Reddit Inc’s filing revealed that its CEO & President Huffman Steve Ladd unloaded Company’s shares for reported $1.54 million on May 30 ’25. In the deal valued at $110.05 per share,14,000 shares were sold. As a result of this transaction, Huffman Steve Ladd now holds 560,133 shares worth roughly $65.83 million.
Then, Slowe Christopher Brian sold 26,000 shares, generating $2,559,070 in total proceeds. Upon selling the shares at $98.43, the Chief Technology Officer now owns 251,373 shares.
Before that, Lee Benjamin Seong sold 6,854 shares. Reddit Inc shares valued at $674,546 were divested by the Chief Legal Officer at a price of $98.42 per share. As a result of the transaction, Lee Benjamin Seong now holds 99,277 shares, worth roughly $11.67 million.
RBC Capital Mkts initiated its Reddit Inc [RDDT] rating to a Sector perform in a research note published on June 03, 2025; the price target was $125. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid May from “an Overweight” to “an Equal weight”. Seaport Research Partners also remained covering RDDT and has increased its forecast on May 05, 2025 with a “Buy” recommendation from previously “Neutral” rating. Bernstein revised its rating on May 02, 2025. It rated RDDT as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of RDDT
On Monday, Reddit Inc [NYSE:RDDT] saw its stock fall -3.10% to $117.53. Over the last five days, the stock has gained 4.83%. Reddit Inc shares have fallen nearly -28.09% since the year began. Nevertheless, the stocks have risen 95.66% over the past one year. SMA at 50 days reached $107.61, while 200 days put it at $123.44.
Levels Of Support And Resistance For RDDT Stock
The Relative Strength Index (RSI) on the 14-day chart is 55.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.43%. Stochastics %K at 84.51% indicates the stock is a selling.
The most recent change occurred on April 16, 2025 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $125 price target.
