Insider Selling: Duolingo (NASDAQ:DUOL) Insider Sells 10,000 Shares of Stock

Duolingo, Inc. (NASDAQ:DUOL) insider Severin Hacker sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $172.74, for a total transaction of $1,727,400.00. Following the sale, the insider owned 72 shares of the company’s stock, valued at $12,437.28. This trade represents a 99.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Severin Hacker also recently made the following trade(s):

• On Tuesday, November 4th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $263.13, for a total transaction of $2,631,300.00.
• On Monday, October 20th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $314.72, for a total transaction of $3,147,200.00.
• On Monday, October 6th, Severin Hacker sold 10,000 shares of Duolingo stock. The shares were sold at an average price of $321.63, for a total transaction of $3,216,300.00.
• On Friday, September 19th, Severin Hacker sold 10,000 shares of Duolingo stock. The shares were sold at an average price of $288.94, for a total value of $2,889,400.00.
• On Friday, September 5th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $268.55, for a total value of $2,685,500.00.

Duolingo Stock Down 3.7%

Shares of DUOL stock traded down $6.47 during trading hours on Thursday, reaching $168.01. The company had a trading volume of 1,663,388 shares, compared to its average volume of 1,294,875. The company has a market cap of $7.77 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 1.11 and a beta of 0.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.82. Duolingo, Inc. has a 12 month low of $166.27 and a 12 month high of $544.93. The business has a fifty day simple moving average of $282.34 and a 200-day simple moving average of $365.05.

Duolingo (NASDAQ:DUOL) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $5.23. The firm had revenue of $271.71 million for the quarter, compared to the consensus estimate of $260.14 million. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. The business’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.49 EPS. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that Duolingo, Inc. will post 2.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Duolingo

Hedge funds have recently made changes to their positions in the stock. Dragoneer Investment Group LLC grew its stake in Duolingo by 324.4% during the third quarter. Dragoneer Investment Group LLC now owns 1,580,787 shares of the company’s stock valued at $508,760,000 after acquiring an additional 1,208,346 shares in the last quarter. Baillie Gifford & Co. boosted its stake in Duolingo by 28.6% during the third quarter. Baillie Gifford & Co. now owns 2,827,834 shares of the company’s stock valued at $910,110,000 after buying an additional 628,943 shares during the period. T. Rowe Price Investment Management Inc. grew its position in Duolingo by 110.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock worth $307,716,000 after buying an additional 520,069 shares in the last quarter. Norges Bank purchased a new position in Duolingo during the second quarter worth about $192,965,000. Finally, Balyasny Asset Management L.P. increased its stake in Duolingo by 22,970.4% in the 3rd quarter. Balyasny Asset Management L.P. now owns 415,268 shares of the company’s stock worth $133,650,000 after acquiring an additional 413,468 shares during the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Citigroup lowered Duolingo from a “buy” rating to a “market perform” rating in a report on Thursday, November 6th. Raymond James Financial restated a “market perform” rating on shares of Duolingo in a research note on Tuesday, August 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Duolingo in a research note on Wednesday. Wall Street Zen lowered shares of Duolingo from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. Finally, Evercore ISI set a $330.00 price objective on shares of Duolingo and gave the stock an “outperform” rating in a report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $340.53.

About Duolingo

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.