and a 200-day moving average price of $209.62. Reddit Inc. has a 52-week low of $79.75 and a 52-week high of $282.95.

Reddit (NYSE:RDDT) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.30. The company had revenue of $584.91 million for the quarter, compared to analysts’ expectations of $546.65 million. Reddit had a net margin of 18.33% and a return on equity of 14.94%. Reddit’s revenue for the quarter was up 67.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 earnings per share. As a group, sell-side analysts forecast that Reddit Inc. will post 1.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Reddit

Several institutional investors have recently made changes to their positions in RDDT. NewEdge Advisors LLC grew its holdings in shares of Reddit by 143.3% during the first quarter. NewEdge Advisors LLC now owns 7,982 shares of the company’s stock valued at $837,000 after buying an additional 4,701 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of Reddit during the first quarter worth about $213,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Reddit by 106.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 216,960 shares of the company’s stock worth $22,759,000 after purchasing an additional 111,780 shares during the last quarter. Focus Partners Wealth increased its holdings in Reddit by 40.8% during the 1st quarter. Focus Partners Wealth now owns 10,224 shares of the company’s stock valued at $1,073,000 after purchasing an additional 2,965 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in Reddit by 344.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock valued at $39,000 after purchasing an additional 286 shares during the last quarter.

Key Headlines Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Evercore ISI initiated coverage (outperform/strong-buy) and published bullish research around additional monetization from ad products and AI — this lift in institutional attention likely supported buying interest earlier in the session. Evercore Initiates Coverage
• Positive Sentiment: Zacks and other outlets highlighted Reddit’s expanding product lineup and AI-driven ad tools as drivers for engagement and revenue growth — a constructive fundamental narrative for longer-term monetization. Zacks Article
• Neutral Sentiment: The market is focused on Reddit’s recent earnings cadence and forward guidance as a catalyst; positioning ahead of macro and earnings-related data is raising short-term volatility but could drive a defined re-rating if results exceed expectations. Earnings Preview
• Neutral Sentiment: Consensus analyst coverage remains constructive (consensus = Moderate Buy; average target ~ $237), which provides baseline support but suggests limited immediate upside if the company simply meets expectations.
• Negative Sentiment: CTO Christopher Slowe sold 14,000 shares (~$3.55M) in early January, trimming his stake by ~7.6% — a large, high-profile insider sale that investors often interpret as profit-taking and which can weigh on sentiment. Insider Sale – CTO
• Negative Sentiment: CFO Andrew Vollero disclosed multiple recent sales (including several transactions in early January totaling millions across tranches), and the cluster of senior-exec sales is amplifying headline risk and short-term downside pressure. CFO SEC Filing CFO Trade Alert
• Negative Sentiment: Coverage notes the stock moved lower (~6% in some reports) after the wave of insider selling — which explains today’s downward pressure as investors reassess near-term risk despite positive analyst notes. Market Reaction Article

Analysts Set New Price Targets

A number of research firms have weighed in on RDDT. Bank of America increased their target price on shares of Reddit from $180.00 to $210.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Raymond James Financial reiterated a “strong-buy” rating and set a $250.00 price objective (up from $225.00) on shares of Reddit in a research report on Monday, October 20th. Jefferies Financial Group lifted their target price on shares of Reddit from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Citigroup upped their price target on shares of Reddit from $250.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Robert W. Baird increased their price target on Reddit from $177.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, September 25th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Reddit has an average rating of “Moderate Buy” and a consensus target price of $238.57.

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.