Christopher Brian Slowe Sells 9,500 Shares of Reddit (NYSE:RDDT) Stock

Reddit Inc. (NYSE:RDDT) CTO Christopher Brian Slowe sold 9,500 shares of Reddit stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $141.28, for a total value of $1,342,160.00. Following the completion of the sale, the chief technology officer directly owned 38,413 shares in the company, valued at $5,426,988.64. This represents a 19.83% decrease in their position. The sale 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 Monday, March 9th, Christopher Brian Slowe sold 9,500 shares of Reddit stock. The stock was sold at an average price of $136.55, for a total value of $1,297,225.00.
• On Monday, February 23rd, Christopher Brian Slowe sold 19,036 shares of Reddit stock. The shares were sold at an average price of $144.05, for a total value of $2,742,135.80.
• On Tuesday, February 10th, Christopher Brian Slowe sold 11,464 shares of Reddit stock. The shares were 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 value of $3,554,320.00.

Reddit Stock Performance

NYSE:RDDT opened at $127.56 on Friday. The stock has a fifty day moving average price of $157.86 and a two-hundred day moving average price of $199.65. The stock has a market capitalization of $24.37 billion, a price-to-earnings ratio of 48.69, a PEG 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.

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

Trending Headlines about Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: New ad formats and AI partnerships are drawing investor attention as potential revenue drivers that could improve long-term monetization and justify valuation upside. Reddit (RDDT) Valuation Check As New Ad Formats And AI Deals Draw Investor Attention
• Positive Sentiment: Recent sessions showed the stock outperforming major indices, signaling short-term investor appetite and momentum following strong quarterly results earlier this year. Reddit Inc. (RDDT) Beats Stock Market Upswing: What Investors Need to Know
• Neutral Sentiment: Reddit is rolling out identity and age-verification tools (including optional verified profiles and potential biometric options) to curb bots and improve ad quality; the move could boost advertiser confidence but may raise user-friction and privacy debates. Reddit introduces new age and human verification measures
• Negative Sentiment: Macro and sector weakness: Nasdaq and other tech-heavy indices slipped, and broader tech selling is cited as a key reason shares are down today—heat on the sector is pressuring RDDT alongside peers. Why Reddit Shares Are Trending Lower On Thursday?
• Negative Sentiment: Insider selling: CTO Christopher Slowe has sold multiple blocks of shares recently (9,500 shares on March 23rd among others), which investors often view negatively even if filings show ongoing holdings remain material. Reddit (NYSE:RDDT) CTO Christopher Brian Slowe Sells 9,500 Shares

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RDDT. Raiffeisen Bank International AG purchased a new stake in Reddit in the 3rd quarter valued at approximately $25,000. GW&K Investment Management LLC purchased a new position in Reddit during the third quarter worth $30,000. Cornerstone Planning Group LLC increased its position in Reddit by 13,500.0% during the third quarter. Cornerstone Planning Group LLC now owns 136 shares of the company’s stock worth $31,000 after buying an additional 135 shares in the last quarter. LOM Asset Management Ltd acquired a new position in shares of Reddit in the fourth quarter worth $33,000. Finally, Noble Wealth Management PBC purchased a new stake in shares of Reddit in the fourth quarter valued at $34,000.

Analyst Upgrades and Downgrades

RDDT has been the topic of several recent analyst reports. Roth Mkm upped their target price on shares of Reddit from $210.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. The Goldman Sachs Group reduced their price target on shares of Reddit from $236.00 to $206.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. Zacks Research lowered Reddit from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. Guggenheim raised their price objective on Reddit from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Robert W. Baird set a $200.00 price objective on Reddit 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 and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $242.19.

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.