Reddit Inc’s recently made public that its Chief Accounting Officer Reynolds Michelle Marie unloaded Company’s shares for reported $0.53 million on Jun 25 ’25. In the deal valued at $150.64 per share,3,500 shares were sold. As a result of this transaction, Reynolds Michelle Marie now holds 37,868 shares worth roughly $5.7 million.
Then, Slowe Christopher Brian sold 16,000 shares, generating $2,183,554 in total proceeds. Upon selling the shares at $136.47, the Chief Technology Officer now owns 246,373 shares.
Before that, MICHELLE REYNOLDS bought 3,500 shares. Reddit Inc shares valued at $492,765 were divested by the Officer at a price of $140.79 per share.
Cleveland Research initiated its Reddit Inc [RDDT] rating to a Buy in a research note published on June 25, 2025; the price target was $166. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in early June with a ‘”a Sector perform”‘ rating. Wells Fargo also remained covering RDDT and has decreased its forecast on May 19, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Seaport Research Partners revised its rating on May 05, 2025. It rated RDDT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of RDDT
On Monday, Reddit Inc [NYSE:RDDT] saw its stock jump 5.29% to $150.57. Over the last five days, the stock has gained 12.25%. Reddit Inc shares have risen nearly 136.71% since the year began. Nevertheless, the stocks have fallen -7.87% over the past one year. While a 52-week high of $230.41 was reached on 02/10/25, a 52-week low of $49.13 was recorded on 04/07/25.
Levels Of Support And Resistance For RDDT Stock
The 24-hour chart illustrates a support level at 146.57, which if violated will result in even more drops to 142.56. On the upside, there is a resistance level at 154.79. A further resistance level may holdings at 159.00.
How much short interest is there in Reddit Inc?
A steep rise in short interest was recorded in Reddit Inc stocks on 2025-06-13, dropping by -1.65 million shares to a total of 19.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 21.24 million shares. There was a decline of -8.44%, which implies that there is a negative sentiment for the stock.
