Duolingo (NASDAQ:DUOL) Insider Sells 2,471 Shares

Duolingo, Inc. (NASDAQ:DUOL) insider Natalie Glance sold 2,471 shares of Duolingo stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $175.79, for a total value of $434,377.09. Following the completion of the transaction, the insider owned 111,166 shares of the company’s stock, valued at approximately $19,541,871.14. This trade represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Natalie Glance also recently made the following trade(s):

• On Tuesday, November 18th, Natalie Glance sold 2,471 shares of Duolingo stock. The stock was sold at an average price of $175.79, for a total value of $434,377.09.
• On Monday, November 17th, Natalie Glance sold 2,534 shares of Duolingo stock. The shares were sold at an average price of $177.95, for a total value of $450,925.30.
• On Wednesday, October 1st, Natalie Glance sold 3,283 shares of Duolingo stock. The stock was sold at an average price of $312.30, for a total value of $1,025,280.90.

Duolingo Stock Down 0.6%

Shares of DUOL stock traded down $0.97 during trading hours on Wednesday, reaching $174.48. 2,108,565 shares of the stock were exchanged, compared to its average volume of 1,293,200. The business’s fifty day moving average is $284.57 and its two-hundred day moving average is $366.40. The firm has a market capitalization of $8.07 billion, a P/E ratio of 22.11, a P/E/G ratio of 1.13 and a beta of 0.83. Duolingo, Inc. has a 12-month low of $168.84 and a 12-month high of $544.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.82.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $5.23. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. The company had revenue of $271.71 million during the quarter, compared to the consensus estimate of $260.14 million. During the same quarter in the previous year, the firm earned $0.49 earnings per share. The firm’s quarterly revenue was up 41.1% on a year-over-year basis. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that Duolingo, Inc. will post 2.03 EPS for the current fiscal year.

Analysts Set New Price Targets

DUOL has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price target on Duolingo from $239.00 to $185.00 and set an “underweight” rating for the company in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Duolingo in a report on Thursday, November 13th. The Goldman Sachs Group cut their price objective on shares of Duolingo from $425.00 to $250.00 and set a “neutral” rating on the stock in a report on Friday, November 7th. UBS Group reduced their price objective on shares of Duolingo from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Monday, October 20th. Finally, Evercore ISI set a $330.00 target price on shares of Duolingo and gave the company an “outperform” rating in a research report on Thursday, November 6th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $340.53.

Institutional Trading of Duolingo

Institutional investors and hedge funds have recently bought and sold shares of the business. Dragoneer Investment Group LLC boosted its stake in Duolingo by 324.4% during the 3rd quarter. Dragoneer Investment Group LLC now owns 1,580,787 shares of the company’s stock worth $508,760,000 after purchasing an additional 1,208,346 shares during the period. Baillie Gifford & Co. raised its holdings in shares of Duolingo by 28.6% in the third quarter. Baillie Gifford & Co. now owns 2,827,834 shares of the company’s stock valued at $910,110,000 after buying an additional 628,943 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Duolingo by 110.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock valued at $307,716,000 after buying an additional 520,069 shares during the last quarter. Norges Bank acquired a new stake in shares of Duolingo during the second quarter worth about $192,965,000. Finally, Balyasny Asset Management L.P. grew its holdings in shares of Duolingo by 22,970.4% during the third quarter. Balyasny Asset Management L.P. now owns 415,268 shares of the company’s stock worth $133,650,000 after buying an additional 413,468 shares during the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock.

About Duolingo

Duolingo, Inc operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam.