Technical Breakout: Social media chatter highlights RDDT shares reclaiming key moving averages after months of consolidation following an earlier pullback. Observers point to a surge on elevated volume that cleared a major daily base and opened room toward prior highs near 213.
Fundamental Backing: Participants emphasize Reddit’s sustained revenue expansion of roughly 69 percent year over year across recent quarters alongside gross margins near 90 percent. The ongoing AI data-licensing narrative is cited as an additional catalyst supporting the price recovery.
Market Caution: Some note the stock appears extended on short-term measures such as RSI, prompting suggestions to monitor for potential pullbacks toward the 185–190 zone before adding exposure.
Note: This discussion summary was generated from an AI condensation of post data.
Reddit Insider Trading Activity
Reddit insiders have traded $RDDT stock on the open market 229 times in the past 6 months. Of those trades, 4 have been purchases and 225 have been sales.
Here’s a breakdown of recent trading of $RDDT stock by insiders over the last 6 months:
- JENNIFER L. WONG (Chief Operating Officer) has made 0 purchases and 62 sales selling 235,075 shares for an estimated $39,548,910.
- STEVE LADD HUFFMAN (CEO & President) has made 0 purchases and 98 sales selling 216,000 shares for an estimated $35,611,105.
- CHRISTOPHER BRIAN SLOWE (Chief Technology Officer) has made 0 purchases and 42 sales selling 79,000 shares for an estimated $12,410,207.
- SARAH E FARRELL has made 4 purchases buying 61,000 shares for an estimated $8,870,869 and 0 sales.
- BENJAMIN SEONG LEE (Chief Legal Officer) has made 0 purchases and 9 sales selling 8,895 shares for an estimated $1,663,110.
- ANDREW VOLLERO (Chief Financial Officer) has made 0 purchases and 6 sales selling 3,974 shares for an estimated $1,037,907.
- MICHELLE MARIE REYNOLDS (Chief Accounting Officer) has made 0 purchases and 8 sales selling 3,099 shares for an estimated $490,575.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Reddit Revenue
Reddit had revenues of $663.4M in Q1 2026. This is an increase of 69.08% from the same period in the prior year.
You can track RDDT financials on Quiver Quantitative's RDDT stock page.
You can access data on RDDT stock through the Quiver Quantitative API.
Reddit Hedge Fund Activity
We have seen 415 institutional investors add shares of Reddit stock to their portfolio, and 412 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 7,002,549 shares (-70.6%) from their portfolio in Q1 2026, for an estimated $942,893,222
- COATUE MANAGEMENT LLC removed 2,760,350 shares (-49.7%) from their portfolio in Q1 2026, for an estimated $371,681,127
- VIKING GLOBAL INVESTORS LP added 2,551,617 shares (+inf%) to their portfolio in Q1 2026, for an estimated $343,575,229
- GOLDMAN SACHS GROUP INC added 2,082,281 shares (+173.4%) to their portfolio in Q1 2026, for an estimated $280,379,136
- ALLIANCEBERNSTEIN L.P. added 1,758,591 shares (+56.5%) to their portfolio in Q1 2026, for an estimated $236,794,278
- MARSHALL WACE, LLP added 1,303,731 shares (+109.5%) to their portfolio in Q1 2026, for an estimated $175,547,379
- CAPITAL WORLD INVESTORS removed 1,203,404 shares (-21.4%) from their portfolio in Q1 2026, for an estimated $162,038,348
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Reddit Analyst Ratings
Wall Street analysts have issued reports on $RDDT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/01/2026
To track analyst ratings and price targets for Reddit, check out Quiver Quantitative's $RDDT forecast page.
Reddit Price Targets
Multiple analysts have issued price targets for $RDDT recently. We have seen 18 analysts offer price targets for $RDDT in the last 6 months, with a median target of $227.5.
Here are some recent targets:
- Alec Brondolo from Wells Fargo set a target price of $187.0 on 07/07/2026
- Laura Martin from Needham set a target price of $300.0 on 06/24/2026
- Rob Sanderson from Loop Capital set a target price of $260.0 on 06/04/2026
- Andrew Boone from Citizens set a target price of $240.0 on 05/01/2026
- Mark Mahaney from Evercore ISI Group set a target price of $300.0 on 05/01/2026
- Wyatt Swanson from DA Davidson set a target price of $200.0 on 05/01/2026
- Thomas Champion from Piper Sandler set a target price of $215.0 on 05/01/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
