Reddit Inc. $RDDT Stock Position Increased by Penserra Capital Management LLC

Penserra Capital Management LLC raised its position in shares of Reddit Inc. (NYSE:RDDT) by 2,118.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,112 shares of the company’s stock after purchasing an additional 12,521 shares during the period. Penserra Capital Management LLC’s holdings in Reddit were worth $3,015,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. NewEdge Advisors LLC raised 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 acquired a new stake in Reddit in the 1st quarter valued at approximately $213,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Reddit by 106.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 216,960 shares of the company’s stock valued at $22,759,000 after acquiring an additional 111,780 shares in the last quarter. Focus Partners Wealth boosted its position in Reddit by 40.8% during the 1st quarter. Focus Partners Wealth now owns 10,224 shares of the company’s stock worth $1,073,000 after acquiring an additional 2,965 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in shares of Reddit by 344.6% in the first quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock worth $39,000 after purchasing an additional 286 shares in the last quarter.

Key Headlines Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Q4 beat — Reddit reported $1.24 EPS and $725.6M revenue, topping consensus and showing margin improvement, which supports higher valuation multiple and investor confidence. Reddit Inc. (RDDT) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Raised near-term revenue outlook — management guided Q1 revenue ~$595–605M, above Street estimates, and forecast that AI enhancements are already lifting ad demand. That beat/guide combo drove strong after-hours buying. Reddit forecasts revenue above estimates as AI fuels ad sales
• Positive Sentiment: $1B share buyback — Reddit announced a $1 billion repurchase program, which reduces float and signals capital-return confidence, a material near-term support for the stock. Reddit Reports Fourth Quarter and Full Year 2025 Results; Announces $1 Billion Share Repurchase Program
• Neutral Sentiment: AI search opportunity — management flagged an AI-powered search product as a large long-term revenue opportunity, but it’s not yet monetized; positive upside but with execution and timing risk. Reddit looks to AI search as its next big opportunity
• Neutral Sentiment: Analyst mix and bull narratives — some bullish write-ups and varied analyst opinions (consensus “Moderate Buy” and mixed ratings) mean upside is tied to continued execution on ad monetization and AI. Reddit, Inc. (RDDT): A Bull Case Theory
• Negative Sentiment: CEO insider selling — CEO Steve Huffman sold several blocks of shares in recent months (most recently ~18,000 shares), which has previously pressured sentiment and contributed to pre-earnings weakness. SEC Form 4 — Insider Selling
• Negative Sentiment: Pre-earnings pullback — the stock had a notable pullback ahead of results amid sell-side caution and reporting of insider sales; that increases volatility risk if future execution slips. Reddit Stock Extends Pullback Ahead of Earnings

Insider Buying and Selling

In other news, insider Benjamin Seong Lee sold 55,005 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $221.21, for a total transaction of $12,167,656.05. Following the sale, the insider directly owned 62,608 shares of the company’s stock, valued at $13,849,515.68. The trade was a 46.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Steve Ladd Huffman sold 18,000 shares of the company’s stock in a transaction 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 represents a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 523,511 shares of company stock valued at $114,237,285. Insiders own 34.25% of the company’s stock.

Reddit Price Performance

NYSE RDDT opened at $152.99 on Friday. Reddit Inc. has a 12 month low of $79.75 and a 12 month high of $282.95. The company has a market capitalization of $28.99 billion, a P/E ratio of 87.92, a PEG ratio of 1.06 and a beta of 2.17. The company’s 50 day simple moving average is $222.78 and its 200 day simple moving average is $214.72.

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 the consensus estimate of $0.96 by $0.28. The firm had revenue of $725.61 million for the quarter, compared to analyst estimates of $665.80 million. Reddit had a net margin of 18.33% and a return on equity of 14.94%. The firm’s quarterly revenue was up 69.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.36 earnings per share. On average, analysts anticipate that Reddit Inc. will post 1.12 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on RDDT. Roth Mkm lifted their price objective on shares of Reddit from $210.00 to $215.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Truist Financial set a $270.00 price target on shares of Reddit in a research report on Friday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price target on shares of Reddit in a research note on Monday, December 29th. The Goldman Sachs Group reiterated a “neutral” rating and set a $236.00 price objective on shares of Reddit in a research note on Tuesday, October 14th. Finally, UBS Group set a $265.00 target price on Reddit in a research report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $245.36.

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.