Public Employees Retirement System of Ohio Invests $1.26 Million in Duolingo, Inc. $DUOL

Public Employees Retirement System of Ohio bought a new position in Duolingo, Inc. (NASDAQ:DUOL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,968 shares of the company’s stock, valued at approximately $1,262,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Generali Investments Management Co LLC bought a new position in Duolingo in the 2nd quarter valued at approximately $565,000. Everhart Financial Group Inc. purchased a new position in shares of Duolingo in the second quarter worth $313,000. FNY Investment Advisers LLC bought a new position in shares of Duolingo during the second quarter valued at $34,000. GAMMA Investing LLC lifted its holdings in shares of Duolingo by 103.1% during the second quarter. GAMMA Investing LLC now owns 1,324 shares of the company’s stock valued at $152,000 after purchasing an additional 672 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Duolingo by 416.0% during the first quarter. Pacer Advisors Inc. now owns 238,458 shares of the company’s stock valued at $23,505,000 after buying an additional 192,245 shares during the last quarter. Institutional investors own 91.59% of the company’s stock.

Duolingo News Summary

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Duolingo launched a new “Learn English from Punjabi” course, expanding its offering to Punjabi-speaking users in India. The initiative, supported by a campaign featuring “Ullu Da Pattha,” could broaden Duolingo’s addressable market and support long-term user growth. Duolingo rolls out Learn English from Punjabi course
• Positive Sentiment: The company’s daily active users reportedly increased 23% to 58.7 million, highlighting continued engagement momentum and strengthening Duolingo’s potential to convert more users into paying subscribers over time. Can DUOL’s 23% Daily User Growth Sustain Its Momentum?
• Neutral Sentiment: Duolingo introduced a phonetic fashion capsule featuring difficult-to-pronounce luxury and consumer brands, along with a pop-up during New York Fashion Week. The campaign may increase brand visibility and engagement, but its direct contribution to revenue is unclear. Duolingo Creates a Fashion Line for the Brands You Can’t Pronounce
• Negative Sentiment: Although daily active-user growth is strong, it is reportedly running ahead of paid-subscriber and bookings growth. Investors may view that gap as evidence that Duolingo is having difficulty monetizing its expanding audience quickly enough, creating pressure on near-term growth expectations. Can DUOL’s 23% Daily User Growth Sustain Its Momentum?

Duolingo Price Performance

NASDAQ DUOL opened at $146.39 on Wednesday. The stock has a market cap of $6.85 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 1.26 and a beta of 0.89. Duolingo, Inc. has a 12 month low of $87.89 and a 12 month high of $353.00. The company’s 50 day moving average is $136.66 and its two-hundred day moving average is $117.42. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.06.

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

Analysts Set New Price Targets

DUOL has been the subject of a number of recent analyst reports. Wells Fargo & Company initiated coverage on Duolingo in a research report on Tuesday, August 18th. They issued an “overweight” rating for the company. Wedbush boosted their price objective on shares of Duolingo from $139.00 to $150.00 and gave the company a “neutral” rating in a report on Thursday, August 20th. Evercore set a $105.00 target price on shares of Duolingo in a report on Thursday, August 6th. Needham & Company LLC reiterated a “buy” rating and set a $145.00 target price on shares of Duolingo in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. raised their price target on Duolingo from $125.00 to $135.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $124.38.

Insiders Place Their Bets

In other news, insider Natalie Glance sold 2,751 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $129.13, for a total transaction of $355,236.63. Following the sale, the insider directly owned 170,650 shares in the company, valued at approximately $22,036,034.50. This represents a 1.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, General Counsel Stephen Chen sold 1,024 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $129.13, for a total value of $132,229.12. Following the completion of the sale, the general counsel directly owned 51,841 shares of the company’s stock, valued at $6,694,228.33. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 6,668 shares of company stock valued at $874,382 in the last three months. Corporate insiders own 16.62% of the company’s stock.

Duolingo 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.