Ma Investment Partnership LP Buys Shares of 100,000 Reddit Inc. $RDDT

Posted by Brenda Bartman on Jul 29th, 2026

Ma Investment Partnership LP bought a new position in shares of Reddit Inc. (NYSE:RDDT – Free Report) during the first quarter, HoldingsChannel.com reports. The firm bought 100,000 shares of the company’s stock, valued at approximately $13,465,000. Reddit makes up about 6.5% of Ma Investment Partnership LP’s portfolio, making the stock its 7th biggest position.

Several other institutional investors also recently modified their holdings of RDDT. Sunbelt Securities Inc. increased its stake in shares of Reddit by 87.5% in the 1st quarter. Sunbelt Securities Inc. now owns 195 shares of the company’s stock valued at $26,000 after acquiring an additional 91 shares during the last quarter. Ascentis Independent Advisors bought a new position in Reddit during the 1st quarter worth approximately $30,000. LOM Asset Management Ltd acquired a new position in Reddit during the fourth quarter valued at approximately $33,000. Geneos Wealth Management Inc. grew its holdings in Reddit by 344.6% during the first quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock valued at $39,000 after purchasing an additional 286 shares during the period. Finally, V Square Quantitative Management LLC bought a new stake in Reddit in the first quarter valued at approximately $43,000.

Insider Buying and Selling

In related news, COO Jennifer L. Wong sold 39,167 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $158.52, for a total value of $6,208,752.84. Following the completion of the transaction, the chief operating officer owned 1,088,451 shares of the company’s stock, valued at approximately $172,541,252.52. This trade represents a 3.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michelle Marie Reynolds sold 808 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $200.00, for a total transaction of $161,600.00. Following the sale, the chief accounting officer directly owned 15,060 shares in the company, valued at $3,012,000. This trade represents a 5.09% 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. Over the last 90 days, insiders sold 169,141 shares of company stock worth $28,680,845. 28.48% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on RDDT shares. Needham & Company LLC reissued a “buy” rating and issued a $300.00 price target on shares of Reddit in a report on Wednesday, June 24th. Piper Sandler reaffirmed an “overweight” rating and set a $215.00 price objective on shares of Reddit in a research note on Thursday, July 9th. Loop Capital reiterated a “buy” rating and set a $260.00 target price on shares of Reddit in a report on Thursday, June 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Reddit in a research note on Friday, May 8th. Finally, Rothschild & Co Redburn set a $110.00 price objective on Reddit in a research report on Monday, April 27th. Twenty research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $232.48.

View Our Latest Research Report on Reddit

Reddit Stock Performance

Shares of Reddit stock opened at $178.73 on Wednesday. The firm has a market cap of $34.41 billion, a PE ratio of 51.07 and a beta of 1.93. The business’s 50 day simple moving average is $175.55 and its 200 day simple moving average is $166.09. Reddit Inc. has a 52-week low of $119.27 and a 52-week high of $282.95.

Reddit (NYSE:RDDT – Get Free Report) last released 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 firm had revenue of $663.41 million during the quarter, compared to the consensus estimate of $607.74 million. During the same quarter in the prior year, the firm posted $0.13 EPS. The business’s revenue was up 69.1% on a year-over-year basis. As a group, equities research analysts predict that Reddit Inc. will post 4.85 EPS for the current year.

Reddit 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.