Jones Financial Companies Lllp Has $3.42 Million Position in Reddit Inc. $RDDT

Jones Financial Companies Lllp boosted its stake in shares of Reddit Inc. (NYSE:RDDT) by 42.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 14,224 shares of the company’s stock after buying an additional 4,252 shares during the period. Jones Financial Companies Lllp’s holdings in Reddit were worth $3,415,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in RDDT. GAMMA Investing LLC boosted its stake in Reddit by 8,650.0% in the 3rd quarter. GAMMA Investing LLC now owns 175 shares of the company’s stock worth $40,000 after purchasing an additional 173 shares during the period. Cloud Capital Management LLC bought a new stake in shares of Reddit in the third quarter valued at about $47,000. Covestor Ltd boosted its position in shares of Reddit by 138.5% during the third quarter. Covestor Ltd now owns 217 shares of the company’s stock worth $50,000 after buying an additional 126 shares during the period. Financial Perspectives Inc bought a new position in shares of Reddit during the second quarter worth about $34,000. Finally, Advisors Asset Management Inc. grew its holdings in shares of Reddit by 68.2% during the second quarter. Advisors Asset Management Inc. now owns 365 shares of the company’s stock worth $55,000 after buying an additional 148 shares in the last quarter.

Reddit News Roundup

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Strong Q4 results and raised guidance — Reddit reported Q4 EPS and revenue above estimates and forecast Q1 revenue above Street expectations, a key reason the stock rallied after the print. Reddit forecasts revenue above estimates as AI fuels ad sales
• Positive Sentiment: $1 billion share buyback announced — management authorized a sizable repurchase program that should support EPS and reduce float over time. Reddit Reports Fourth Quarter and Full Year 2025 Results; Announces $1 Billion Share Repurchase Program
• Positive Sentiment: Analysts reacting — several firms raised price targets and reaffirmed buy ratings after the quarter, signaling continued bullish institutional views. These Analysts Revise Their Forecasts On Reddit Following Q4 Results
• Neutral Sentiment: AI and product roadmap could drive longer-term ad monetization — management highlighted AI search and ad tools as growth drivers, but monetization timelines remain multi-quarter. Reddit looks to AI search as its next big opportunity
• Neutral Sentiment: M&A appetite announced — Reddit told analysts it’s scouting adtech and other buys that either scale across Reddit or grow users; strategic but uncertain near-term impact. Reddit says it’s looking for more acquisitions in adtech and elsewhere
• Negative Sentiment: CEO insider selling reported — recent disclosure of a multi-million-dollar sale by the CEO has been cited as a near-term selling catalyst. Insider Selling: Reddit (NYSE:RDDT) CEO Sells $3,297,240.00 in Stock
• Negative Sentiment: Transparency change: company plans to stop disclosing logged‑in vs. logged‑out user counts in 2026 — investors may view that as reduced visibility into engagement trends. Reddit (RDDT) plans to stop disclosing logged-in and logged-out user numbers in 2026
• Negative Sentiment: Valuation and profit-taking — after the post-earnings jump, some investors appear to be locking in gains amid divergent DCF/valuation views and very high intraday volume, pressuring the share price. Reddit (RDDT) Valuation Check As Shares Lag And DCF Views Sharply Diverge

Reddit Stock Performance

Reddit stock opened at $139.27 on Friday. Reddit Inc. has a 52 week low of $79.75 and a 52 week high of $282.95. The stock has a market capitalization of $26.39 billion, a P/E ratio of 53.16, a PEG ratio of 0.97 and a beta of 2.17. The stock has a 50-day simple moving average of $221.22 and a 200 day simple moving average of $215.15.

Reddit (NYSE:RDDT) last released its quarterly earnings data on Thursday, February 5th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.28. Reddit had a return on equity of 22.03% and a net margin of 24.05%.The firm had revenue of $725.61 million for the quarter, compared to analyst estimates of $665.80 million. During the same quarter in the prior year, the company earned $0.36 earnings per share. The business’s revenue for the quarter was up 69.7% compared to the same quarter last year. Research analysts forecast that Reddit Inc. will post 1.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on RDDT. Raymond James Financial reaffirmed a “strong-buy” rating and set a $250.00 price target (up previously from $225.00) on shares of Reddit in a research report on Monday, October 20th. UBS Group set a $265.00 target price on shares of Reddit in a report on Tuesday, January 13th. Roth Mkm lifted their price target on shares of Reddit from $210.00 to $215.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $285.00 price target on shares of Reddit in a research report on Tuesday, January 20th. Finally, Evercore restated an “outperform” rating and issued a $290.00 price objective on shares of Reddit in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $241.31.

Insider Buying and Selling at Reddit

In other news, insider Benjamin Seong Lee sold 3,320 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $260.22, for a total value of $863,930.40. Following the transaction, the insider directly owned 62,608 shares of the company’s stock, valued at $16,291,853.76. This represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrew Vollero sold 3,674 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $261.21, for a total transaction of $959,685.54. Following the sale, the chief financial officer owned 251,644 shares of the company’s stock, valued at approximately $65,731,929.24. This represents a 1.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 523,511 shares of company stock worth $114,237,285. 34.25% of the stock is currently owned by corporate insiders.

Reddit Company 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.