Duolingo (NASDAQ:DUOL) CFO Matthew Skaruppa Sells 3,059 Shares of Stock

Duolingo, Inc. (NASDAQ:DUOL) CFO Matthew Skaruppa sold 3,059 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $175.76, for a total transaction of $537,649.84. Following the sale, the chief financial officer owned 37,487 shares of the company’s stock, valued at $6,588,715.12. This trade represents a 7.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Matthew Skaruppa also recently made the following trade(s):

• On Monday, November 17th, Matthew Skaruppa sold 2,799 shares of Duolingo stock. The stock was sold at an average price of $177.95, for a total value of $498,082.05.
• On Monday, November 17th, Matthew Skaruppa sold 2,799 shares of Duolingo stock. The shares were sold at an average price of $177.95, for a total value of $498,082.05.
• On Tuesday, August 26th, Matthew Skaruppa sold 10,937 shares of Duolingo stock. The shares were sold at an average price of $317.39, for a total value of $3,471,294.43.

Duolingo Trading Down 0.1%

Duolingo stock opened at $174.28 on Thursday. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.07. Duolingo, Inc. has a 12-month low of $168.84 and a 12-month high of $544.93. The firm has a market capitalization of $8.06 billion, a price-to-earnings ratio of 22.16, a P/E/G ratio of 1.11 and a beta of 0.83. The firm has a 50 day moving average of $282.34 and a 200 day moving average of $365.05.

Duolingo (NASDAQ:DUOL) last issued its earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share for the quarter, topping the consensus estimate of $0.72 by $5.23. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. The company had revenue of $271.71 million during the quarter, compared to the consensus estimate of $260.14 million. During the same quarter in the prior year, the firm 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. As a group, research analysts predict that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Hedge Funds Weigh In On Duolingo

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Duolingo by 3.3% in the second quarter. Vanguard Group Inc. now owns 3,647,951 shares of the company’s stock valued at $1,495,733,000 after purchasing an additional 116,135 shares during the period. Baillie Gifford & Co. grew its holdings in Duolingo by 28.6% during the 3rd quarter. Baillie Gifford & Co. now owns 2,827,834 shares of the company’s stock worth $910,110,000 after acquiring an additional 628,943 shares in the last quarter. Dragoneer Investment Group LLC increased its position in Duolingo by 324.4% during the 3rd quarter. Dragoneer Investment Group LLC now owns 1,580,787 shares of the company’s stock valued at $508,760,000 after purchasing an additional 1,208,346 shares during the period. Invesco Ltd. raised its holdings in shares of Duolingo by 24.1% in the 1st quarter. Invesco Ltd. now owns 1,346,278 shares of the company’s stock valued at $418,073,000 after purchasing an additional 261,212 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Duolingo by 0.5% in the 2nd quarter. State Street Corp now owns 1,164,387 shares of the company’s stock worth $477,422,000 after purchasing an additional 6,109 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DUOL. Zacks Research downgraded shares of Duolingo from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Barclays dropped their price target on Duolingo from $390.00 to $230.00 and set an “equal weight” rating for the company in a research note on Thursday, November 6th. Evercore ISI set a $330.00 price objective on Duolingo and gave the stock an “outperform” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. lowered their target price on Duolingo from $465.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, Robert W. Baird assumed coverage on shares of Duolingo in a research note on Friday, September 5th. They set a “neutral” rating and a $280.00 price target on the stock. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Duolingo currently has an average rating of “Hold” and an average price target 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.