Insider Selling: Duolingo (NASDAQ:DUOL) Insider Sells 2,534 Shares of Stock

Duolingo, Inc. (NASDAQ:DUOL) insider Natalie Glance sold 2,534 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $177.95, for a total transaction of $450,925.30. Following the transaction, the insider directly owned 113,637 shares in the company, valued at $20,221,704.15. The trade was a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Natalie Glance also recently made the following trade(s):

• On Tuesday, November 18th, Natalie Glance sold 2,471 shares of Duolingo stock. The stock was sold at an average price of $175.79, for a total transaction of $434,377.09.
• On Tuesday, November 18th, Natalie Glance sold 2,471 shares of Duolingo stock. The shares were sold at an average price of $175.79, for a total transaction of $434,377.09.
• On Wednesday, October 1st, Natalie Glance sold 3,283 shares of Duolingo stock. The stock was sold at an average price of $312.30, for a total transaction of $1,025,280.90.

Duolingo Stock Performance

Shares of NASDAQ DUOL traded down $0.97 during midday trading on Wednesday, reaching $174.48. The company’s stock had a trading volume of 2,108,565 shares, compared to its average volume of 1,293,200. The stock has a market capitalization of $8.07 billion, a P/E ratio of 22.11, a PEG ratio of 1.13 and a beta of 0.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.82. The firm has a 50 day moving average price of $284.57 and a 200-day moving average price of $366.40. Duolingo, Inc. has a 12-month low of $168.84 and a 12-month high of $544.93.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $5.23. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The business had revenue of $271.71 million for the quarter, compared to analyst estimates of $260.14 million. During the same period last year, the company posted $0.49 earnings per share. Duolingo’s quarterly revenue was up 41.1% compared to the same quarter last year. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts predict that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on DUOL shares. UBS Group cut their price target 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. Evercore ISI set a $330.00 target price on shares of Duolingo and gave the company an “outperform” rating in a research report on Thursday, November 6th. Citizens Jmp lowered shares of Duolingo from a “market outperform” rating to a “hold” rating in a research note on Thursday, November 6th. Finally, JPMorgan Chase & Co. dropped their price objective on Duolingo from $465.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Duolingo currently has an average rating of “Hold” and a consensus price target of $340.53.

Institutional Trading of Duolingo

Institutional investors have recently modified their holdings of the business. Rise Advisors LLC grew its stake in Duolingo by 43.6% in the 1st quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after buying an additional 24 shares in the last quarter. Summit Securities Group LLC bought a new position in shares of Duolingo in the first quarter worth $28,000. Brooklyn Investment Group boosted its holdings in shares of 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 acquiring an additional 95 shares during the period. Kiker Wealth Management LLC purchased a new position in shares of Duolingo in the second quarter valued at $31,000. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Duolingo during the 3rd quarter valued at $32,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

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.