Reynolds Michelle Marie, an insider at Reddit Inc (RDDT), executed a sale of 16,620 shares on December 8, 2025, at a price of $230.80 per share, totaling $3.84 million. Following this transaction, she retains ownership of 16,620 shares in the company.
This sale reflects a common practice among insiders, who may sell shares for reasons such as diversification or personal financial needs. While significant insider selling can attract attention, it does not inherently indicate a negative outlook on the company. Investors are advised to consider insider transactions within a broader context, assessing patterns across multiple insiders and time periods.
Reddit, headquartered in San Francisco, operates a social networking platform that connects users through shared interests and communities. The company has a market capitalization of $45.1 billion, a P/E ratio of 129.23, and an EPS of 1.78. Reddit is set to report its upcoming earnings on July 29, 2026, with an estimated EPS of $0.81 and revenue of $703.4 million.