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

Reddit Inc. (NYSE:RDDT) CTO Christopher Brian Slowe sold 19,036 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were 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 of the company’s stock, valued at approximately $26,657,460.85. This trade represents a 9.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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 value of $1,716,619.36.
• On Thursday, January 22nd, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The shares were sold at an average price of $212.61, for a total value of $2,976,540.00.
• On Thursday, January 8th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The stock was 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 stock was sold at an average price of $233.53, for a total transaction of $3,269,420.00.
• On Monday, December 8th, Christopher Brian Slowe sold 14,000 shares of Reddit stock. The shares were sold at an average price of $233.99, for a total transaction of $3,275,860.00.

Reddit Price Performance

Reddit stock opened at $149.82 on Thursday. The company’s 50-day moving average is $199.16 and its 200-day moving average is $212.19. The firm has a market capitalization of $28.62 billion, a PE ratio of 57.18, a P/E/G ratio of 1.06 and a beta of 2.17. Reddit Inc. has a fifty-two week low of $79.75 and a fifty-two week high of $282.95.

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

Analyst Ratings Changes

Several equities research analysts have issued reports on RDDT shares. Oppenheimer cut their price target on Reddit from $300.00 to $250.00 and set an “outperform” rating for the company in a report on Friday, February 6th. B. Riley Financial raised their target price on shares of Reddit from $245.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Roth Mkm upped their price target 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. Evercore reissued an “outperform” rating and issued a $290.00 price target on shares of Reddit in a report on Friday, February 6th. Finally, Cantor Fitzgerald reduced their price objective on Reddit from $240.00 to $170.00 and set a “neutral” rating for the company in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $238.78.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Raiffeisen Bank International AG acquired a new stake in shares of Reddit in the third quarter valued at approximately $25,000. GW&K Investment Management LLC bought a new position in Reddit during the 3rd quarter worth $30,000. Cornerstone Planning Group LLC raised its holdings in Reddit by 13,500.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 136 shares of the company’s stock valued at $31,000 after acquiring an additional 135 shares in the last quarter. LOM Asset Management Ltd bought a new stake in shares of Reddit during the 4th quarter valued at $33,000. Finally, Noble Wealth Management PBC bought a new stake in shares of Reddit during the 4th quarter valued at $34,000.

Key Stories Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Q4 beat and follow‑on director buy reinforce momentum: Reddit reported a strong quarter (beat on EPS and revenue, accelerating ad monetization) and a director purchase after earnings, which traders view as confirmation of the growth story. Reddit Valuation Check After Earnings Beat And Director Share Purchase
• Positive Sentiment: AI licensing upside upgraded thesis: A Seeking Alpha piece upgrades Reddit based on higher‑than‑expected AI licensing revenue potential, highlighting high gross margins and sizable revenue growth that could diversify revenue beyond advertising. Reddit: I May Have Underestimated Its AI Revenue Potential
• Positive Sentiment: Ad product strength vs. peers: Analysts note rising ARPU, surging ad revenue and AI‑driven ad products (Max campaigns) that may give RDDT an edge over peers like Snap if digital ad growth continues. Reddit vs. Snap: Which Social Media Ad Stock Has an Edge Now?
• Neutral Sentiment: Stock is a trending name / watchlist pick: Zacks flags RDDT as a highly searched/trending ticker — useful for flow and volatility but not a company‑specific fundamental catalyst. Reddit Inc. (RDDT) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Featured in software trade chatter: A market commentator included RDDT in a software buying theme, which can attract short‑term traders but isn’t a company‑specific catalyst. RDDT, FTNT, CLBT & PLTR to Lead “Rip-Your-Face-Off” Software Rally?
• Negative Sentiment: UK regulatory fine creates overhang: Britain’s ICO fined Reddit ~£14.47m (~$19.5–20m) for children’s privacy failures — a material penalty that raises regulatory and compliance costs and could weigh on international growth plans. UK privacy watchdog fines Reddit $20 million
• Negative Sentiment: Clustered insider selling: Multiple senior execs (CTO Christopher Slowe, COO Jennifer Wong, CAO Michelle Reynolds and others) sold large blocks the same week — a signal investors watch closely for sentiment or liquidity reasons. SEC Form 4 (example insider sale)
• Negative Sentiment: Valuation concerns remain: Contrarian analysis argues Reddit’s valuation is stretched despite strong growth, which could cap upside if execution or ad growth disappoints. Reddit’s Valuation Makes No Sense

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.