Market Watch: Reddit Inc (RDDT)’s Noteworthy Drop, Closing at 115.03

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

As of close of business last night, Reddit Inc’s stock clocked out at $115.03, down -1.76% from its previous closing price of $117.09. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 5.94 million shares were traded.

Ratios:

To gain a deeper understanding of RDDT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 67.77. For the most recent quarter (mrq), Quick Ratio is recorded 12.46 and its Current Ratio is at 12.46. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, RBC Capital Mkts on June 03, 2025, initiated with a Sector Perform rating and assigned the stock a target price of $125.

On May 19, 2025, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $115.

Seaport Research Partners Upgraded its Neutral to Buy on May 05, 2025, while the target price for the stock was maintained at $165.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 30 ’25 when Huffman Steve Ladd sold 14,000 shares for $110.05 per share. The transaction valued at 1,540,732 led to the insider holds 560,133 shares of the business.

Slowe Christopher Brian sold 26,000 shares of RDDT for $2,559,070 on May 22 ’25. The Chief Technology Officer now owns 251,373 shares after completing the transaction at $98.43 per share. On May 22 ’25, another insider, Lee Benjamin Seong, who serves as the Chief Legal Officer of the company, sold 6,854 shares for $98.42 each. As a result, the insider received 674,546 and left with 99,277 shares of the company.

Valuation Measures:

As of this moment, Reddit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 177.95, and their Forward P/E ratio for the next fiscal year is 50.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.64 while its Price-to-Book (P/B) ratio in mrq is 9.56.

Stock Price History:

Over the past 52 weeks, RDDT has reached a high of $230.41, while it has fallen to a 52-week low of $49.13. The 50-Day Moving Average of the stock is 6.51%, while the 200-Day Moving Average is calculated to be -7.26%.

Shares Statistics:

A total of 129.15M shares are outstanding, with a floating share count of 113.97M. Insiders hold about 38.24% of the company’s shares, while institutions hold 55.33% stake in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.