Laurel Wealth Advisors LLC Buys 410 Shares of Duolingo, Inc. $DUOL

Laurel Wealth Advisors LLC boosted its position in shares of Duolingo, Inc. (NASDAQ:DUOL) by 41,000.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 411 shares of the company’s stock after buying an additional 410 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Duolingo were worth $169,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of DUOL. Bryce Point Capital LLC acquired a new position in Duolingo in the second quarter valued at about $946,000. Vanguard Group Inc. grew its position in shares of Duolingo by 3.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,647,951 shares of the company’s stock worth $1,495,733,000 after buying an additional 116,135 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Duolingo in the 2nd quarter valued at about $14,377,000. Rhumbline Advisers raised its position in shares of Duolingo by 17.2% in the 2nd quarter. Rhumbline Advisers now owns 124,376 shares of the company’s stock valued at $50,997,000 after acquiring an additional 18,210 shares during the period. Finally, Jefferies Financial Group Inc. boosted its stake in Duolingo by 117.0% during the 2nd quarter. Jefferies Financial Group Inc. now owns 26,367 shares of the company’s stock worth $10,811,000 after acquiring an additional 14,219 shares during the last quarter. 91.59% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DUOL. Baird R W raised shares of Duolingo to a “hold” rating in a research note on Friday, September 5th. Barclays decreased their price target on shares of Duolingo from $390.00 to $230.00 and set an “equal weight” rating for the company in a report on Thursday, November 6th. Scotiabank lowered their price objective on shares of Duolingo from $600.00 to $300.00 and set a “sector outperform” rating for the company in a research report on Thursday, November 6th. The Goldman Sachs Group dropped their price objective on Duolingo from $425.00 to $250.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Finally, DA Davidson decreased their target price on Duolingo from $300.00 to $220.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $340.53.

Insiders Place Their Bets

In other Duolingo news, CFO Matthew Skaruppa sold 3,059 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $175.76, for a total value of $537,649.84. Following the sale, the chief financial officer owned 37,487 shares in the company, valued at approximately $6,588,715.12. The trade was a 7.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robert Meese sold 1,444 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $177.95, for a total value of $256,959.80. Following the transaction, the insider directly owned 123,636 shares of the company’s stock, valued at approximately $22,001,026.20. This trade represents a 1.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 86,452 shares of company stock worth $21,421,632 in the last 90 days. Company insiders own 15.67% of the company’s stock.

Duolingo Trading Up 1.6%

DUOL opened at $191.50 on Friday. The stock has a market capitalization of $8.85 billion, a P/E ratio of 24.27, a P/E/G ratio of 1.21 and a beta of 0.83. 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 $166.27 and a 12 month high of $544.93. The firm’s fifty day simple moving average is $266.63 and its 200 day simple moving average is $349.05.

Duolingo (NASDAQ:DUOL) last released its earnings results 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 during the quarter, compared to analysts’ expectations of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The company’s revenue was up 41.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 EPS. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts anticipate that Duolingo, Inc. will post 2.03 EPS for the current fiscal year.

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.