Reddit Inc. $RDDT Position Cut by Campbell Capital Management Inc.

Campbell Capital Management Inc. decreased its position in shares of Reddit Inc. (NYSE:RDDT) by 83.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,395 shares of the company’s stock after selling 21,660 shares during the quarter. Campbell Capital Management Inc.’s holdings in Reddit were worth $1,011,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Captrust Financial Advisors lifted its position in Reddit by 32.4% in the 3rd quarter. Captrust Financial Advisors now owns 8,075 shares of the company’s stock valued at $1,857,000 after purchasing an additional 1,976 shares during the last quarter. Danske Bank A S bought a new position in Reddit in the 3rd quarter worth about $10,741,000. Silvant Capital Management LLC increased its stake in shares of Reddit by 1.3% in the third quarter. Silvant Capital Management LLC now owns 35,975 shares of the company’s stock valued at $8,274,000 after purchasing an additional 464 shares during the period. Advisory Services Network LLC increased its stake in shares of Reddit by 192.1% in the third quarter. Advisory Services Network LLC now owns 15,516 shares of the company’s stock valued at $3,569,000 after purchasing an additional 10,204 shares during the period. Finally, Tcfg Wealth Management LLC bought a new stake in shares of Reddit during the third quarter valued at approximately $218,000.

Insider Activity

In related news, insider Benjamin Seong Lee sold 27,930 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $260.08, for a total transaction of $7,264,034.40. Following the completion of the sale, the insider directly owned 62,608 shares of the company’s stock, valued at $16,283,088.64. This represents a 30.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steve Ladd Huffman sold 18,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $230.76, for a total transaction of $4,153,680.00. Following the sale, the chief executive officer directly owned 448,576 shares of the company’s stock, valued at approximately $103,513,397.76. 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 acquired 61,000 shares of company stock valued at $8,870,815 and sold 378,330 shares valued at $75,398,143. 34.25% of the stock is currently owned by insiders.

Key Stories Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Strong Q4 fundamentals: recent coverage highlights a huge quarter — revenue up ~70% YoY and meaningful ARPU/monetization gains — which supports the case for continued ad growth and the stock’s re-rating. Reddit Stock: Why It May Finally Be Time to Buy the Dip
• Positive Sentiment: Director Sarah E. Farrell bought 10,500 shares (~$1.39M at ~$132.26), increasing her stake by ~20.8% — a direct insider buy that investors often view as a confidence signal. SEC Filing – Farrell Purchase
• Positive Sentiment: Bullish analyst/coverage momentum: the stock has an average “Moderate Buy” and several bullish pieces argue Reddit is underpriced given rapid ad monetization and AI-driven engagement. Average Recommendation Moderate Buy Is Reddit a Good Stock Now?
• Positive Sentiment: Ad product expansion: a PulsePoint partnership spotlights growth in higher-value healthcare advertising, reinforcing TAM and monetization upside. Reddit’s PulsePoint Tie Up Highlights Healthcare Ads
• Neutral Sentiment: Buyback ambition noted in reporting — potentially supportive for shares but details/timing remain unclear, so impact depends on execution. Surging Q4 Results, Buyback Ambition
• Neutral Sentiment: Competitive/regulatory context: comparisons to Meta highlight Reddit’s faster ad growth and product momentum, but scale and regulatory environment differ — this frames upside potential but with caveats. RDDT vs META: Which Has an Edge?
• Negative Sentiment: CEO Steve Huffman sold 18,000 shares (~$2.39M at ~$132.86). Insider sales can prompt short-term caution even when management retains a large stake. SEC Filing – Huffman Sale
• Negative Sentiment: Regulatory risk flagged alongside strong results — while earnings and monetization look good, potential regulatory scrutiny in ad/content areas is a recurring downside risk for large social platforms. Regulatory Risk Discussed

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RDDT. Truist Financial increased their price objective on Reddit from $270.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Zacks Research downgraded Reddit from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. Argus set a $300.00 price target on Reddit in a research report on Friday, January 9th. The Goldman Sachs Group decreased their price target on Reddit from $236.00 to $206.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Reddit in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $242.19.

Reddit Price Performance

RDDT opened at $144.00 on Wednesday. The company has a market capitalization of $27.51 billion, a price-to-earnings ratio of 54.96, a price-to-earnings-growth ratio of 1.02 and a beta of 2.40. Reddit Inc. has a 1-year low of $79.75 and a 1-year high of $282.95. The business has a 50 day moving average price of $173.34 and a two-hundred day moving average price of $203.70.

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

Reddit 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.