Duolingo (NASDAQ:DUOL) Insider Robert Meese Sells 1,444 Shares

Duolingo, Inc. (NASDAQ:DUOL) insider Robert Meese sold 1,444 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $177.95, for a total value of $256,959.80. Following the completion of the transaction, the insider owned 123,636 shares in the company, valued at $22,001,026.20. The trade was a 1.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Duolingo Stock Performance

NASDAQ:DUOL opened at $175.45 on Wednesday. The stock has a 50-day moving average price of $284.57 and a 200 day moving average price of $366.40. The stock has a market capitalization of $8.11 billion, a P/E ratio of 22.24, a P/E/G ratio of 1.13 and a beta of 0.83. Duolingo, Inc. has a 12-month low of $172.88 and a 12-month high of $544.93. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.07.

Duolingo (NASDAQ:DUOL) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share 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 business had revenue of $271.71 million during the quarter, compared to the consensus estimate of $260.14 million. During the same period in the prior year, the company posted $0.49 EPS. The firm’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. Equities research analysts forecast that Duolingo, Inc. will post 2.03 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Scotiabank cut their target price on shares of Duolingo from $600.00 to $300.00 and set a “sector outperform” rating for the company in a research note on Thursday, November 6th. Evercore ISI set a $330.00 price objective on shares of Duolingo and gave the company an “outperform” rating in a report on Thursday, November 6th. Morgan Stanley set a $300.00 price objective on Duolingo in a research report on Thursday, November 6th. Wall Street Zen cut Duolingo from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Baird R W upgraded Duolingo to a “hold” rating in a research report on Friday, September 5th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $340.53.

Institutional Trading of Duolingo

A number of large investors have recently made changes to their positions in the business. Bryce Point Capital LLC purchased a new position in shares of Duolingo during the second quarter valued at approximately $946,000. Los Angeles Capital Management LLC purchased a new stake in shares of Duolingo in the second quarter worth approximately $14,377,000. Jefferies Financial Group Inc. bought a new stake in shares of Duolingo during the 1st quarter worth approximately $3,772,000. Profund Advisors LLC lifted its stake in shares of Duolingo by 165.5% during the 2nd quarter. Profund Advisors LLC now owns 2,456 shares of the company’s stock worth $1,007,000 after acquiring an additional 1,531 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in Duolingo by 39.0% during the 1st quarter. Hsbc Holdings PLC now owns 3,186 shares of the company’s stock valued at $995,000 after acquiring an additional 894 shares during the period. 91.59% of the stock is currently owned by institutional investors.

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.