Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Reddit Inc’s stock clocked out at $166.40, down -5.15% from its previous closing price of $175.44. In other words, the price has decreased by -$5.15 from its previous closing price. On the day, 9.92 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 16.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 139.43. For the most recent quarter (mrq), Quick Ratio is recorded 12.63 and its Current Ratio is at 12.63. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On January 22, 2025, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $116 to $195.
On December 20, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $210.Guggenheim initiated its Buy rating on December 20, 2024, with a $210 target price.
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 Feb 21 ’25 when MARY PORTER GALE bought 20,000 shares for $169.71 per share.
Wong Jennifer L. sold 33,333 shares of RDDT for $6,257,428 on Feb 18 ’25. The Chief Operating Officer now owns 1,504,297 shares after completing the transaction at $187.72 per share. On Feb 18 ’25, another insider, Huffman Steve Ladd, who serves as the CEO & President of the company, sold 110,408 shares for $187.72 each. As a result, the insider received 20,725,318 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 23.14 while its Price-to-Book (P/B) ratio in mrq is 14.08.
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 $37.35. The 50-Day Moving Average of the stock is -9.03%, while the 200-Day Moving Average is calculated to be 62.15%.
Shares Statistics:
A total of 125.00M shares are outstanding, with a floating share count of 103.97M. Insiders hold about 40.60% of the company’s shares, while institutions hold 54.62% stake in the company.
