Duolingo, Inc. (NASDAQ:DUOL – Get Free Report) General Counsel Stephen Chen sold 8,072 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $149.33, for a total transaction of $1,205,391.76. Following the completion of the sale, the general counsel directly owned 43,769 shares of the company’s stock, valued at approximately $6,536,024.77. The trade was a 15.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Duolingo Stock Down 0.7%
Shares of NASDAQ:DUOL opened at $147.10 on Friday. The firm has a market capitalization of $6.88 billion, a PE ratio of 17.43, a price-to-earnings-growth ratio of 1.22 and a beta of 0.89. The business has a 50 day simple moving average of $139.39 and a two-hundred day simple moving average of $119.24. Duolingo, Inc. has a 1 year low of $87.89 and a 1 year high of $353.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.72 and a quick ratio of 2.72.
Duolingo (NASDAQ:DUOL – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.06. Duolingo had a return on equity of 12.10% and a net margin of 35.88%.The firm had revenue of $298.45 million for the quarter, compared to the consensus estimate of $295.58 million. During the same period in the prior year, the business posted $0.91 earnings per share. The company’s revenue for the quarter was up 18.3% on a year-over-year basis. On average, equities analysts predict that Duolingo, Inc. will post 2.62 EPS for the current year.
Duolingo News Summary
- Positive Sentiment: Duolingo launched a global collaboration with Brawl Stars, featuring a face-off between the companies’ recognizable mascots. The campaign could increase brand visibility, user engagement and customer acquisition, although its immediate financial impact is uncertain. Brawl Stars’ and Duolingo’s Iconic Mascots Face Off in New Collaboration
- Positive Sentiment: Some recent commentary views Duolingo’s artificial-intelligence initiatives and changes to its Super subscription offerings as potential growth drivers. Successful execution could improve monetization and support the company’s long-term expansion. Is Duolingo Undervalued On Its AI Push And Super Subscription Changes?
- Neutral Sentiment: DA Davidson reaffirmed a “Buy” rating, but the broader brokerage consensus remains “Hold.” The mixed views indicate that analysts see potential while remaining cautious about the stock’s valuation and growth outlook. DA Davidson Reaffirms Buy Rating for Duolingo
- Neutral Sentiment: Duolingo ranked ahead of Netflix in a new brand or company power ranking, providing a modest positive signal for brand strength but limited direct evidence of near-term earnings impact. Duolingo Beats Netflix by 80 Spots in New Power Ranking
- Negative Sentiment: Several reports argue that DUOL appears expensive as investors assess the effects of its AI product changes. Valuation sensitivity may be contributing to the decline, particularly given the stock’s elevated earnings multiple and the need for continued strong growth. Duolingo Stock Seems Pricey As AI Product Changes Draw Focus
- Negative Sentiment: General Counsel Stephen Chen sold 8,072 shares worth approximately $1.21 million, reducing his holdings by 15.57%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, but insider selling can still weigh on sentiment. Insider Selling: Duolingo General Counsel Sells 8,072 Shares
Institutional Trading of Duolingo
A number of hedge funds have recently added to or reduced their stakes in DUOL. Lingotto Investment Management LLP lifted its holdings in shares of Duolingo by 34.3% during the 4th 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. purchased a new position in Duolingo during the 4th quarter worth $3,752,000. Investment House LLC increased its position in Duolingo by 250.7% during 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 acquired a new position in Duolingo during the 4th quarter valued at about $1,682,000. Finally, Amundi raised its stake in Duolingo by 1,351.7% in the first quarter. Amundi now owns 449,068 shares of the company’s stock valued at $44,265,000 after buying an additional 418,134 shares during the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. KeyCorp raised shares of Duolingo from a “hold” rating to an “overweight” rating in a research note on Tuesday, August 18th. Needham & Company LLC reaffirmed a “buy” rating and issued a $145.00 price target on shares of Duolingo in a research note on Thursday, August 6th. Compass Point started coverage on shares of Duolingo in a report on Tuesday, August 18th. They set a “buy” rating for the company. Scotiabank set a $120.00 price objective on shares of Duolingo in a research report on Thursday, August 6th. Finally, DA Davidson restated a “buy” rating and issued a $175.00 target price on shares of Duolingo in a research note on Monday. One 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, the company has a consensus rating of “Hold” and an average price target of $124.38.
Read Our Latest Stock Analysis on Duolingo
Duolingo Company Profile
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.
Further Reading
- Five stocks we like better than Duolingo
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for Duolingo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duolingo and related companies with MarketBeat.com's FREE daily email newsletter.
