Universal Beteiligungs und Servicegesellschaft mbH Lowers Holdings in Reddit Inc. $RDDT

Universal Beteiligungs und Servicegesellschaft mbH reduced its position in Reddit Inc. (NYSE:RDDT) by 17.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 80,730 shares of the company’s stock after selling 17,131 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Reddit were worth $18,567,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Financial Perspectives Inc acquired a new position in shares of Reddit during the second quarter worth about $34,000. Geneos Wealth Management Inc. boosted its holdings in Reddit by 344.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock valued at $39,000 after purchasing an additional 286 shares in the last quarter. GAMMA Investing LLC increased its position in Reddit by 8,650.0% during 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. Advisors Asset Management Inc. raised its stake in shares of Reddit by 68.2% during the 2nd 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. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Reddit in the 2nd quarter valued at approximately $76,000.

More Reddit News

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Guggenheim reaffirmed a “buy” and set a $245 price target, implying meaningful upside from current levels and providing concrete analyst support for the rally. Guggenheim Buy Rating / Benzinga
• Positive Sentiment: A bullish Seeking Alpha note draws parallels between Reddit’s current monetization and early-2012 Facebook, projecting large upside if user and ARPU trends persist — a narrative that fuels long-term growth expectations. Reddit: Parallels To 2012 Facebook
• Positive Sentiment: High-visibility endorsements — notably Jim Cramer saying he “likes the company right here” and articles highlighting reasons investors favor Reddit — are lifting sentiment among retail investors. Jim Cramer Likes Reddit
• Neutral Sentiment: Analyst commentary is shifting: some pieces describe a rewriting of the price-target narrative as new estimates and multipliers are debated — this limits volatility but keeps the stock sensitive to upgrades/downgrades. Shifting Price Target Narrative / Yahoo Finance
• Neutral Sentiment: Valuation checks after recent share swings highlight high P/E and expected EPS growth; these analyses frame upside scenarios but also underline sensitivity to execution and ARPU trajectory. Valuation Check / Yahoo Finance
• Negative Sentiment: Insider selling by COO Jennifer L. Wong (multiple filings showing sizable share disposals) has weighed on sentiment and was cited as a driver of earlier price weakness; investors watch whether sales continue. COO Insider Sale / SEC Filing
• Negative Sentiment: Coverage noting a pullback tied to insider selling (reported ~4.4% drop) underscores short-term downside risk if sentiment flips or if growth guidance disappoints. Stock Down on Insider Selling / American Banking News
• Negative Sentiment: Critical analysis warns Reddit must grow at Meta-like scale to justify rich multiples and notes tougher competitive/monetization challenges, keeping execution risk top of mind for investors. Growth Challenges / Seeking Alpha

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on RDDT. JPMorgan Chase & Co. upped their price objective on Reddit from $190.00 to $227.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. China Renaissance started coverage on shares of Reddit in a research note on Tuesday, December 9th. They issued a “buy” rating and a $300.00 price objective for the company. B. Riley restated a “buy” rating and set a $245.00 target price (up from $235.00) on shares of Reddit in a research report on Friday, October 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $285.00 target price on shares of Reddit in a report on Tuesday. Finally, Wells Fargo & Company raised their price objective on Reddit from $186.00 to $207.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Reddit has a consensus rating of “Moderate Buy” and an average price target of $245.18.

Reddit Stock Performance

RDDT opened at $218.47 on Friday. The company has a market capitalization of $41.40 billion, a PE ratio of 125.56, a P/E/G ratio of 1.46 and a beta of 2.17. The stock’s fifty day moving average is $225.46 and its 200-day moving average is $212.54. Reddit Inc. has a one year low of $79.75 and a one year high of $282.95.

Reddit (NYSE:RDDT) last released its earnings results on Thursday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.30. Reddit had a return on equity of 14.94% and a net margin of 18.33%.The firm had revenue of $584.91 million for the quarter, compared to analyst estimates of $546.65 million. During the same period in the previous year, the company earned $0.16 earnings per share. Reddit’s revenue was up 67.9% compared to the same quarter last year. On average, equities research analysts forecast that Reddit Inc. will post 1.12 EPS for the current fiscal year.

Insider Buying and Selling at Reddit

In related news, insider Benjamin Seong Lee sold 55,005 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $221.21, for a total transaction of $12,167,656.05. Following the completion of the sale, the insider directly owned 62,608 shares in the company, valued at approximately $13,849,515.68. This trade represents a 46.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Christopher Brian Slowe sold 24,000 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $192.72, for a total value of $4,625,280.00. Following the completion of the transaction, the chief technology officer directly owned 175,694 shares in the company, valued at $33,859,747.68. This represents a 12.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 509,511 shares of company stock worth $111,394,344. 34.25% of the stock is currently owned by company insiders.

Reddit 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.