Reddit reported third-quarter earnings and announced plans to test a requirement for all users to create official accounts. The company issued weak sales guidance, and shares declined following the announcement. Google search traffic to Reddit has been shrinking.
Why it matters
Weak guidance and declining search traffic signal challenges to Reddit's user growth and monetization strategy, directly affecting shareholder value.
The chart totals every SEC-reported transaction by month and share count, separating informative purchases and sales from non-informative awards, vesting, exercises, tax withholding and transfers. Records without a reported price remain included. Only informative purchases and sales affect the conservative sentiment signal.
Recent SEC-reported share and derivative transactions in Reddit, Inc..
As filed with the SEC. Estimated value is shown only for purchases or sales with a positive reported transaction price; awards, gifts and similar activity are not assigned an assumed market value. Amendments may change the record. This is not investment advice.
Quarterly reported positions. These filings can arrive up to 45 days after quarter-end and are not real-time trades.
Institutional ownership: 95.78%
Short interest
Open short positions reported twice monthly; this is not daily short-sale volume.
Earnings
Recent reported earnings per share compared with the analyst consensus available from Nasdaq.
