Duolingo (NASDAQ:DUOL) Insider Natalie Glance Sells 1,539 Shares

Duolingo, Inc. (NASDAQ:DUOL) insider Natalie Glance sold 1,539 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $137.80, for a total value of $212,074.20. Following the sale, the insider owned 169,111 shares of the company’s stock, valued at approximately $23,303,495.80. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Monday, August 17th, Natalie Glance sold 2,751 shares of Duolingo stock. The stock was sold at an average price of $129.13, for a total transaction of $355,236.63.

Duolingo Stock Up 4.6%

Duolingo stock opened at $146.03 on Thursday. 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, Inc. has a fifty-two week low of $87.89 and a fifty-two week high of $355.00. The firm has a fifty day moving average price of $129.54 and a two-hundred day moving average price of $114.26. The firm has a market cap of $6.83 billion, a price-to-earnings ratio of 17.30, a P/E/G ratio of 1.12 and a beta of 0.87.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.06. Duolingo had a net margin of 35.88% and a return on equity of 12.10%. The business had revenue of $298.45 million for the quarter, compared to the consensus estimate of $295.58 million. During the same quarter last year, the company posted $0.91 earnings per share. Duolingo’s quarterly revenue was up 18.3% on a year-over-year basis. As a group, analysts forecast that Duolingo, Inc. will post 2.67 earnings per share for the current year.

Hedge Funds Weigh In On Duolingo

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE grew its position in shares of Duolingo by 511.2% in the first quarter. Bank of America Corp DE now owns 1,332,301 shares of the company’s stock valued at $131,325,000 after purchasing an additional 1,114,315 shares during the last quarter. State of Michigan Retirement System boosted its stake in Duolingo by 112.9% in the 1st quarter. State of Michigan Retirement System now owns 1,193,307 shares of the company’s stock valued at $117,624,000 after purchasing an additional 632,807 shares during the period. FIL Ltd boosted its stake in Duolingo by 1,715,575.9% in the 4th quarter. FIL Ltd now owns 497,546 shares of the company’s stock valued at $87,319,000 after purchasing an additional 497,517 shares during the period. Norges Bank acquired a new position in Duolingo in the 4th quarter valued at $86,159,000. Finally, Amundi increased its position in Duolingo by 1,351.7% during the 1st quarter. Amundi now owns 449,068 shares of the company’s stock worth $44,265,000 after buying an additional 418,134 shares during the period. 91.59% of the stock is owned by institutional investors.

Duolingo News Summary

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: DA Davidson upgraded Duolingo to “Buy” from “Neutral” and raised its price target to $160 from $130. The firm cited a potential “turning point” for the language-learning platform, including continued product improvements and strategic initiatives. The higher target suggests additional upside from recent trading levels. Duolingo Raised to Buy at DA Davidson
• Positive Sentiment: The upgrade triggered a gap higher and helped Duolingo outperform a weaker broader market. Investors are focusing on strong user growth, improving monetization prospects and lower artificial-intelligence costs, which could support margins and cash flow. Why Is Duolingo Stock Surging
• Neutral Sentiment: Several insiders sold shares, including General Counsel Stephen C. Chen, Robert Meese and Natalie Glance. The transactions were primarily made to cover tax withholding obligations on vested equity awards, and some were executed under pre-arranged Rule 10b5-1 plans. Because the sellers retained substantial holdings, the activity is less concerning than discretionary insider selling, but it may still temper sentiment. Duolingo Insider Filing
• Negative Sentiment: Analyst commentary also highlights risks: bookings growth has slowed, costs may rise as Duolingo invests in expansion, and the stock’s premium valuation leaves less room for execution missteps. Investors will likely need evidence that user growth can translate into sustained monetization and earnings growth. Should You Buy Duolingo as Growth Slows and Valuation Stays High

Wall Street Analyst Weigh In

DUOL has been the subject of several analyst reports. Zacks Research raised shares of Duolingo from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Craig Hallum cut shares of Duolingo to a “hold” rating in a research note on Tuesday. Jefferies Financial Group boosted their target price on Duolingo from $95.00 to $125.00 and gave the stock a “hold” rating in a report on Tuesday, July 14th. KeyCorp raised Duolingo from a “hold” rating to an “overweight” rating in a report on Tuesday. Finally, Wells Fargo & Company assumed coverage on Duolingo in a research report on Tuesday. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Duolingo has a consensus rating of “Hold” and an average target price of $130.50.

Duolingo Company Profile

Duolingo, Inc (NASDAQ:DUOL) is a technology-driven education company that operates a widely used language-learning platform. Founded in 2011 by Luis von Ahn and Severin Hacker, Duolingo offers a freemium service featuring bite-sized lessons, gamified exercises and adaptive learning algorithms. The company’s core product is its mobile and web application, which supports instruction in more than 40 languages, ranging from widely spoken tongues such as English and Spanish to lesser-taught options including Irish and Swahili.

In addition to its flagship language courses, Duolingo has expanded its product suite to include the Duolingo English Test, an on-demand, computer-based English proficiency exam designed for academic and professional admissions.