4,837 Shares in Duolingo, Inc. $DUOL Acquired by DNB Asset Management AS

DNB Asset Management AS acquired a new stake in shares of Duolingo, Inc. (NASDAQ:DUOL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,837 shares of the company’s stock, valued at approximately $1,983,000.

Several other large investors have also recently added to or reduced their stakes in DUOL. Entropy Technologies LP bought a new stake in Duolingo in the second quarter valued at $420,000. Magnetar Financial LLC acquired a new stake in shares of Duolingo in the 2nd quarter worth about $8,808,000. Swiss National Bank increased its holdings in shares of Duolingo by 1.5% in the 2nd quarter. Swiss National Bank now owns 67,100 shares of the company’s stock worth $27,512,000 after acquiring an additional 1,000 shares during the period. ABN AMRO Bank N.V. bought a new stake in Duolingo in the 2nd quarter valued at about $1,612,000. Finally, Handelsbanken Fonder AB boosted its stake in Duolingo by 1.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 9,700 shares of the company’s stock valued at $3,977,000 after purchasing an additional 100 shares during the period. 91.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Baird R W upgraded shares of Duolingo to a “hold” rating in a research note on Friday, September 5th. KeyCorp cut Duolingo from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. reduced their price target on Duolingo from $465.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Citigroup cut Duolingo from a “buy” rating to a “market perform” rating in a research note on Thursday, November 6th. Finally, Robert W. Baird started coverage on shares of Duolingo in a research note on Friday, September 5th. They set a “neutral” rating and a $280.00 price objective on the stock. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $340.53.

Duolingo Stock Performance

Shares of NASDAQ DUOL opened at $175.76 on Wednesday. Duolingo, Inc. has a 1 year low of $166.27 and a 1 year high of $544.93. The firm has a market cap of $8.12 billion, a P/E ratio of 22.28, a PEG ratio of 1.09 and a beta of 0.83. The stock has a fifty day moving average price of $272.46 and a two-hundred day moving average price of $354.89. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.82 and a current ratio of 2.82.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 earnings per share for the quarter, beating the consensus estimate of $0.72 by $5.23. The business had revenue of $271.71 million during 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 revenue was up 41.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 earnings per share. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts forecast that Duolingo, Inc. will post 2.03 EPS for the current fiscal year.

Insider Activity

In related news, insider Natalie Glance sold 3,283 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $36,280,203.30. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Severin Hacker sold 10,000 shares of Duolingo stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $288.94, for a total transaction of $2,889,400.00. Following the completion of the transaction, the insider owned 72 shares in the company, valued at approximately $20,803.68. This trade represents a 99.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 86,452 shares of company stock worth $21,421,632. Corporate insiders own 18.30% 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.