$60,000 of REDDIT INC. lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Internet issues, including liability protections for online platforms; Legislation and regulation related to Section 230 of the Communications Decency Act; Content moderation; Modernizing financial services; Issues related to privacy and security; S. 1409/H.R. 7891, Kids Online Safety Act; S. 1418/H.R. 7890, Children and Teens Online Privacy Protection Act (COPPA 2.0); S. 1207, Eliminating Abusive and Rampant Neglect of Interactive Technologies (EARN IT) Act of 2023; S. 1199, Strengthening Transparency and Obligations to Protect Children Suffering from Abuse and Mistreatment Act of 2023 (STOP CSAM Act); S. 4569/H.R. 8989, TAKE IT DOWN Act"
You can find more data on corporate lobbying on Quiver Quantitative.
RDDT Insider Trading Activity
RDDT insiders have traded $RDDT stock on the open market 260 times in the past 6 months. Of those trades, 0 have been purchases and 260 have been sales.
Here’s a breakdown of recent trading of $RDDT stock by insiders over the last 6 months:
- HOLDINGS LTD TENCENT has made 0 purchases and 49 sales selling 3,035,965 shares for an estimated $400,001,872.
- STEVE LADD HUFFMAN (CEO & President) has made 0 purchases and 100 sales selling 816,448 shares for an estimated $90,202,175.
- JENNIFER L. WONG (Chief Operating Officer) has made 0 purchases and 37 sales selling 250,000 shares for an estimated $25,508,301.
- CHRISTOPHER BRIAN SLOWE (Chief Technology Officer) has made 0 purchases and 35 sales selling 100,000 shares for an estimated $10,205,884.
- MICHAEL SEIBEL has made 0 purchases and 4 sales selling 81,697 shares for an estimated $9,093,245.
- ANDREW VOLLERO (Chief Financial Officer) has made 0 purchases and 14 sales selling 100,000 shares for an estimated $8,001,125.
- BENJAMIN SEONG LEE (Chief Legal Officer) has made 0 purchases and 10 sales selling 82,845 shares for an estimated $6,221,040.
- MARY PORTER GALE has made 0 purchases and 7 sales selling 70,000 shares for an estimated $4,001,832.
- MICHELLE MARIE REYNOLDS (Chief Accounting Officer) has made 0 purchases and 4 sales selling 20,000 shares for an estimated $1,127,985.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
RDDT Hedge Fund Activity
We have seen 235 institutional investors add shares of RDDT stock to their portfolio, and 55 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 9,139,196 shares (+302.8%) to their portfolio in Q3 2024, for an estimated $602,455,800
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,402,200 shares (+145.8%) to their portfolio in Q3 2024, for an estimated $158,353,024
- CITADEL ADVISORS LLC added 2,382,105 shares (+950.8%) to their portfolio in Q3 2024, for an estimated $157,028,361
- POINT72 ASSET MANAGEMENT, L.P. added 2,225,895 shares (+3172.0%) to their portfolio in Q3 2024, for an estimated $146,730,998
- INCLUSIVE CAPITAL PARTNERS, L.P. removed 2,089,430 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $137,735,225
- HOLOCENE ADVISORS, LP added 1,923,109 shares (+177.6%) to their portfolio in Q3 2024, for an estimated $126,771,345
- LORD, ABBETT & CO. LLC added 1,548,450 shares (+1519.4%) to their portfolio in Q3 2024, for an estimated $102,073,824
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
