Duolingo, Inc. (NASDAQ:DUOL) CEO Ahn Luis Von Sells 8,000 Shares

Duolingo, Inc. (NASDAQ:DUOL) CEO Ahn Luis Von sold 8,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $434.79, for a total transaction of $3,478,320.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Ahn Luis Von also recently made the following trade(s):

• On Wednesday, January 15th, Ahn Luis Von sold 8,000 shares of Duolingo stock. The shares were sold at an average price of $321.00, for a total transaction of $2,568,000.00.
• On Thursday, December 12th, Ahn Luis Von sold 41,759 shares of Duolingo stock. The shares were sold at an average price of $340.29, for a total transaction of $14,210,170.11.

Duolingo Stock Down 2.0 %

DUOL stock opened at $432.52 on Thursday. Duolingo, Inc. has a 12-month low of $145.05 and a 12-month high of $441.77. The company has a quick ratio of 3.09, a current ratio of 3.09 and a debt-to-equity ratio of 0.07. The company has a market cap of $19.03 billion, a price-to-earnings ratio of 236.35 and a beta of 0.89. The company has a 50 day moving average of $354.37 and a two-hundred day moving average of $300.95.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DUOL. Vontobel Holding Ltd. acquired a new position in shares of Duolingo during the 3rd quarter worth $474,000. Bleakley Financial Group LLC acquired a new position in shares of Duolingo during the 3rd quarter worth $265,000. Blue Trust Inc. increased its stake in shares of Duolingo by 228.7% during the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock worth $133,000 after purchasing an additional 327 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Duolingo by 30,909.9% during the 3rd quarter. International Assets Investment Management LLC now owns 355,063 shares of the company’s stock worth $100,135,000 after purchasing an additional 353,918 shares during the last quarter. Finally, Joel Isaacson & Co. LLC increased its stake in shares of Duolingo by 13.0% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 1,734 shares of the company’s stock worth $489,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Scotiabank assumed coverage on shares of Duolingo in a research note on Thursday, December 5th. They set a “sector outperform” rating and a $425.00 target price for the company. The Goldman Sachs Group upped their price target on shares of Duolingo from $250.00 to $275.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. JMP Securities restated a “market perform” rating on shares of Duolingo in a research report on Friday, February 14th. Jefferies Financial Group began coverage on shares of Duolingo in a research report on Friday, January 24th. They issued a “hold” rating and a $370.00 price target for the company. Finally, Seaport Res Ptn downgraded shares of Duolingo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Seven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $355.55.

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.