Reddit Inc. $RDDT Stock Position Lifted by Sei Investments Co.

Posted by Geri Gentry on Jul 30th, 2026

Sei Investments Co. lifted its position in Reddit Inc. (NYSE:RDDT – Free Report) by 30.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 148,386 shares of the company’s stock after acquiring an additional 34,750 shares during the period. Sei Investments Co.’s holdings in Reddit were worth $19,980,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Truist Financial Corp grew its position in shares of Reddit by 67.7% during the 4th quarter. Truist Financial Corp now owns 15,659 shares of the company’s stock valued at $3,600,000 after buying an additional 6,321 shares during the last quarter. Swiss Life Asset Management Ltd lifted its holdings in Reddit by 63.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 32,003 shares of the company’s stock worth $7,357,000 after acquiring an additional 12,398 shares during the last quarter. Calamos Advisors LLC acquired a new position in Reddit in the fourth quarter valued at approximately $2,299,000. Handelsbanken Fonder AB boosted its stake in Reddit by 22.9% in the fourth quarter. Handelsbanken Fonder AB now owns 37,000 shares of the company’s stock valued at $8,505,000 after acquiring an additional 6,900 shares during the period. Finally, Berkshire Capital Holdings Inc. grew its holdings in shares of Reddit by 326,400.0% during the fourth quarter. Berkshire Capital Holdings Inc. now owns 32,650 shares of the company’s stock valued at $7,505,000 after purchasing an additional 32,640 shares during the last quarter.

Insiders Place Their Bets

In other news, CEO Steve Ladd Huffman sold 18,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $178.26, for a total value of $3,208,680.00. Following the completion of the transaction, the chief executive officer owned 373,814 shares of the company’s stock, valued at approximately $66,636,083.64. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer L. Wong sold 39,167 shares of Reddit stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $158.52, for a total transaction of $6,208,752.84. Following the sale, the chief operating officer owned 1,088,451 shares in the company, valued at approximately $172,541,252.52. This represents a 3.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 169,141 shares of company stock worth $28,680,845. 28.48% of the stock is owned by company insiders.

Reddit Trading Down 0.3%

RDDT opened at $177.97 on Thursday. The business’s 50 day moving average is $176.17 and its 200-day moving average is $165.56. The stock has a market cap of $34.26 billion, a PE ratio of 50.85 and a beta of 1.93. Reddit Inc. has a twelve month low of $119.27 and a twelve month high of $282.95.

Reddit (NYSE:RDDT – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.01 earnings per share (EPS) 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 business had revenue of $663.41 million during the quarter, compared to analyst estimates of $607.74 million. During the same period in the prior year, the company posted $0.13 EPS. The business’s revenue for the quarter was up 69.1% compared to the same quarter last year. As a group, analysts forecast that Reddit Inc. will post 4.85 EPS for the current year.

Wall Street Analysts Forecast Growth

RDDT has been the topic of several recent research reports. KeyCorp initiated coverage on Reddit in a report on Wednesday. They issued an “overweight” rating and a $225.00 price target on the stock. Wedbush restated an “outperform” rating on shares of Reddit in a research note on Thursday, July 23rd. Raymond James Financial set a $180.00 price objective on Reddit and gave the stock a “market perform” rating in a research note on Friday, May 1st. Oppenheimer reaffirmed an “outperform” rating and issued a $225.00 target price on shares of Reddit in a research report on Friday, May 1st. Finally, Loop Capital reiterated a “buy” rating and issued a $260.00 target price on shares of Reddit in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $232.23.

View Our Latest Stock Analysis on RDDT

About Reddit

(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.

Reddit Inc. $RDDT Stock Position Lifted by Sei Investments Co.

Insiders Place Their Bets

Reddit Trading Down 0.3%

Wall Street Analysts Forecast Growth

About Reddit

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