Duolingo, Inc. (NASDAQ:DUOL – Get Free Report) insider Severin Hacker sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $263.13, for a total transaction of $2,631,300.00. Following the transaction, the insider owned 72 shares of the company’s stock, valued at approximately $18,945.36. The trade was a 99.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Severin Hacker also recently made the following trade(s):
- On Monday, October 20th, Severin Hacker sold 10,000 shares of Duolingo stock. The shares were 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 stock was 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 shares were sold at an average price of $268.55, for a total transaction of $2,685,500.00.
- On Tuesday, August 19th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $344.56, for a total transaction of $3,445,600.00.
Duolingo Stock Performance
Shares of DUOL opened at $193.74 on Friday. The stock has a 50-day moving average of $299.69 and a 200-day moving average of $377.44. The company has a market cap of $8.88 billion, a PE ratio of 24.56, a P/E/G ratio of 1.71 and a beta of 0.83. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.81 and a quick ratio of 2.81. Duolingo, Inc. has a one year low of $182.00 and a one year high of $544.93.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on DUOL shares. Zacks Research cut Duolingo from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. JMP Securities dropped their price target on shares of Duolingo from $475.00 to $450.00 and set a “market outperform” rating on the stock in a research report on Monday, July 28th. JPMorgan Chase & Co. cut their target price on Duolingo from $465.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday. KeyCorp downgraded shares of Duolingo from an “overweight” rating to a “sector weight” rating in a report on Thursday. Finally, Citizens Jmp downgraded shares of Duolingo from a “market outperform” rating to a “hold” rating in a 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 company. Based on data from MarketBeat.com, Duolingo currently has a consensus rating of “Hold” and a consensus target price of $348.58.
Check Out Our Latest Stock Analysis on DUOL
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in DUOL. Rise Advisors LLC grew its stake in Duolingo by 43.6% during the first quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after acquiring an additional 24 shares in the last quarter. Summit Securities Group LLC purchased a new stake in Duolingo during the first quarter valued at about $28,000. Brooklyn Investment Group boosted its holdings in shares of Duolingo by 4,750.0% in the 1st quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 95 shares in the last quarter. Kiker Wealth Management LLC purchased a new position in shares of Duolingo during the 2nd quarter valued at about $31,000. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Duolingo during the 3rd quarter valued at about $32,000. Institutional investors own 91.59% of the company’s stock.
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.
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