Rockefeller Capital Management L.P. Sells 6,479 Shares of Duolingo, Inc. $DUOL

Rockefeller Capital Management L.P. trimmed its stake in Duolingo, Inc. (NASDAQ:DUOL) by 33.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,984 shares of the company’s stock after selling 6,479 shares during the period. Rockefeller Capital Management L.P.’s holdings in Duolingo were worth $5,324,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Kiker Wealth Management LLC purchased a new position in Duolingo in the second quarter valued at about $31,000. Rise Advisors LLC lifted its position in shares of Duolingo by 43.6% during the first quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after buying an additional 24 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of Duolingo in the 1st quarter valued at about $28,000. Brooklyn Investment Group grew its position in shares of Duolingo by 4,750.0% in the 1st quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock worth $30,000 after buying an additional 95 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust bought a new position in shares of Duolingo during the 2nd quarter worth approximately $40,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on DUOL. Needham & Company LLC lowered their target price on shares of Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Citigroup cut Duolingo from a “buy” rating to a “market perform” rating in a research report on Thursday, November 6th. Robert W. Baird initiated coverage on Duolingo in a research report on Friday, September 5th. They set a “neutral” rating and a $280.00 target price on the stock. Baird R W upgraded Duolingo to a “hold” rating in a research note on Friday, September 5th. Finally, Barclays dropped their price target on Duolingo from $390.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 6th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $340.53.

Duolingo Stock Performance

Shares of DUOL opened at $168.01 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.82 and a current ratio of 2.82. The stock has a 50-day moving average of $279.51 and a two-hundred day moving average of $363.68. The stock has a market cap of $7.77 billion, a P/E ratio of 21.29, a P/E/G ratio of 1.10 and a beta of 0.83. Duolingo, Inc. has a one year low of $166.27 and a one year high of $544.93.

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

Insider Buying and Selling at Duolingo

In related news, insider Severin Hacker sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $172.74, for a total transaction of $1,727,400.00. Following the completion of the transaction, the insider directly owned 72 shares in the company, valued at $12,437.28. The trade was a 99.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Stephen C. Chen sold 1,514 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $175.87, for a total transaction of $266,267.18. Following the completion of the sale, the general counsel directly owned 31,542 shares in the company, valued at approximately $5,547,291.54. The trade was a 4.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 98,904 shares of company stock worth $25,379,787. Corporate insiders own 15.67% of the company’s stock.

Duolingo Company Profile

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.