Reddit CEO Steve Huffman sold 17,900 shares of Class A Common Stock on October 15, 2025, for approximately $3.6 million. The transactions were disclosed in a Form 4 filing with the Securities and Exchange Commission and were executed at prices ranging from $197.34 to $202.41 per share. These sales were conducted under a Rule 10b5-1 trading plan, which was adopted on May 19, 2025. In other news, Truist Securities raised its price target for Reddit to $260 from $225, maintaining a Buy rating on the stock, citing expectations of strong third-quarter earnings for 2025.