In a filing, Reddit Inc revealed its Director The XYZ Revocable Trust acquired Company’s shares for reported $8.27 million on Jun 16 ’25. In the deal valued at $118.18 per share,70,000 shares were bought.
Then, JENNIFER WONG bought 66,667 shares, generating $7,878,706 in total proceeds.
Before that, MICHELLE REYNOLDS bought 909 shares. Reddit Inc shares valued at $107,426 were divested by the Officer at a price of $118.18 per share.
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 jump 6.79% to $126.20. Over the last five days, the stock has gained 7.38%. Reddit Inc shares have fallen nearly -22.79% since the year began. Nevertheless, the stocks have risen 91.42% 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 122.89, which if violated will result in even more drops to 119.58. On the upside, there is a resistance level at 128.05. A further resistance level may holdings at 129.90.
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.
