BNP PARIBAS ASSET MANAGEMENT Holding S.A. Purchases Shares of 357 Duolingo, Inc. $DUOL

BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Duolingo, Inc. (NASDAQ:DUOL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 357 shares of the company’s stock, valued at approximately $146,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Rise Advisors LLC grew its stake in shares of Duolingo by 43.6% during the first quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after buying an additional 24 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Duolingo by 20.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 153 shares of the company’s stock valued at $48,000 after buying an additional 26 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Duolingo by 16.3% during the second quarter. Parallel Advisors LLC now owns 186 shares of the company’s stock valued at $76,000 after buying an additional 26 shares during the last quarter. US Bancorp DE grew its stake in shares of Duolingo by 1.4% in the second quarter. US Bancorp DE now owns 1,968 shares of the company’s stock worth $807,000 after purchasing an additional 28 shares during the last quarter. Finally, New York Life Investment Management LLC grew its stake in shares of Duolingo by 0.7% in the second quarter. New York Life Investment Management LLC now owns 4,067 shares of the company’s stock worth $1,668,000 after purchasing an additional 30 shares during the last quarter. 91.59% of the stock is owned by institutional investors.

Duolingo Stock Down 0.8%

DUOL opened at $260.02 on Thursday. The firm has a 50-day simple moving average of $302.27 and a two-hundred day simple moving average of $378.73. Duolingo, Inc. has a 52 week low of $256.63 and a 52 week high of $544.93. The company has a market capitalization of $11.91 billion, a PE ratio of 107.00, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.10.

Duolingo (NASDAQ:DUOL) last announced its earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $5.23. The firm had revenue of $271.71 million for the quarter, compared to analysts’ expectations of $260.14 million. Duolingo had a net margin of 13.24% and a return on equity of 13.32%. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts forecast that Duolingo, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Matthew Skaruppa sold 10,937 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $317.39, for a total value of $3,471,294.43. Following the sale, the chief financial officer directly owned 43,345 shares of the company’s stock, valued at $13,757,269.55. This represents a 20.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert Meese sold 1,444 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $329.03, for a total transaction of $475,119.32. Following the completion of the sale, the insider directly owned 120,080 shares in the company, valued at $39,509,922.40. This trade represents a 1.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 73,791 shares of company stock worth $23,018,101. 15.67% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DUOL shares. Robert W. Baird began coverage on Duolingo in a research note on Friday, September 5th. They issued a “neutral” rating and a $280.00 target price for the company. KeyCorp upgraded shares of Duolingo from a “sector weight” rating to an “overweight” rating and set a $460.00 price objective for the company in a report on Monday, August 18th. Morgan Stanley boosted their price objective on shares of Duolingo from $480.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, August 7th. UBS Group decreased their price objective on shares of Duolingo from $500.00 to $450.00 and set a “buy” rating for the company in a report on Monday, October 20th. Finally, Citizens Jmp cut their price objective on Duolingo from $475.00 to $450.00 and set a “mkt outperform” rating for the company in a report on Monday, July 28th. Twelve investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $414.05.

Duolingo 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.