Reddit Inc’s recent filing unveils that its CEO & President Huffman Steve Ladd unloaded Company’s shares for reported $2.04 million on Jul 15 ’25. In the deal valued at $145.63 per share,14,000 shares were sold. As a result of this transaction, Huffman Steve Ladd now holds 539,631 shares worth roughly $78.94 million.
Then, Wong Jennifer L. sold 33,334 shares, generating $4,735,300 in total proceeds. Upon selling the shares at $142.06, the Chief Operating Officer now owns 1,428,007 shares.
Before that, Huffman Steve Ladd sold 14,000 shares. Reddit Inc shares valued at $2,118,943 were divested by the CEO & President at a price of $151.35 per share. As a result of the transaction, Huffman Steve Ladd now holds 539,631 shares, worth roughly $78.94 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 -1.32% to $146.29. Over the last five days, the stock has lost -0.06%. Reddit Inc shares have risen nearly 124.34% since the year began. Nevertheless, the stocks have fallen -10.49% over the past one year.
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.
