Public Employees Retirement System of Ohio Invests $1.26 Million in Duolingo, Inc. $DUOL

Public Employees Retirement System of Ohio purchased a new stake in Duolingo, Inc. (NASDAQ:DUOL) in the second quarter, Holdings Channel reports. The firm purchased 10,968 shares of the company’s stock, valued at approximately $1,262,000.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of Duolingo by 511.2% in the 1st quarter. Bank of America Corp DE now owns 1,332,301 shares of the company’s stock worth $131,325,000 after buying an additional 1,114,315 shares during the period. State of Michigan Retirement System raised its holdings in shares of Duolingo by 112.9% in the first quarter. State of Michigan Retirement System now owns 1,193,307 shares of the company’s stock valued at $117,624,000 after acquiring an additional 632,807 shares in the last quarter. FIL Ltd lifted its stake in Duolingo by 1,715,575.9% in the fourth quarter. FIL Ltd now owns 497,546 shares of the company’s stock worth $87,319,000 after acquiring an additional 497,517 shares during the period. Norges Bank bought a new position in Duolingo during the 4th quarter worth about $86,159,000. Finally, Amundi increased its position in Duolingo by 1,351.7% during the 1st quarter. Amundi now owns 449,068 shares of the company’s stock valued at $44,265,000 after purchasing an additional 418,134 shares during the period. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Duolingo

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Duolingo launched a new “Learn English from Punjabi” course, expanding its offering to Punjabi-speaking users in India. The initiative, supported by a campaign featuring “Ullu Da Pattha,” could broaden Duolingo’s addressable market and support long-term user growth. Duolingo rolls out Learn English from Punjabi course
• Positive Sentiment: The company’s daily active users reportedly increased 23% to 58.7 million, highlighting continued engagement momentum and strengthening Duolingo’s potential to convert more users into paying subscribers over time. Can DUOL’s 23% Daily User Growth Sustain Its Momentum?
• Neutral Sentiment: Duolingo introduced a phonetic fashion capsule featuring difficult-to-pronounce luxury and consumer brands, along with a pop-up during New York Fashion Week. The campaign may increase brand visibility and engagement, but its direct contribution to revenue is unclear. Duolingo Creates a Fashion Line for the Brands You Can’t Pronounce
• Negative Sentiment: Although daily active-user growth is strong, it is reportedly running ahead of paid-subscriber and bookings growth. Investors may view that gap as evidence that Duolingo is having difficulty monetizing its expanding audience quickly enough, creating pressure on near-term growth expectations. Can DUOL’s 23% Daily User Growth Sustain Its Momentum?

Insiders Place Their Bets

In related news, General Counsel Stephen C. Chen sold 1,024 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $129.13, for a total transaction of $132,229.12. Following the sale, the general counsel directly owned 51,841 shares of the company’s stock, valued at $6,694,228.33. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Duolingo stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $129.13, for a total value of $174,842.02. Following the transaction, the insider owned 169,391 shares of the company’s stock, valued at approximately $21,873,459.83. This represents a 0.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 6,668 shares of company stock valued at $874,382. Company insiders own 16.62% of the company’s stock.

Analyst Ratings Changes

DUOL has been the subject of several research reports. Wall Street Zen raised shares of Duolingo from a “sell” rating to a “hold” rating in a research report on Sunday, August 16th. Bank of America lowered Duolingo from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $103.00 to $93.00 in a report on Tuesday, August 4th. UBS Group lifted their price target on Duolingo from $125.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Barclays upped their price objective on Duolingo from $110.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded Duolingo from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $124.38.

Duolingo Stock Down 5.2%

DUOL stock opened at $146.39 on Wednesday. The firm has a 50 day moving average of $136.66 and a 200 day moving average of $117.42. The stock has a market capitalization of $6.85 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 1.26 and a beta of 0.89. 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.

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

Duolingo Company Profile

Duolingo, Inc (NASDAQ:DUOL) is a technology-driven education company that operates a widely used language-learning platform. Founded in 2011 by Luis von Ahn and Severin Hacker, Duolingo offers a freemium service featuring bite-sized lessons, gamified exercises and adaptive learning algorithms. The company’s core product is its mobile and web application, which supports instruction in more than 40 languages, ranging from widely spoken tongues such as English and Spanish to lesser-taught options including Irish and Swahili.

In addition to its flagship language courses, Duolingo has expanded its product suite to include the Duolingo English Test, an on-demand, computer-based English proficiency exam designed for academic and professional admissions.