Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Reddit Inc shares valued at $2,559,070 were sold by Slowe Christopher Brian on May 22 ’25. At $98.43 per share, Slowe Christopher Brian sold 26,000 shares. The insider’s holdings dropped to 251,373 shares worth approximately $24.71 million following the completion of this transaction.
Also, Lee Benjamin Seong sold 6,854 shares, netting a total of over 674,546 in proceeds. Following the sale of shares at $98.42 each, the insider now holds 99,277 shares.
Before that, Reynolds Michelle Marie had sold 2,729 shares from its account. In a trade valued at $269,749, the Chief Accounting Officer traded Reddit Inc shares for $98.85 each. Upon closing the transaction, the insider’s holdings decreased to 2,729 shares, worth approximately $4.16 million.
As published in a research note from Wells Fargo on May 19, 2025, Reddit Inc [RDDT] has been rated down from an Overweight to an Equal weight and the price target has been revised to $115. Analysts at Seaport Research Partners upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early May. As of May 02, 2025, Bernstein has increased its “an Underperform” rating to a “Mkt perform” for RDDT. Earlier on April 16, 2025, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for RDDT stock.
Analyzing RDDT Stock Performance
During the last five days, there has been a drop of approximately -13.44%. Over the course of the year, Reddit Inc shares have dropped approximately -39.84%. 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.
Support And Resistance Levels for Reddit Inc (RDDT)
According to the 24-hour chart, there is a support level at 95.86, which, if violated, would cause prices to drop to 93.40. In the upper region, resistance lies at 100.61. The next price resistance is at 102.91. RSI (Relative Strength Index) is 40.80 on the 14-day chart, showing neutral technical sentiment.
