Zacks Research cut shares of Reddit (NYSE:RDDT – Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Insiders Place Their BetsIn related news, CTO Christopher Brian Slowe sold 28,000 shares of Reddit stock in a transaction dated Thursday, August 21st. Also, CEO Steve Ladd Huffman sold 18,000 shares of Reddit stock in a transaction dated Friday, August 29th. Finally, Sender Co & Partners Inc. acquired a new stake in Reddit in the first quarter worth about $1,367,000.