<div id="readability-page-1"><p>Tanager Wealth Management LLP purchased a new position in  Reddit Inc. (NYSE:RDDT - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,823 shares of the company's stock, valued at approximately $3,639,000.</p><ul><li>Reddit Buy Alert: Could It Really Have 40% Upside Potential?</li></ul><p>Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of  Reddit by 6.3% in the second 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 in the last quarter.  JPMorgan Chase &amp; Co. grew its stake in  Reddit by 7.5% in the 2nd quarter. JPMorgan Chase &amp; Co. now owns 2,051,175 shares of the company's stock valued at $308,846,000 after buying an additional 143,680 shares in the last quarter.  State Street Corp raised its holdings in  Reddit by 138.5% during the 2nd 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 period.  Geode Capital Management LLC lifted 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 worth $299,044,000 after acquiring an additional 833,245 shares in the last quarter.  Finally, Norges Bank bought a new position in shares of  Reddit in the second quarter worth $294,254,000. </p><h2>Reddit Price Performance</h2><p>Shares of RDDT opened at $244.71 on Friday. Reddit Inc. has a 1 year low of $79.75 and a 1 year high of $282.95. The stock has a 50 day simple moving average of $218.41 and a two-hundred day simple moving average of $206.87. The firm has a market cap of $46.37 billion, a P/E ratio of 140.64, a P/E/G ratio of 1.71 and a beta of 2.17. </p><ul><li>TL;DR: Why Reddit is the New Growth Stock to Beat</li></ul><p>Reddit (NYSE:RDDT - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.30. The firm had revenue of $584.91 million during the quarter, compared to analyst estimates of $546.65 million. Reddit had a net margin of 18.33% and a return on equity of 14.94%. The business's quarterly revenue was up 67.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 EPS.  On average, equities analysts anticipate that  Reddit Inc. will post 1.12 earnings per share for the current year. </p><h2>Analysts Set New Price Targets</h2><p>A number of research analysts have weighed in on the company. Sanford C. Bernstein lifted their target price on Reddit from $190.00 to $210.00 and gave the company a &#34;market perform&#34; rating in a report on Friday, October 31st. Needham &amp; Company LLC  reissued a &#34;buy&#34; rating and set a $300.00 price objective on shares of Reddit in a research note on Monday, December 29th. Morgan Stanley  restated an &#34;overweight&#34; rating and issued a $250.00 target price on shares of Reddit in a research note on Friday, October 31st. Roth Capital  set a $210.00 price target on Reddit in a research report on Friday, October 31st. Finally, China Renaissance started coverage on Reddit in a report on Tuesday, December 9th. They set a &#34;buy&#34; rating and a $300.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned  a Hold rating and two have issued  a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $232.58.</p><ul><li>MarketBeat Week in Review – 10/13 - 10/17 </li></ul><p><b>Read Our Latest Research Report on Reddit</b></p><h2>Insider Buying and Selling</h2><p>In other news, CFO Andrew Vollero sold 500 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $260.06, for a total transaction of $130,030.00. Following the completion of the sale, the chief financial officer owned 255,618 shares of the company's stock, valued at approximately $66,476,017.08. This represents a 0.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Benjamin Seong Lee sold 3,320 shares of Reddit stock in a transaction on Friday, January 9th. The stock was sold at an average price of $260.22, for a total transaction of $863,930.40. Following the completion of the transaction, the insider directly owned 62,608 shares in the company, valued at approximately $16,291,853.76. The trade was a 5.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 505,496 shares of company stock worth $108,036,192 in the last 90 days. 34.25% of the stock is currently owned by company insiders. </p><h2>Reddit News Summary</h2><p>Here are the key news stories impacting Reddit this week:</p><ul>   <li><span>Positive Sentiment: </span>Third‑party product coverage widening Reddit’s visibility — Ahrefs added Reddit to its Brand Radar tracking (now covers YouTube, TikTok and Reddit), which can increase marketer awareness and make Reddit mentions more actionable for advertisers. This is a modest positive for ad monetization and brand measurement. <i></i><span>Ahrefs Adds YouTube and Reddit Tracking to Brand Radar</span></li>    <li><span>Neutral Sentiment: </span>Cantor Fitzgerald initiated coverage with a &#34;neutral&#34; rating and a $240 price target (slightly below current levels). New coverage and a near‑term price target below the market can limit upside but doesn’t signal a change to Reddit’s long‑term growth story; it may contribute to cautious trader positioning. <i></i><span>Analyst Coverage Note</span></li>    <li><span>Negative Sentiment: </span>Insider selling by CFO Andrew Vollero — filings show sales on Jan 6 (8,413 shares at ~$252.72) and Jan 7 (500 shares at ~$260.06). While the CFO still holds ~255k shares (valued in the tens of millions), the high‑profile insider sales — particularly the larger Jan 6 block — can send a negative near‑term signal to traders and may weigh on sentiment. <i></i><span>Insider Selling: Reddit CFO Sells Shares</span></li>    <li><span>Negative Sentiment: </span>Reputational/ content‑risk coverage — a New York Times podcast discussed misuse of AI tools to push abusive/political content (context includes platforms and moderation challenges). Any spotlight on content or AI‑driven moderation failures can raise advertiser and regulatory concerns, pressuring sentiment until moderation/AI controls are clarified. <i></i><span>Grok's Undressing Scandal + Claude Code Capers</span></li> </ul><h2>Reddit Company Profile</h2> (Free Report)<p>Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called &#34;subreddits,&#34; 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.  </p><p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Reddit</li><li>Why Trump and Musk suddenly care about Fort Knox</li><li>Do not delete, read immediately</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Trump's Next Ban - Coming January 19, 2026 (shocking)</li><li>A Message From An Ex-CIA Officer About Trump</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJERFQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJERFQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Reddit Right Now?</h2><p>Before you consider Reddit, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Reddit wasn't on the list.</p><p>While Reddit currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

RDDT

<p>Tanager Wealth Management LLP acquired 15,823 shares of Reddit Inc. (NYSE:RDDT) valued at approximately $3.64 million during Q3, as disclosed to the SEC. Other institutional investors, including Vanguard and JPMorgan, also increased their stakes in Reddit. The stock opened at $244.71, with a market cap of $46.37 billion. Reddit reported $0.80 EPS for the last quarter, exceeding estimates, and analysts have set price targets ranging from $210 to $300, with a consensus rating of "Moderate Buy."</p>

15,823 Shares in Reddit Inc. $RDDT Purchased by Tanager Wealth Management LLP