Duolingo, Inc. $DUOL Shares Sold by Engineers Gate Manager LP

Engineers Gate Manager LP trimmed its holdings in Duolingo, Inc. (NASDAQ:DUOL) by 45.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,062 shares of the company’s stock after selling 28,061 shares during the quarter. Engineers Gate Manager LP’s holdings in Duolingo were worth $3,918,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in DUOL. Lingotto Investment Management LLP increased its holdings in shares of Duolingo by 34.3% in the fourth quarter. Lingotto Investment Management LLP now owns 33,563 shares of the company’s stock valued at $5,890,000 after purchasing an additional 8,563 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new position in Duolingo during the fourth quarter worth $3,752,000. Investment House LLC grew its holdings in Duolingo by 250.7% in the 4th quarter. Investment House LLC now owns 18,038 shares of the company’s stock valued at $3,166,000 after buying an additional 12,894 shares in the last quarter. Leonteq Securities AG purchased a new stake in Duolingo in the 4th quarter valued at $1,682,000. Finally, Amundi increased its stake in shares of Duolingo by 1,351.7% in the 1st quarter. Amundi now owns 449,068 shares of the company’s stock worth $44,265,000 after acquiring an additional 418,134 shares during the last quarter. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DUOL shares. Evercore set a $105.00 price target on Duolingo in a report on Thursday, August 6th. Wells Fargo & Company assumed coverage on shares of Duolingo in a report on Tuesday, August 18th. They issued an “overweight” rating for the company. Morgan Stanley raised their price objective on shares of Duolingo from $95.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 16th. Barclays lifted their target price on shares of Duolingo from $110.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Finally, Jefferies Financial Group boosted their target price on shares of Duolingo from $95.00 to $125.00 and gave the company a “hold” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $124.38.

Duolingo Price Performance

NASDAQ:DUOL opened at $143.68 on Friday. Duolingo, Inc. has a 52 week low of $87.89 and a 52 week high of $353.00. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $6.72 billion, a P/E ratio of 17.02, a P/E/G ratio of 1.18 and a beta of 0.89. The stock’s fifty day moving average is $137.76 and its two-hundred day moving average is $118.02.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.60 by $0.06. The business had revenue of $298.45 million for the quarter, compared to analyst estimates of $295.58 million. Duolingo had a return on equity of 12.10% and a net margin of 35.88%.The company’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.91 EPS. Equities analysts expect that Duolingo, Inc. will post 2.62 EPS for the current year.

Insider Activity at Duolingo

In other Duolingo news, General Counsel Stephen Chen sold 1,024 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $129.13, for a total value of $132,229.12. Following the transaction, the general counsel owned 51,841 shares of the company’s stock, valued at $6,694,228.33. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Meese sold 1,354 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $129.13, for a total transaction of $174,842.02. Following the transaction, the insider directly owned 169,391 shares of the company’s stock, valued at approximately $21,873,459.83. This trade represents a 0.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 16,668 shares of company stock worth $2,331,082. 16.62% of the stock is owned by corporate insiders.

Key Stories Impacting Duolingo

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Duolingo reportedly retains 68% of users, a level highlighted as stronger than retention at popular mobile games such as Candy Crush and Royal Match. The comparison reinforces the platform’s engagement and could support the company’s subscription growth story. Duolingo user retention article
• Positive Sentiment: Duolingo received widespread free publicity after Apple introduced a foldable phone called the “iPhone Duo.” The company’s humorous social-media response, including exchanges with Samsung, generated substantial meme coverage and may increase brand awareness and engagement, although no immediate financial benefit was quantified. iPhone Duo memes article
• Positive Sentiment: A new Duolingo clothing line tied to language and pronunciation is expanding the brand beyond its core learning app. The initiative could create additional marketing reach and potential merchandise revenue, though its financial impact remains uncertain. Duolingo clothing line article
• Neutral Sentiment: Director William Gordon sold 10,000 shares for approximately $1.46 million, reducing his position by 12.75%. Because the transaction was conducted under a pre-arranged Rule 10b5-1 plan, it is a limited discretionary signal, but it may still weigh modestly on sentiment. SEC insider transaction filing
• Negative Sentiment: A widely circulated CEO account claiming ChatGPT taught him Spanish more effectively than Duolingo highlights the competitive threat from AI language-learning tools. Although anecdotal, the commentary could raise concerns about Duolingo’s long-term differentiation and weigh on the stock. ChatGPT language-learning article

About Duolingo

Duolingo, Inc develops digital learning products designed to make education accessible through mobile devices and the web. Its primary product is the Duolingo language-learning platform, which offers courses in numerous languages through interactive, game-like lessons, practice exercises and personalized learning features.

The company also provides the Duolingo English Test, an online English-proficiency assessment used by educational institutions and other organizations. In addition, Duolingo has expanded beyond language learning with products such as Duolingo Math and Duolingo Music, while offering premium subscription features through plans including Super Duolingo and Duolingo Max.

Duolingo serves users internationally, with its applications and online services available across a broad range of geographies.