$RDDT Stock Drops 7%: Insights from Our Data Analysis
Today, $RDDT stock experienced a notable decline, dropping by 7%. The trading volume reached approximately $686.7 million, making it the 33rd most-searched ticker among 10,477 tickers on Quiver Quantitative in the past 24 hours.
Insider Trading Activity for $RDDT
In the past six months, $RDDT insiders executed 397 trades, all of which were sales. No shares were purchased during this period. The following outlines the sales made by significant insiders:
- Jennifer L. Wong (COO): 91 sales, 326,047 shares sold for ~$70.88 million.
- Steve Ladd Huffman (CEO & President): 121 sales, 208,000 shares sold for ~$45.84 million.
- Christopher Brian Sowe (CTO): 108 sales, 174,000 shares sold for ~$38.40 million.
- Benjamin Seong Lee (CLO): 32 sales, 117,858 shares sold for ~$27.45 million.
- Andrew Vollero (CFO): 20 sales, 42,887 shares sold for ~$9.84 million.
- Michelle Marie Reynolds (CAO): 25 sales, 21,178 shares sold for ~$4.63 million.
Institutional Hedge Fund Activity
Recent institutional activity shows that 505 investors increased their $RDDT shares, while 293 reduced their positions. Notable additions include:
- JPMorgan Chase & Co: +2,807,862 shares (+136.9%) in Q3 2025, valued at ~$645.78 million.
- Cresset Asset Management, LLC: +2,450,793 shares (+196.4%) in Q3 2025, valued at ~$563.66 million.
- FMR LLC: +2,308,733 shares (+20.6%) in Q3 2025, valued at ~$530.99 million.
- Quantinno Capital Management LP: +2,011,418 shares (+110,214.7%) in Q3 2025, valued at ~$462.61 million.
- Tiger Global Management LLC: -1,476,469 shares (-24.0%) in Q3 2025, valued at ~$339.57 million.
- Vanguard Group Inc: +1,401,293 shares (+12.9%) in Q3 2025, valued at ~$322.28 million.
- Invesco Ltd: +1,201,237 shares (+419.0%) in Q3 2025, valued at ~$276.27 million.
Analyst Ratings and Price Targets for $RDDT
In recent months, nine firms have issued buy ratings for $RDDT, while none have recommended selling it. The following summarizes some notable analyst ratings:
- Needham – Buy (12/23/2025)
- Citigroup – Buy (11/03/2025)
- B. Riley Securities – Buy (10/31/2025)
- JMP Securities – Market Outperform (09/18/2025)
- Piper Sandler – Overweight (09/18/2025)
- Oppenheimer – Outperform (09/16/2025)
- Jefferies – Buy (09/10/2025)
Furthermore, analysts have set various price targets for $RDDT. The median target stands at $250, with significant targets including:
- Brian Nowak (Morgan Stanley): $265 (01/13/2026)
- Mark Mahaney (Evercore ISI Group): $320 (01/13/2026)
- Ken Gawrelski (Wells Fargo): $207 (01/12/2026)
- Deepak Mathivanan (Cantor Fitzgerald): $240 (01/08/2026)
- Laura Martin (Needham): $300 (12/29/2025)
- John Colantuoni (Jefferies): $325 (12/11/2025)
- Ronald Josey (Citigroup): $265 (11/03/2025)
To keep track of $RDDT’s latest updates and forecasts, visit Filmogaz.com for real-time information.