On November 21, 2025, reports highlighted varied movements among Reddit's institutional investors. EFG Asset Management Americas Corp. significantly increased its holdings by 92.4%, and Artisan Partners Limited Partnership purchased a new stake of 458,708 shares. These acquisitions suggest confidence from some large-scale investors in the company's future performance. In contrast, other entities reduced their positions. Universal Beteiligungs und Servicegesellschaft mbH, for instance, decreased its stake by 19.3%. The day's news was also marked by continued insider selling, including significant sales by COO Jennifer Wong and CFO Andrew Vollero. Over the last three months, insiders have sold shares worth over $83 million.