Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Reddit Inc shares valued at $1,549,335 were sold by Huffman Steve Ladd on May 06 ’25. At $110.67 per share, Huffman Steve Ladd sold 14,000 shares. The insider’s holdings dropped to 577,013 shares worth approximately $62.22 million following the completion of this transaction.
Also, Slowe Christopher Brian sold 11,000 shares, netting a total of over 1,097,238 in proceeds. Following the sale of shares at $99.75 each, the insider now holds 281,213 shares.
Before that, Slowe Christopher Brian had sold 5,068 shares from its account. In a trade valued at $563,986, the Chief Technology Officer traded Reddit Inc shares for $111.28 each. Upon closing the transaction, the insider’s holdings decreased to 5,068 shares, worth approximately $2.18 million.
As published in a research note from Seaport Research Partners on May 05, 2025, Reddit Inc [RDDT] has been rated up from a Neutral to a Buy and the price target has been revised to $165. Analysts at Bernstein upgraded the stock from ‘”an Underperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early May. As of April 16, 2025, Oppenheimer has initiated its “an Outperform” rating for RDDT. Earlier on April 07, 2025, Truist initiated its rating. Their recommendation was “a Buy” for RDDT stock.
Analyzing RDDT Stock Performance
During the last five days, there has been a drop of approximately -9.23%. Over the course of the year, Reddit Inc shares have dropped approximately -34.02%. 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 $116.43, while a 200-day SMA reached $117.87.
Support And Resistance Levels for Reddit Inc (RDDT)
According to the 24-hour chart, there is a support level at 105.47, which, if violated, would cause prices to drop to 103.10. In the upper region, resistance lies at 109.93. The next price resistance is at 112.02. RSI (Relative Strength Index) is 46.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.04, which suggests the price will decrease in the coming days. Percent R is at 51.73%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
