After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
RDDT belongs to the Communication Services sector of the NYSE while operating in the Internet Content & Information industry. The current market capitalization of Reddit Inc is $32.26B. A total of 4.99 million shares were traded on the day, compared to an average of 6.88M shares.
In the most recent transaction, SLOWE FAMILY TRUST bought 15,000 shares of RDDT for 188.32 per share on Jan 22 ’25. In a previous transaction on Jan 16 ’25, Wong Jennifer L. sold 33,334 shares at 173.93 per share. RDDT shares that Chief Operating Officer owns now total 1,504,297.
Among the insiders who sold shares, Huffman Steve Ladd disposed of 110,408 shares on Jan 15 ’25 at a per-share price of $172.75. This resulted in the CEO & President holding 0 shares of RDDT after the transaction. In another insider transaction, Huffman Steve Ladd sold 14,000 shares at $172.79 per share on Jan 15 ’25. Company shares held by the CEO & President now total 614,394.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RDDT has a high of $191.00 and a low of $37.35.
As of this writing, RDDT has an earnings estimate of $0.24 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.33 per share and a lower estimate of $0.15.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RDDT’s latest balance sheet shows that the firm has $1.41B in Cash & Short Term Investments as of fiscal 2021. There were $13.46M in debt and $70.46M in liabilities at the time. Its Book Value Per Share was $11.36, while its Total Shareholder’s Equity was -$286.01M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RDDT is Buy with a score of 4.21.
