Duolingo, Inc. $DUOL Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its position in shares of Duolingo, Inc. (NASDAQ:DUOL) by 5.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,083 shares of the company’s stock after selling 424 shares during the quarter. Cetera Investment Advisers’ holdings in Duolingo were worth $3,314,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. grew its position in Duolingo by 110.5% during 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 period. Invesco Ltd. boosted its stake in shares of Duolingo by 24.1% during the 1st quarter. Invesco Ltd. now owns 1,346,278 shares of the company’s stock worth $418,073,000 after acquiring an additional 261,212 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Duolingo during the 1st quarter valued at about $42,950,000. 1832 Asset Management L.P. increased its stake in shares of Duolingo by 746.9% in the 1st quarter. 1832 Asset Management L.P. now owns 137,200 shares of the company’s stock valued at $42,606,000 after purchasing an additional 121,000 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Duolingo by 123.8% in the 1st quarter. AQR Capital Management LLC now owns 201,692 shares of the company’s stock worth $61,478,000 after purchasing an additional 111,589 shares during the period. 91.59% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Duolingo news, insider Natalie Glance sold 3,283 shares of Duolingo stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $312.30, for a total transaction of $1,025,280.90. Following the completion of the sale, the insider directly owned 116,171 shares in the company, valued at $36,280,203.30. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Matthew Skaruppa sold 3,059 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $175.76, for a total transaction of $537,649.84. Following the completion of the transaction, the chief financial officer owned 37,487 shares in the company, valued at approximately $6,588,715.12. This represents a 7.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 86,452 shares of company stock valued at $21,421,632 over the last 90 days. 15.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on DUOL shares. KeyCorp lowered Duolingo from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 6th. Evercore ISI set a $330.00 price target on shares of Duolingo and gave the company an “outperform” rating in a research note on Thursday, November 6th. Citigroup lowered shares of Duolingo from a “buy” rating to a “market perform” rating in a report on Thursday, November 6th. Raymond James Financial reaffirmed a “market perform” rating on shares of Duolingo in a report on Tuesday, August 26th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Duolingo in a research note on Tuesday. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Duolingo presently has a consensus rating of “Hold” and a consensus price target of $340.53.

Duolingo Trading Up 7.2%

Shares of Duolingo stock opened at $188.43 on Thursday. The stock has a 50 day moving average of $270.64 and a 200 day moving average of $353.73. 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 firm has a market capitalization of $8.71 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 1.11 and a beta of 0.83. Duolingo, Inc. has a fifty-two week low of $166.27 and a fifty-two week high of $544.93.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 EPS for the quarter, beating the consensus estimate of $0.72 by $5.23. The business had revenue of $271.71 million for the quarter, compared to analyst estimates of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The company’s quarterly revenue was up 41.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 EPS. 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 earnings per share for the current year.

Duolingo 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.