Reddit Inc’s filing revealed that its CEO & President Huffman Steve Ladd unloaded Company’s shares for reported $1.45 million on Mar 31 ’25. In the deal valued at $103.28 per share,14,000 shares were sold. As a result of this transaction, Huffman Steve Ladd now holds 577,013 shares worth roughly $56.7 million.
Then, Vollero Andrew sold 100,000 shares, generating $12,407,769 in total proceeds. Upon selling the shares at $124.08, the Chief Financial Officer now owns 499,295 shares.
Before that, Vollero Andrew sold 100,000 shares. Reddit Inc shares valued at $12,350,512 were divested by the Chief Financial Officer at a price of $123.51 per share. As a result of the transaction, Vollero Andrew now holds 399,295 shares, worth roughly $39.23 million.
Truist initiated its Reddit Inc [RDDT] rating to a Buy in a research note published on April 07, 2025; the price target was $150. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in mid March with a ‘”a Sell”‘ rating. Seaport Research Partners began covering RDDT with “Neutral” recommendation on February 06, 2025. ROTH MKM revised its rating on January 22, 2025. It rated RDDT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RDDT
On Monday, Reddit Inc [NYSE:RDDT] saw its stock fall -2.86% to $98.26. Over the last five days, the stock has gained 5.66%. Reddit Inc shares have fallen nearly -39.88% since the year began. Nevertheless, the stocks have risen 120.66% over the past one year. While a 52-week high of $230.41 was reached on 02/10/25, a 52-week low of $37.35 was recorded on 04/07/25. SMA at 50 days reached $146.34, while 200 days put it at $114.50.
Levels Of Support And Resistance For RDDT Stock
The 24-hour chart illustrates a support level at 95.01, which if violated will result in even more drops to 91.75. On the upside, there is a resistance level at 104.01. A further resistance level may holdings at 109.75. The Relative Strength Index (RSI) on the 14-day chart is 40.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.63%. Stochastics %K at 44.08% indicates the stock is a holding.
How much short interest is there in Reddit Inc?
A steep rise in short interest was recorded in Reddit Inc stocks on 2025-03-31, growing by 3.93 million shares to a total of 18.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 14.65 million shares. There was a rise of 21.15%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 20, 2024 when Guggenheim began covering the stock and recommended ‘”a Buy”‘ rating along with a $210 price target.
