Robert Meese Sells 1,444 Shares of Duolingo (NASDAQ:DUOL) Stock

Duolingo, Inc. (NASDAQ:DUOL) insider Robert Meese sold 1,444 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $177.95, for a total transaction of $256,959.80. Following the transaction, the insider directly owned 123,636 shares in the company, valued at approximately $22,001,026.20. The trade was a 1.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Duolingo Stock Down 0.6%

DUOL stock opened at $174.48 on Thursday. Duolingo, Inc. has a 52 week low of $168.84 and a 52 week high of $544.93. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.07. The firm has a 50-day simple moving average of $282.34 and a 200-day simple moving average of $365.05. The stock has a market capitalization of $8.07 billion, a P/E ratio of 22.11, a P/E/G ratio of 1.11 and a beta of 0.83.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $5.23. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. The firm 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 EPS. 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. Equities analysts forecast that Duolingo, Inc. will post 2.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Duolingo

Several hedge funds and other institutional investors have recently bought and sold shares of DUOL. Rise Advisors LLC grew its stake in shares of 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 during the period. Summit Securities Group LLC acquired a new position in Duolingo in the first quarter valued at approximately $28,000. Brooklyn Investment Group grew its position in 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 acquired a new stake in Duolingo during the second quarter worth $31,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in Duolingo in the third quarter valued at $32,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DUOL has been the subject of several research reports. Wells Fargo & Company dropped their price target on Duolingo from $239.00 to $185.00 and set an “underweight” rating for the company in a research report on Thursday, November 6th. Wall Street Zen lowered shares of Duolingo from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. JPMorgan Chase & Co. decreased their price target on shares of Duolingo from $465.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. JMP Securities dropped their price objective on shares of Duolingo from $475.00 to $450.00 and set a “market outperform” rating for the company in a research note on Monday, July 28th. Finally, Citizens Jmp lowered shares of Duolingo from a “market outperform” rating to a “hold” rating in a research note on Thursday, November 6th. Ten research 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 presently has a consensus rating of “Hold” and a consensus target price of $340.53.

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.