Los Angeles Capital Management LLC Takes Position in Duolingo, Inc. $DUOL

Los Angeles Capital Management LLC purchased a new position in shares of Duolingo, Inc. (NASDAQ:DUOLFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 35,065 shares of the company’s stock, valued at approximately $14,377,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Invesco Ltd. raised its position in Duolingo by 24.1% during the first 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. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Duolingo by 110.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock valued at $307,716,000 after purchasing an additional 520,069 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in shares of Duolingo by 23.5% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 214,594 shares of the company’s stock valued at $66,640,000 after purchasing an additional 40,812 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Duolingo by 123.8% in the 1st quarter. AQR Capital Management LLC now owns 201,692 shares of the company’s stock valued at $61,478,000 after purchasing an additional 111,589 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of Duolingo during the 1st quarter worth $42,950,000. 91.59% of the stock is owned by institutional investors.

Insider Transactions at Duolingo

In related news, CFO Matthew Skaruppa sold 10,937 shares of Duolingo stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $317.39, for a total value of $3,471,294.43. Following the transaction, the chief financial officer directly owned 43,345 shares of the company’s stock, valued at $13,757,269.55. The trade was a 20.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Severin Hacker sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $288.94, for a total value of $2,889,400.00. Following the completion of the sale, the insider owned 72 shares in the company, valued at $20,803.68. The trade was a 99.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 83,791 shares of company stock worth $25,649,401 over the last ninety days. 15.67% of the stock is owned by insiders.

Duolingo Stock Performance

Shares of Duolingo stock opened at $201.21 on Friday. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of 25.50, a P/E/G ratio of 1.32 and a beta of 0.83. Duolingo, Inc. has a twelve month low of $182.00 and a twelve month high of $544.93. The company’s fifty day moving average is $297.76 and its 200 day moving average is $376.93. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.07.

Duolingo (NASDAQ:DUOLGet Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $5.23. The business had revenue of $271.71 million during the quarter, compared to analyst estimates of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.Duolingo’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same period last year, the company earned $0.49 EPS. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts forecast that Duolingo, Inc. will post 2.03 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Duolingo in a research note on Wednesday, October 8th. Citigroup cut shares of Duolingo from a “buy” rating to a “market perform” rating in a report on Thursday. Raymond James Financial reaffirmed a “market perform” rating on shares of Duolingo in a report on Tuesday, August 26th. Citizens Jmp cut shares of Duolingo from a “market outperform” rating to a “hold” rating in a research report on Thursday. Finally, Evercore ISI set a $330.00 target price on shares of Duolingo and gave the company an “outperform” rating in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $340.53.

Read Our Latest Stock Report on DUOL

Duolingo Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Duolingo (NASDAQ:DUOL)

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