Munro Partners Has $8.28 Million Stock Holdings in Reddit Inc. $RDDT

Munro Partners lifted its holdings in shares of Reddit Inc. (NYSE:RDDT) by 93.4% during the third quarter, Holdings Channel.com reports. The firm owned 36,000 shares of the company’s stock after acquiring an additional 17,390 shares during the quarter. Munro Partners’ holdings in Reddit were worth $8,280,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Yousif Capital Management LLC bought a new stake in Reddit in the third quarter valued at $340,000. Farther Finance Advisors LLC boosted its holdings in shares of Reddit by 173.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,372 shares of the company’s stock worth $1,465,000 after buying an additional 4,043 shares during the last quarter. TCI Wealth Advisors Inc. purchased a new stake in shares of Reddit during the 3rd quarter worth approximately $209,000. AdvisorNet Financial Inc grew its stake in shares of Reddit by 2.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 2,464 shares of the company’s stock worth $567,000 after acquiring an additional 66 shares during the period. Finally, Meadowbrook Wealth Management LLC bought a new stake in shares of Reddit in the third quarter valued at approximately $918,000.

Insider Transactions at Reddit

In other Reddit news, CTO Christopher Brian Slowe sold 14,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $233.99, for a total value of $3,275,860.00. Following the completion of the sale, the chief technology officer directly owned 173,694 shares in the company, valued at $40,642,659.06. This trade represents a 7.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steve Ladd Huffman sold 18,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $220.28, for a total value of $3,965,040.00. Following the transaction, the chief executive officer directly owned 448,576 shares in the company, valued at $98,812,321.28. This represents a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 465,333 shares of company stock worth $97,164,104. Insiders own 34.25% of the company’s stock.

Reddit Trading Down 3.2%

Shares of RDDT stock opened at $225.76 on Wednesday. The stock has a market capitalization of $42.78 billion, a price-to-earnings ratio of 129.74, a price-to-earnings-growth ratio of 2.57 and a beta of 2.17. Reddit Inc. has a 12-month low of $79.75 and a 12-month high of $282.95. The stock’s 50-day moving average price is $209.69 and its 200-day moving average price is $197.82.

Reddit (NYSE:RDDT) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.50 by $0.30. Reddit had a net margin of 18.33% and a return on equity of 14.94%. The company had revenue of $584.91 million during the quarter, compared to analyst estimates of $546.65 million. During the same period in the previous year, the firm earned $0.16 earnings per share. Reddit’s quarterly revenue was up 67.9% compared to the same quarter last year. As a group, research analysts predict that Reddit Inc. will post 1.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Roth Capital set a $210.00 price target on shares of Reddit in a report on Friday, October 31st. B. Riley restated a “buy” rating and set a $245.00 price target (up from $235.00) on shares of Reddit in a research report on Friday, October 31st. JMP Securities restated a “market outperform” rating and set a $300.00 price target on shares of Reddit in a report on Friday, October 3rd. JPMorgan Chase & Co. lifted their target price on shares of Reddit from $190.00 to $227.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, Morgan Stanley restated an “overweight” rating and set a $250.00 target price on shares of Reddit in a report on Friday, October 31st. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $230.28.

Key Stores Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Needham named RDDT a top pick for 2026 and added it to its “Conviction Buy” list, setting a $300 price target (roughly ~33% upside from current levels) while citing ad-business growth and AI/content-licensing opportunities. Barron’s: Needham Top Pick
• Positive Sentiment: Reddit reported strong monetization trends: ARPU rose ~41% in Q3 2025 driven by advertiser growth, improved ad tools and higher global engagement — a clear fundamental support for revenue/earnings upside. Zacks: ARPU Growth
• Positive Sentiment: Company initiatives to expand digital engagement and build community-platform integrations were highlighted as drivers of user/time-on-site and ad inventory growth — a strategic plus for ad revenue scaling. Kalkine: Digital Engagement
• Neutral Sentiment: Options/flow commentary (video) flags optimism from traders after the Needham call, but options chatter can amplify swings without changing fundamentals. YouTube: Options Corner
• Negative Sentiment: Insider selling: COO Jennifer L. Wong sold 39,167 shares (~$9.18M) on Dec 19; her remaining stake still sizable but the sale is a near-term negative signal for sentiment. SEC filing: SEC Form 4

Reddit Profile

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.