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.

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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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