Ieq Capital LLC Has $53.07 Million Stock Position in Reddit Inc. $RDDT

Posted by Francis Steltz on Jun 13th, 2026

Ieq Capital LLC decreased its stake in Reddit Inc. (NYSE:RDDT – Free Report) by 7.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 230,864 shares of the company’s stock after selling 19,317 shares during the quarter. Ieq Capital LLC’s holdings in Reddit were worth $53,069,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Raiffeisen Bank International AG acquired a new stake in Reddit during the 3rd quarter worth about $25,000. GW&K Investment Management LLC acquired a new stake in Reddit during the 3rd quarter worth about $30,000. LOM Asset Management Ltd acquired a new stake in Reddit during the 4th quarter worth about $33,000. Noble Wealth Management PBC acquired a new stake in Reddit during the 4th quarter worth about $34,000. Finally, Geneos Wealth Management Inc. boosted its position in Reddit by 344.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock worth $39,000 after acquiring an additional 286 shares during the period.

Reddit Price Performance

RDDT opened at $162.11 on Friday. Reddit Inc. has a fifty-two week low of $112.30 and a fifty-two week high of $282.95. The business has a 50-day moving average of $157.38 and a 200-day moving average of $176.88. The company has a market capitalization of $31.21 billion, a PE ratio of 46.32 and a beta of 1.91.

Reddit (NYSE:RDDT – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.39. Reddit had a return on equity of 25.48% and a net margin of 28.60%.The company had revenue of $663.41 million during the quarter, compared to the consensus estimate of $607.74 million. During the same period last year, the business earned $0.13 EPS. The business’s quarterly revenue was up 69.1% on a year-over-year basis. On average, equities research analysts expect that Reddit Inc. will post 4.83 earnings per share for the current fiscal year.

Insider Activity at Reddit

In related news, CTO Christopher Brian Slowe sold 15,500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $150.67, for a total value of $2,335,385.00. Following the transaction, the chief technology officer directly owned 38,413 shares of the company’s stock, valued at approximately $5,787,686.71. This trade represents a 28.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Steve Ladd Huffman sold 18,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $174.13, for a total value of $3,134,340.00. Following the completion of the transaction, the chief executive officer directly owned 373,814 shares in the company, valued at $65,092,231.82. The trade was a 4.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 232,499 shares of company stock valued at $36,123,803. Corporate insiders own 28.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Raymond James Financial set a $180.00 price objective on Reddit and gave the stock a “market perform” rating in a research report on Friday, May 1st. Loop Capital restated a “buy” rating and set a $260.00 price objective on shares of Reddit in a research report on Thursday, June 4th. Citigroup restated a “market outperform” rating on shares of Reddit in a research report on Tuesday, May 26th. Citizens Jmp decreased their price objective on Reddit from $250.00 to $240.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. Finally, Rothschild & Co Redburn set a $110.00 price objective on Reddit in a research report on Monday, April 27th. Eighteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $230.75.

View Our Latest Research Report on RDDT

Reddit Company Profile

(Free Report)

Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.

Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.

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Institutional Ownership by Quarter for Reddit (NYSE:RDDT)

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