In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Reddit Inc (NYSE: RDDT) closed at $107.29 down -19.92% from its previous closing price of $133.98. In other words, the price has decreased by -$19.92 from its previous closing price. On the day, 20.81 million shares were traded.
Ratios:
For a deeper understanding of Reddit Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 89.93. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 04 ’25 when Reynolds Michelle Marie sold 11,965 shares for $157.41 per share. The transaction valued at 1,883,399 led to the insider holds 48,418 shares of the business.
Lee Benjamin Seong sold 92,299 shares of RDDT for $14,523,543 on Mar 04 ’25. The Chief Legal Officer now owns 115,001 shares after completing the transaction at $157.35 per share. On Feb 28 ’25, another insider, Huffman Steve Ladd, who serves as the CEO & President of the company, sold 14,000 shares for $160.30 each. As a result, the insider received 2,244,253 and left with 597,515 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 14.93 while its Price-to-Book (P/B) ratio in mrq is 9.08.
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 -40.44%, while the 200-Day Moving Average is calculated to be -0.70%.
Shares Statistics:
A total of 125.00M shares are outstanding, with a floating share count of 109.32M. Insiders hold about 39.57% of the company’s shares, while institutions hold 52.92% stake in the company.
