Duolingo, Inc. (NASDAQ:DUOL) CEO Ahn Luis Von Sells 100 Shares

Duolingo, Inc. (NASDAQ:DUOLGet Free Report) CEO Ahn Luis Von sold 100 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $215.00, for a total transaction of $21,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ahn Luis Von also recently made the following trade(s):

  • On Tuesday, March 5th, Ahn Luis Von sold 13,600 shares of Duolingo stock. The shares were sold at an average price of $208.34, for a total value of $2,833,424.00.

Duolingo Price Performance

Shares of Duolingo stock traded up $9.11 during trading on Monday, reaching $222.64. The company’s stock had a trading volume of 683,222 shares, compared to its average volume of 712,607. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $9.55 billion, a P/E ratio of 654.84 and a beta of 0.87. Duolingo, Inc. has a one year low of $114.11 and a one year high of $245.87. The stock has a 50-day moving average price of $197.74 and a two-hundred day moving average price of $188.87.

Duolingo (NASDAQ:DUOLGet Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. Duolingo had a return on equity of 2.64% and a net margin of 3.03%. The firm had revenue of $150.99 million during the quarter, compared to analyst estimates of $146.98 million. As a group, sell-side analysts anticipate that Duolingo, Inc. will post 1.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on DUOL shares. Needham & Company LLC lifted their target price on Duolingo from $210.00 to $241.00 and gave the company a “buy” rating in a research note on Thursday, February 29th. Piper Sandler increased their target price on shares of Duolingo from $217.00 to $282.00 and gave the stock an “overweight” rating in a research report on Thursday, February 29th. The Goldman Sachs Group lifted their price target on shares of Duolingo from $160.00 to $190.00 and gave the company a “sell” rating in a research report on Thursday, February 29th. Bank of America boosted their price objective on Duolingo from $230.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. Finally, Barclays raised their price target on shares of Duolingo from $173.00 to $243.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 29th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $235.11.

Get Our Latest Stock Report on DUOL

Hedge Funds Weigh In On Duolingo

A number of hedge funds and other institutional investors have recently made changes to their positions in DUOL. Acadian Asset Management LLC increased its stake in shares of Duolingo by 4.9% during the 3rd quarter. Acadian Asset Management LLC now owns 366,526 shares of the company’s stock worth $60,775,000 after purchasing an additional 17,097 shares during the last quarter. FMR LLC grew its holdings in Duolingo by 37.9% in the 3rd quarter. FMR LLC now owns 1,019,641 shares of the company’s stock valued at $169,128,000 after buying an additional 280,051 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in Duolingo during the 3rd quarter worth $12,124,000. Artisan Partners Limited Partnership boosted its holdings in Duolingo by 43.5% in the 3rd quarter. Artisan Partners Limited Partnership now owns 234,390 shares of the company’s stock valued at $38,878,000 after purchasing an additional 71,074 shares during the period. Finally, New York State Common Retirement Fund grew its position in Duolingo by 39.7% during the third quarter. New York State Common Retirement Fund now owns 55,576 shares of the company’s stock worth $9,218,000 after buying an additional 15,781 shares in the last quarter. 76.93% of the stock is owned by institutional investors.

Duolingo Company Profile

(Get Free Report)

Duolingo, Inc operates as a mobile learning platform in the United States, China, 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 language proficiency assessment exam.

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Insider Buying and Selling by Quarter for Duolingo (NASDAQ:DUOL)

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