Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Reddit Inc shares valued at $12,407,769 were sold by Vollero Andrew on Mar 24 ’25. At $124.08 per share, Vollero Andrew sold 100,000 shares. The insider’s holdings dropped to 499,295 shares worth approximately $55.04 million following the completion of this transaction.
Also, Vollero Andrew sold 100,000 shares, netting a total of over 12,350,512 in proceeds. Following the sale of shares at $123.51 each, the insider now holds 399,295 shares.
Before that, Slowe Christopher Brian had sold 11,000 shares from its account. In a trade valued at $1,364,922, the Chief Technology Officer traded Reddit Inc shares for $124.08 each. Upon closing the transaction, the insider’s holdings decreased to 11,000 shares, worth approximately $31.0 million.
As published in their initiating research note from Redburn Atlantic on March 17, 2025, Reddit Inc [RDDT] has been a Sell and the price target has been revised to $75. Analysts at Seaport Research Partners started covering the stock with ‘”a Neutral”‘ outlook in a report released in early February. As of January 22, 2025, ROTH MKM has decreased its “Buy” rating to a “Neutral” for RDDT. Earlier on December 20, 2024, Guggenheim initiated its rating. Their recommendation was “a Buy” for RDDT stock.
Analyzing RDDT Stock Performance
During the last five days, there has been a surge of approximately 1.36%. Over the course of the year, Reddit Inc shares have dropped approximately -32.56%. Shares of the company reached a 52-week high of $230.41 on 02/10/25 and a 52-week low of $105.50 on 03/19/25. A 50-day SMA is recorded $166.81, while a 200-day SMA reached $112.09.
Support And Resistance Levels for Reddit Inc (RDDT)
According to the 24-hour chart, there is a support level at 107.69, which, if violated, would cause prices to drop to 105.14. In the upper region, resistance lies at 115.14. The next price resistance is at 120.04. RSI (Relative Strength Index) is 35.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.04, which suggests the price will decrease in the coming days. Percent R is at 87.04%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
