Insider Selling: Duolingo (NASDAQ:DUOL) Insider Sells 1,444 Shares of Stock

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

Duolingo Trading Down 1.6%

DUOL stock traded down $2.82 during mid-day trading on Tuesday, reaching $175.45. The company’s stock had a trading volume of 2,250,539 shares, compared to its average volume of 1,289,383. The business’s 50 day moving average price is $286.53 and its 200 day moving average price is $368.58. The company has a market cap of $8.11 billion, a price-to-earnings ratio of 22.24, a price-to-earnings-growth ratio of 1.17 and a beta of 0.83. 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, Inc. has a 12 month low of $172.88 and a 12 month high of $544.93.

Duolingo (NASDAQ:DUOL) last issued its earnings results 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. The business had revenue of $271.71 million for the quarter, compared to analyst estimates of $260.14 million. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. Duolingo’s revenue was up 41.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 earnings per share. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts predict that Duolingo, Inc. will post 2.03 EPS for the current year.

Institutional Investors Weigh In On Duolingo

Institutional investors have recently added to or reduced their stakes in the company. Kiker Wealth Management LLC purchased a new stake in shares of Duolingo during the second quarter worth about $31,000. Rise Advisors LLC increased its position in Duolingo by 43.6% during the 1st quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after purchasing an additional 24 shares during the period. Summit Securities Group LLC bought a new stake in shares of Duolingo during the 1st quarter valued at about $28,000. Brooklyn Investment Group lifted its holdings in Duolingo by 4,750.0% in the first quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock worth $30,000 after buying an additional 95 shares during the period. Finally, Emerald Mutual Fund Advisers Trust purchased a new position in shares of Duolingo during the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DUOL. The Goldman Sachs Group reduced their price objective on shares of Duolingo from $425.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, November 7th. UBS Group cut their price objective on shares of Duolingo from $500.00 to $450.00 and set a “buy” rating on the stock in a report on Monday, October 20th. Raymond James Financial reaffirmed a “market perform” rating on shares of Duolingo in a research report on Tuesday, August 26th. Citizens Jmp downgraded Duolingo from a “market outperform” rating to a “hold” rating in a research report on Thursday, November 6th. Finally, DA Davidson lowered their target price on Duolingo from $300.00 to $220.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $340.53.

About Duolingo

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.