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Reddit (NYSE:RDDT) Stock, Insider Trading Activity
Reddit: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Reddit Inc Insiders Doing?
At Reddit Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 268.34K shares worth $44.23M, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On May 28, 2024, Marie Michelle Reynolds, the company's CHIEF ACCOUNTING OFFICER sold 6.62K shares for $58.94 each.
- On August 22, 2024, Marie Michelle Reynolds, the company's CHIEF ACCOUNTING OFFICER sold 18.63K shares for $54.13 each.
- On May 28, 2024, Seong Benjamin Lee, the company's CHIEF LEGAL OFFICER sold 20.03K shares for $58.94 each.
Ownership Statistics for Reddit Inc
Shares Outstanding
165.876M
Insider Shares Owned
3.855M
Insider Percentage Owned
2.36%
Institutional Shares Held
13.344M
Institutional Percentage Held
8.06%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.