Reddit's CEO, Steve Huffman, sold 13,911 shares of company stock on November 4th for a total of approximately $2.63 million. The transaction was disclosed in a regulatory filing and reported on November 8, 2025. This sale reduced his direct ownership by 2.72%, leaving him with a substantial holding valued at over $94 million. This sale is part of a recent pattern, with Huffman selling around 104,000 shares since mid-August, totaling over $23 million. The news of the insider sale comes shortly after Reddit reported strong third-quarter earnings on October 30th, where the company surpassed analyst expectations for both earnings per share and revenue, with revenue growing 67.9% year-over-year. Despite the insider selling, market analysts maintain a consensus "Moderate Buy" rating on Reddit's stock, with an average price target suggesting potential upside. The stock has experienced volatility following the recent earnings report.
Reddit CEO Steve Huffman Sells Over $2.6 Million in Company Stock
RDDT
Related News
RDDT
Reddit Tests AI-Powered Shopping Feature in Search Results
RDDT
🔴 RDDT is trading 3.07% down today on profit-taking and broader market headwinds
RDDT
Reddit Shares Surge as US ARPU Growth Outpaces Meta and Snap
RDDT
🟢 RDDT is trading 3.3% up today as Citizens Bank maintains $300 target on ad growth
RDDT