The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Reddit Inc shares valued at $1,445,914 were sold by Huffman Steve Ladd on Mar 31 ’25. At $103.28 per share, Huffman Steve Ladd sold 14,000 shares. The insider’s holdings dropped to 577,013 shares worth approximately $58.86 million following the completion of this transaction.
Also, Vollero Andrew sold 100,000 shares, netting a total of over 12,407,769 in proceeds. Following the sale of shares at $124.08 each, the insider now holds 499,295 shares.
Before that, Vollero Andrew had sold 100,000 shares from its account. In a trade valued at $12,350,512, the Chief Financial Officer traded Reddit Inc shares for $123.51 each. Upon closing the transaction, the insider’s holdings decreased to 100,000 shares, worth approximately $40.73 million.
As published in their initiating research note from Truist on April 07, 2025, Reddit Inc [RDDT] has been a Buy and the price target has been revised to $150. Analysts at Redburn Atlantic started covering the stock with ‘”a Sell”‘ outlook in a report released in mid March. As of February 06, 2025, Seaport Research Partners has initiated its “Neutral” rating for RDDT. Earlier on January 22, 2025, ROTH MKM downgraded its rating. Their new recommendation was “a Neutral” for RDDT stock which previously was a “a Buy”.
Analyzing RDDT Stock Performance
During the last five days, there has been a surge of approximately 5.27%. Over the course of the year, Reddit Inc shares have dropped approximately -37.59%. Shares of the company reached a 52-week high of $230.41 on 02/10/25 and a 52-week low of $79.75 on 04/07/25. A 50-day SMA is recorded $150.32, while a 200-day SMA reached $114.13.
Support And Resistance Levels for Reddit Inc (RDDT)
According to the 24-hour chart, there is a support level at 98.03, which, if violated, would cause prices to drop to 94.06. In the upper region, resistance lies at 106.72. The next price resistance is at 111.44. RSI (Relative Strength Index) is 41.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.95, which suggests the price will decrease in the coming days. Percent R is at 53.16%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
