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

SelfRugger · 2026-02-23T06:15:35+00:00

Reddit director Sarah Farrell purchased 50,500 shares, boosting her stake by 630%. Meanwhile, CEO Steve Ladd Huffman sold 18,000 shares, reducing his ownership. Despite some insider selling, analysts maintain a Buy rating for Reddit stock.

SelfRugger

2026-02-23 06:15:35

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

Venkatesh

Mon, February 23, 2026 at 12:24 AM GMT+9 2 min read

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

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

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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.

While we acknowledge the potential of RDDT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

**READ NEXT:**11 Best Pipeline and MLP Stocks to Buy in 2026 **and **12 Dividend Stocks With High Insider Buying

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