10,275 Shares in Duolingo, Inc. $DUOL Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Duolingo, Inc. (NASDAQ:DUOL) in the 2nd quarter, HoldingsChannel reports. The fund acquired 10,275 shares of the company’s stock, valued at approximately $1,182,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its position in shares of Duolingo by 12,171.5% during the 2nd quarter. California State Teachers Retirement System now owns 5,119,655 shares of the company’s stock worth $588,863,000 after buying an additional 5,077,935 shares during the last quarter. Capital World Investors raised its stake in Duolingo by 0.5% during the 4th quarter. Capital World Investors now owns 2,241,378 shares of the company’s stock worth $393,362,000 after acquiring an additional 11,140 shares in the last quarter. Bank of America Corp DE raised its stake in Duolingo by 511.2% during the 1st quarter. Bank of America Corp DE now owns 1,332,301 shares of the company’s stock worth $131,325,000 after acquiring an additional 1,114,315 shares in the last quarter. State of Michigan Retirement System lifted its position in Duolingo by 112.9% in the first quarter. State of Michigan Retirement System now owns 1,193,307 shares of the company’s stock valued at $117,624,000 after acquiring an additional 632,807 shares during the last quarter. Finally, State Street Corp lifted its position in Duolingo by 0.5% in the second quarter. State Street Corp now owns 1,164,387 shares of the company’s stock valued at $477,422,000 after acquiring an additional 6,109 shares during the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Duolingo Trading Down 1.0%

NASDAQ:DUOL opened at $143.68 on Friday. Duolingo, Inc. has a 12-month low of $87.89 and a 12-month high of $353.00. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.06. The stock’s 50 day simple moving average is $137.76 and its 200-day simple moving average is $118.02. The firm has a market cap of $6.72 billion, a P/E ratio of 17.02, a PEG ratio of 1.18 and a beta of 0.89.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.06. Duolingo had a return on equity of 12.10% and a net margin of 35.88%.The firm had revenue of $298.45 million during the quarter, compared to the consensus estimate of $295.58 million. During the same period last year, the company earned $0.91 earnings per share. The company’s revenue for the quarter was up 18.3% on a year-over-year basis. Equities analysts anticipate that Duolingo, Inc. will post 2.62 EPS for the current year.

Duolingo News Roundup

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Duolingo reportedly retains 68% of users, a level highlighted as stronger than retention at popular mobile games such as Candy Crush and Royal Match. The comparison reinforces the platform’s engagement and could support the company’s subscription growth story. Duolingo user retention article
• Positive Sentiment: Duolingo received widespread free publicity after Apple introduced a foldable phone called the “iPhone Duo.” The company’s humorous social-media response, including exchanges with Samsung, generated substantial meme coverage and may increase brand awareness and engagement, although no immediate financial benefit was quantified. iPhone Duo memes article
• Positive Sentiment: A new Duolingo clothing line tied to language and pronunciation is expanding the brand beyond its core learning app. The initiative could create additional marketing reach and potential merchandise revenue, though its financial impact remains uncertain. Duolingo clothing line article
• Neutral Sentiment: Director William Gordon sold 10,000 shares for approximately $1.46 million, reducing his position by 12.75%. Because the transaction was conducted under a pre-arranged Rule 10b5-1 plan, it is a limited discretionary signal, but it may still weigh modestly on sentiment. SEC insider transaction filing
• Negative Sentiment: A widely circulated CEO account claiming ChatGPT taught him Spanish more effectively than Duolingo highlights the competitive threat from AI language-learning tools. Although anecdotal, the commentary could raise concerns about Duolingo’s long-term differentiation and weigh on the stock. ChatGPT language-learning article

Insider Activity

In other news, insider Natalie Glance sold 2,751 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $129.13, for a total value of $355,236.63. Following the completion of the sale, the insider owned 170,650 shares in the company, valued at approximately $22,036,034.50. This trade represents a 1.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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. Also, Director William Gordon sold 10,000 shares of Duolingo stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $145.67, for a total transaction of $1,456,700.00. Following the completion of the sale, the director directly owned 68,415 shares in the company, valued at approximately $9,966,013.05. The trade was a 12.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 16,668 shares of company stock worth $2,331,082 in the last 90 days. Corporate insiders own 16.62% of the company’s stock.

Analyst Upgrades and Downgrades

DUOL has been the topic of several research reports. Bank of America lowered Duolingo from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $103.00 to $93.00 in a report on Tuesday, August 4th. Barclays boosted their target price on Duolingo from $110.00 to $115.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. KeyCorp raised Duolingo from a “hold” rating to an “overweight” rating in a research report on Tuesday, August 18th. Wedbush raised their price target on Duolingo from $139.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, August 20th. Finally, Citigroup raised Duolingo from a “hold” rating to a “buy” rating in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Duolingo presently has a consensus rating of “Hold” and an average target price of $124.38.

Duolingo Company Profile

Duolingo, Inc develops digital learning products designed to make education accessible through mobile devices and the web. Its primary product is the Duolingo language-learning platform, which offers courses in numerous languages through interactive, game-like lessons, practice exercises and personalized learning features.

The company also provides the Duolingo English Test, an online English-proficiency assessment used by educational institutions and other organizations. In addition, Duolingo has expanded beyond language learning with products such as Duolingo Math and Duolingo Music, while offering premium subscription features through plans including Super Duolingo and Duolingo Max.

Duolingo serves users internationally, with its applications and online services available across a broad range of geographies.