Reddit (RDDT) Director Buys 50,500 Shares in Major Insider Purchase

Reddit, Inc. (NYSE:RDDT) is one of the 10 Best Stocks to Buy in 2026 According to Reddit.

The company saw significant insider activity on February 12, 2026, when director Sarah Farrell disclosed the purchase of 50,500 shares of Reddit, Inc. (NYSE:RDDT) stock, valued at $7.48 million. With this purchase, Sarah’s ownership in the company has increased by approximately 630%.

Conversely, in what could be part of a string of routine insider sales, Steve Ladd Huffman, CEO of Reddit, Inc. (NYSE:RDDT), filed a disclosure on February 18, 2026, mentioning the sale of 18,000 shares of the company’s stock, in a transaction valued at $2,498,580. Post-completion, the CEO’s stake in the company has been reduced to 448,576 shares, which were valued at approximately $62.27 million.

Despite a 3.86% decrease in the CEO’s stock ownership, Reddit, Inc. (NYSE:RDDT) maintains a Buy rating from multiple analysts. CNN recorded 67% of 33 analysts assigning a Buy rating on the stock, with a 1-year median price target upside of 71.08%, as of February 19, 2026.

Reddit, Inc. (NYSE:RDDT), founded in 2005, is a social news aggregation and discussion platform powered by a network of communities called subreddits. The company operates globally with headquarters in California.

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