Reddit Inc (NYSE: RDDT) is 145.19% higher on its value in year-to-date trading and has touched a low of $49.13 and a high of $230.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RDDT stock was last observed hovering at around $134.14 in the last trading session, with the day’s loss setting it -125.62%.
Currently trading at $8.52M, the stock is 17.06% and 24.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.28 million and changing 6275276% at the moment leaves the stock 10.90% off its SMA200. RDDT registered -13.86% loss for a year compared to 6-month loss of -12.36%. The firm has a 50-day simple moving average (SMA 50) of $113.0324 and a 200-day simple moving average (SMA200) of $126.95525.
The stock witnessed a 43.20% gain in the last 1 month and extending the period to 3 months gives it a 12.69%, and is 11.56% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.50% over the week and 3.77% over the month.
Reddit Inc (RDDT) has around 2233 employees, a market worth around $25.98B and $1.45B in sales. Current P/E ratio is 217.81 and Fwd P/E is 61.36. Profit margin for the company is 8.07%. Distance from 52-week low is 186.57% and -38.90% from its 52-week high. The company has generated returns on investments over the last 12 months (5.23%).
The EPS is expected to grow by 137.32% this year.
Reddit Inc (RDDT) Top Institutional Holders
736.0 institutions hold shares in Reddit Inc (RDDT), with institutional investors hold 91.39% of the company’s shares. The shares outstanding are 129.15M, and float is at 114.42M with Short Float at 17.05%. Institutions hold 85.09% of the Float.
The top institutional shareholder in the company is FMR LLC with over 3.02 million shares valued at $192.85 million. The investor’s holdings represent 1.8362% of the RDDT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.44 million shares valued at $156.21 million to account for 1.4873 of the shares outstanding. The other top investors are INCLUSIVE CAPITAL PARTNERS, L.P. which holds 2.09 million shares representing 1.2711% and valued at over $133.49 million, while BANK OF NEW YORK MELLON CORP holds 1.012 of the shares totaling 1.66 million with a market value of $106.29 million.
Reddit Inc (RDDT) Insider Activity
Reddit Inc disclosed in a document filed with the SEC on Jun 16 ’25 that Huffman Steve Ladd (CEO & President) sold a total of 124,409 shares of the company’s common stock. The trade occurred on Jun 16 ’25 and was made at $124.45 per share for $15.48 million. Following the transaction, the insider now directly holds 0.55 million shares of the RDDT stock.
Still, SEC filings show that on Jun 16 ’25, Wong Jennifer L. (Chief Operating Officer) disposed off 33,333 shares at an average price of $124.45 for $4.15 million. The insider now directly holds 1,428,007 shares of Reddit Inc (RDDT).
