National Pension Service Has $4.35 Million Holdings in Reddit Inc. $RDDT

National Pension Service cut its holdings in shares of Reddit Inc. (NYSE:RDDT) by 88.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,075 shares of the company’s stock after selling 183,956 shares during the period. National Pension Service’s holdings in Reddit were worth $4,353,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Evansbrook LLC boosted its stake in Reddit by 2.2% in the first quarter. Evansbrook LLC now owns 2,736 shares of the company’s stock worth $368,000 after purchasing an additional 59 shares in the last quarter. Signaturefd LLC increased its stake in shares of Reddit by 7.6% in the second quarter. Signaturefd LLC now owns 878 shares of the company’s stock valued at $152,000 after buying an additional 62 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Reddit by 48.1% in the second quarter. EverSource Wealth Advisors LLC now owns 197 shares of the company’s stock valued at $34,000 after buying an additional 64 shares during the last quarter. Florida Financial Advisors LLC raised its holdings in shares of Reddit by 6.7% in the fourth quarter. Florida Financial Advisors LLC now owns 1,087 shares of the company’s stock valued at $250,000 after buying an additional 68 shares during the last quarter. Finally, Diversified Trust Co lifted its position in Reddit by 2.1% during the 1st quarter. Diversified Trust Co now owns 3,271 shares of the company’s stock worth $440,000 after buying an additional 68 shares in the last quarter.

Wall Street Analysts Forecast Growth

RDDT has been the topic of a number of research analyst reports. Raymond James Financial reissued a “strong-buy” rating and set a $205.00 price objective on shares of Reddit in a report on Monday, August 17th. Morgan Stanley decreased their price target on shares of Reddit from $240.00 to $210.00 and set an “overweight” rating on the stock in a research note on Friday, August 21st. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Reddit in a research report on Friday, July 31st. Jefferies Financial Group set a $250.00 price objective on Reddit in a report on Friday, July 10th. Finally, Robert W. Baird set a $185.00 price objective on Reddit in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $221.10.

Key Stories Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: August user growth reached a 2026 high. Piper Sandler data indicated Reddit’s average users increased 8% month over month in August, the company’s strongest monthly growth rate this year. The data helped reverse a four-session decline and drove renewed investor interest. Reddit stock rises 6% as August user growth hits 2026 high
• Positive Sentiment: International momentum was particularly strong. Reports said international users surged 29% in August, while total user growth accelerated 8% month over month. Expanding overseas engagement could provide Reddit with additional long-term advertising inventory and monetization opportunities. Reddit’s August user growth jumps 8% month-on-month
• Positive Sentiment: Analysts viewed the audience and advertising trends as improving. Piper Sandler described the user-growth acceleration as a powerful signal, while other coverage linked the larger global audience with improving ad trends. This supports the bullish case that Reddit can continue expanding revenue beyond its recent 61% year-over-year growth. Reddit gains as August user growth accelerates
• Neutral Sentiment: Investor attention remains unusually high. Reddit was among the stocks most heavily searched by Zacks users, which can increase trading activity and visibility but does not by itself establish a fundamental change in earnings prospects. Investors heavily search Reddit
• Negative Sentiment: Concerns are emerging over the sustainability of ad growth. The latest analysis questions what Reddit is effectively paying to generate its advertising expansion, raising the risk that user acquisition, incentives, content investment, or other costs could limit profit conversion. With RDDT trading at a growth-oriented valuation, investors may demand evidence that audience gains translate into durable, profitable revenue. What Are You Really Paying For Reddit’s Ad Growth?

Reddit Stock Performance

Shares of RDDT stock opened at $157.88 on Monday. Reddit Inc. has a 52-week low of $119.27 and a 52-week high of $282.95. The stock has a market cap of $30.38 billion, a PE ratio of 36.72, a PEG ratio of 0.73 and a beta of 2.02. The firm’s 50 day moving average price is $167.16 and its two-hundred day moving average price is $159.20.

Reddit (NYSE:RDDT) last issued its earnings results on Thursday, July 30th. The company reported $1.25 EPS for the quarter, beating the consensus estimate of $0.95 by $0.30. The company had revenue of $804.91 million during the quarter, compared to analysts’ expectations of $731.00 million. Reddit had a net margin of 31.35% and a return on equity of 29.02%. The business’s revenue for the quarter was up 61.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS. As a group, sell-side analysts predict that Reddit Inc. will post 5.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Reddit news, CAO Michelle Reynolds sold 808 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $200.00, for a total value of $161,600.00. Following the transaction, the chief accounting officer owned 15,060 shares of the company’s stock, valued at approximately $3,012,000. This represents a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert A. Sauerberg sold 5,128 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $159.92, for a total value of $820,069.76. Following the transaction, the director owned 27,087 shares in the company, valued at approximately $4,331,753.04. This trade represents a 15.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 192,102 shares of company stock valued at $33,166,572 in the last three months. 28.48% of the stock is currently owned by company insiders.

About Reddit

Reddit, Inc operates a global online platform where users participate in communities organized around shared interests, topics and discussions. Users can submit posts, links, images and videos, while community members can comment, vote and interact through publicly accessible forums known as subreddits.

The company generates revenue primarily through digital advertising and also offers premium memberships and other paid products. Reddit additionally provides data licensing and developer-related services that support the use of its platform content and technology.

Founded in 2005 by Steve Huffman, Alexis Ohanian and Aaron Swartz, Reddit serves users worldwide across a broad range of communities.