Reddit Inc’s recently made public that its CEO & President Huffman Steve Ladd unloaded Company’s shares for reported $2.12 million on Jun 30 ’25. In the deal valued at $151.35 per share,14,000 shares were sold. As a result of this transaction, Huffman Steve Ladd now holds 539,631 shares worth roughly $82.76 million.
Then, Reynolds Michelle Marie sold 3,500 shares, generating $527,240 in total proceeds. Upon selling the shares at $150.64, the Chief Accounting Officer now owns 37,868 shares.
Before that, Slowe Christopher Brian sold 16,000 shares. Reddit Inc shares valued at $2,183,554 were divested by the Chief Technology Officer at a price of $136.47 per share. As a result of the transaction, Slowe Christopher Brian now holds 246,373 shares, worth roughly $37.79 million.
Wells Fargo reiterated its Reddit Inc [RDDT] rating to an Equal weight in a research note published on July 01, 2025; the price target was $118. A number of analysts have revised their coverage, including Cleveland Research’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. RBC Capital Mkts began covering RDDT with “Sector perform” recommendation on June 03, 2025. Wells Fargo revised its rating on May 19, 2025. It rated RDDT as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of RDDT
On Monday, Reddit Inc [NYSE:RDDT] saw its stock fall -2.33% to $153.37. Over the last five days, the stock has gained 7.24%. Reddit Inc shares have risen nearly 108.64% since the year began. Nevertheless, the stocks have fallen -6.16% 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 150.16, which if violated will result in even more drops to 146.94. On the upside, there is a resistance level at 155.99. A further resistance level may holdings at 158.60.
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.
