New York, Feb 13, 2026, 12:39 ET — Regular session
- Reddit shares climbed roughly 6% by midday, bouncing back after a rocky spell.
- According to SEC filings, a director picked up shares as the CTO offloaded stock through a pre-arranged trading plan.
- Traders digested a softer U.S. inflation print, while news of a fresh “official data partner” grabbed extra attention.
Reddit shares climbed roughly 6% Friday, hovering near $139.26 by midday in New York after starting out at $141.85. The stock had finished at $131.07 on Thursday. (StockAnalysis)
This is significant for Reddit, now trading as a high-beta growth stock—quick shifts in rates expectations feed straight into its valuation. After the recent turbulence, traders are watching insider buys and sells closely for any signs of sentiment.
A lighter-than-expected U.S. inflation print landed Friday, taking some steam out of rate-cut bets. According to the Labor Department, the consumer price index (CPI) posted a 0.2% gain in January and climbed 2.4% year-on-year; core inflation—excluding food and energy—was up 0.3% for the month. (Bureau of Labor Statistics)
The numbers “bolster[s] expectations” that the Fed could move ahead with rate cuts this year, Reuters said, but a few analysts flagged lingering inflation risks. “Underlying inflation in core services … remains strong,” noted Josh Jamner at ClearBridge Investments. (Reuters)
Meltwater has signed on as a participant in Reddit’s Official Data Partner program, a group limited to platforms working with Reddit’s public content under outlined requirements. “Reddit is the most human place on the internet,” according to Jonathan Flesher, Reddit’s vice president of business development. (GlobeNewswire)
Reddit’s data partner program targets software companies plugging into its enterprise-level APIs — those backend channels that feed Reddit data into business tools — supporting uses like social listening and market research. (Reddit for Business)
Director Sarah E. Farrell snapped up a total of 50,500 shares via an affiliated partnership, according to a Form 4 filed separately. The buys were made over two days—Feb. 10 and Feb. 11—at prices that put the tab near $7.5 million. (SEC)
Chief Technology Officer Christopher Slowe unloaded 11,464 shares on Feb. 10, selling at prices between roughly $144.59 and $152.38, according to another filing. The sales were made under a Rule 10b5-1 trading plan set up in May 2025. (A 10b5-1 plan lets insiders prearrange stock transactions.) (SEC)
Reddit, public since March 2024, still leans heavily on ad sales for revenue—but lately it’s been ramping up efforts to squeeze more value from both its user data and the platform itself. (SEC)
Still, gains like this often vanish quickly. Insider buying sometimes happens just once, and filings also reveal executives can end up selling more than they buy. As for rate-cut hopes, another drop in inflation—not merely a single data point—will be needed to keep those bets alive.
Now the question is if Reddit manages to keep its momentum, with tech stocks tied to rates bouncing around on every new batch of data. The following CPI print—February 2026’s numbers—lands March 11 at 08:30 a.m. ET. (Bureau of Labor Statistics)