Curated Wealth Partners LLC Acquires New Shares in Reddit Inc. $RDDT

Curated Wealth Partners LLC bought a new position in shares of Reddit Inc. (NYSE:RDDT) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 2,323 shares of the company’s stock, valued at approximately $534,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Reddit by 6.3% during the 2nd quarter. Vanguard Group Inc. now owns 10,837,215 shares of the company’s stock worth $1,631,759,000 after purchasing an additional 638,663 shares during the period. Alliancebernstein L.P. lifted its position in Reddit by 103.0% in the first quarter. Alliancebernstein L.P. now owns 5,659,990 shares of the company’s stock valued at $593,733,000 after buying an additional 2,871,232 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Reddit by 7.5% during the second quarter. JPMorgan Chase & Co. now owns 2,051,175 shares of the company’s stock worth $308,846,000 after buying an additional 143,680 shares during the period. State Street Corp increased its position in shares of Reddit by 138.5% during the second quarter. State Street Corp now owns 2,030,139 shares of the company’s stock valued at $305,678,000 after acquiring an additional 1,178,890 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Reddit by 72.1% during the second quarter. Geode Capital Management LLC now owns 1,989,004 shares of the company’s stock valued at $299,044,000 after acquiring an additional 833,245 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Reddit from $190.00 to $227.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Cannonball Research reissued a “buy” rating on shares of Reddit in a research report on Tuesday, September 23rd. Citigroup raised their price target on Reddit from $250.00 to $265.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Reddit in a research note on Wednesday, October 1st. Finally, Robert W. Baird increased their target price on Reddit from $177.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $230.28.

Reddit Trading Up 0.8%

Shares of NYSE RDDT opened at $233.21 on Friday. The stock has a market cap of $44.19 billion, a P/E ratio of 134.03, a PEG ratio of 2.55 and a beta of 2.17. The business’s fifty day simple moving average is $208.53 and its 200-day simple moving average is $195.10. Reddit Inc. has a 12-month low of $79.75 and a 12-month high of $282.95.

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

Key Stores Impacting Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: MarketBeat’s TL;DR highlights rapid DAU/WAU expansion, strong Q3 revenue and EPS beats, and sizable international growth — a narrative supporting further ad monetization and ARPU expansion heading into 2026. Read More.
• Positive Sentiment: Analyst activity is constructive: several firms have raised targets or maintained buy ratings (Jefferies, China Renaissance initiation, others cited), implying upside relative to consensus and helping investor confidence. (See MarketBeat piece above for coverage of recent price-target moves.)
• Positive Sentiment: Softer inflation / macro headlines are improving the investment case for growth and ad-driven names; coverage argues that easing inflation expectations can re-rate Reddit by reducing discount-rate concerns and supporting ad budgets. Read More.
• Neutral Sentiment: Stories noting what Wall Street will watch in 2026 (product/monetization, ARPU, international expansion) underscore catalysts but don’t add immediate data-driven moves; useful for medium-term thesis rather than intraday action. Read More.
• Neutral Sentiment: News that a Reddit post helped surface a tip in a university shooting investigation highlights the platform’s real-world reach — a reputational datapoint that can be framed positively for engagement but also raises ongoing moderation and liability considerations. Read More.
• Negative Sentiment: Large insider sales: Benjamin Seong Lee sold 55,005 shares (Dec. 16) and 18,750 shares (Dec. 18) across recent transactions; CEO Steve Huffman also sold 18,000 shares (Dec. 15). The size and frequency of these sales can create short-term selling pressure and raise investor questions about timing of liquidity events. Read More.

Insider Activity

In related news, CTO Christopher Brian Slowe sold 14,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $233.99, for a total value of $3,275,860.00. Following the sale, the chief technology officer owned 173,694 shares of the company’s stock, valued at $40,642,659.06. This trade represents a 7.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Michelle Marie Reynolds sold 11,249 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $232.95, for a total transaction of $2,620,454.55. Following the transaction, the chief accounting officer owned 10,558 shares of the company’s stock, valued at $2,459,486.10. This trade represents a 51.58% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 479,374 shares of company stock valued at $101,673,634. 34.25% of the stock is owned by corporate insiders.

About Reddit

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.