Reddit's Chief Technology Officer, Christopher Brian Slowe, sold 12,000 shares of Class A Common Stock for a total of $2.76 million. The transactions took place on October 22, 2025, with share prices ranging from $192.44 to $203.49, and were reported on October 25. Following the sale, Slowe still directly owns 204,534 shares of Reddit's Class A stock. This insider sale occurs while Reddit's stock has performed exceptionally well, surging 148% over the past year. The company, valued at nearly $40 billion, maintains impressive gross profit margins of 91%. In other recent news, financial firms like Raymond James and Truist Securities have raised their price targets for Reddit, citing expected improvements in advertising and potential benefits from AI-driven search enhancements.