Quadrant Capital Group LLC Has $1.29 Million Stake in Duolingo, Inc. $DUOL

Quadrant Capital Group LLC raised its holdings in Duolingo, Inc. (NASDAQ:DUOL) by 154.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,156 shares of the company’s stock after purchasing an additional 1,914 shares during the period. Quadrant Capital Group LLC’s holdings in Duolingo were worth $1,294,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DUOL. T. Rowe Price Investment Management Inc. boosted its stake in shares of Duolingo by 110.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock valued at $307,716,000 after buying an additional 520,069 shares during the period. Invesco Ltd. raised its holdings in 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 acquiring an additional 261,212 shares in the last quarter. Nuveen LLC bought a new stake in shares of Duolingo during the 1st quarter valued at $42,950,000. 1832 Asset Management L.P. grew its holdings in shares of Duolingo by 746.9% during the 1st quarter. 1832 Asset Management L.P. now owns 137,200 shares of the company’s stock worth $42,606,000 after purchasing an additional 121,000 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings 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 purchasing an additional 116,135 shares in the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Matthew Skaruppa sold 3,059 shares of Duolingo stock in a transaction 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Severin Hacker sold 10,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $288.94, for a total value of $2,889,400.00. Following the transaction, the insider directly owned 72 shares of the company’s stock, valued at approximately $20,803.68. This represents a 99.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 86,452 shares of company stock valued at $21,421,632 in the last 90 days. Corporate insiders own 15.67% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on DUOL. Citizens Jmp cut shares of Duolingo from a “market outperform” rating to a “hold” rating in a research report on Thursday, November 6th. KeyCorp downgraded shares of Duolingo from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Duolingo in a research report on Tuesday. Raymond James Financial reissued a “market perform” rating on shares of Duolingo in a research note on Tuesday, August 26th. Finally, Morgan Stanley set a $300.00 target price on Duolingo in a research note on Thursday, November 6th. Ten 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 MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $340.53.

Duolingo Price Performance

Shares of NASDAQ:DUOL opened at $191.50 on Friday. Duolingo, Inc. has a one year low of $166.27 and a one year high of $544.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.82. The company has a market cap of $8.85 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 1.21 and a beta of 0.83. The firm has a 50 day simple moving average of $266.63 and a 200 day simple moving average of $349.05.

Duolingo (NASDAQ:DUOL) last announced its quarterly 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. 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 period in the prior year, the business earned $0.49 earnings per share. The company’s revenue for the quarter 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. Research analysts predict that Duolingo, Inc. will post 2.03 earnings per share 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.