Legacy Investment Solutions LLC Acquires New Holdings in Duolingo, Inc. $DUOL

Legacy Investment Solutions LLC acquired a new stake in shares of Duolingo, Inc. (NASDAQ:DUOL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,500 shares of the company’s stock, valued at approximately $1,845,000. Duolingo accounts for approximately 1.0% of Legacy Investment Solutions LLC’s holdings, making the stock its 22nd biggest holding.

Other hedge funds also recently bought and sold shares of the company. Bryce Point Capital LLC bought a new position in shares of Duolingo in the 2nd quarter worth $946,000. Jefferies Financial Group Inc. purchased a new stake in shares of Duolingo during the first quarter valued at about $3,772,000. Hsbc Holdings PLC lifted its position in shares of Duolingo by 39.0% during the first quarter. Hsbc Holdings PLC now owns 3,186 shares of the company’s stock valued at $995,000 after buying an additional 894 shares during the last quarter. Encompass More Asset Management bought a new stake in shares of Duolingo in the 1st quarter valued at about $762,000. Finally, Asset Management One Co. Ltd. purchased a new position in shares of Duolingo in the 2nd quarter worth approximately $1,409,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Insider Transactions at Duolingo

In related news, insider Robert Meese sold 1,444 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $329.03, for a total value of $475,119.32. Following the transaction, the insider owned 120,080 shares in the company, valued at approximately $39,509,922.40. This represents a 1.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Matthew Skaruppa sold 10,937 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $317.39, for a total transaction 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. This represents a 20.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 83,791 shares of company stock valued at $25,649,401 over the last quarter. Company insiders own 15.67% of the company’s stock.

Duolingo Price Performance

NASDAQ DUOL opened at $201.21 on Friday. The company has a market cap of $9.22 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.28 and a beta of 0.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.81 and a quick ratio of 2.81. The stock’s fifty day moving average price is $297.76 and its 200 day moving average price is $376.65. Duolingo, Inc. has a 1 year low of $182.00 and a 1 year high of $544.93.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $5.23. The company 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 firm’s revenue was up 41.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 EPS. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. DA Davidson decreased their target price on shares of Duolingo from $300.00 to $220.00 and set a “neutral” rating for the company in a research report on Thursday. Citizens Jmp downgraded Duolingo from a “market outperform” rating to a “hold” rating in a research report on Thursday. Robert W. Baird initiated coverage on Duolingo in a report on Friday, September 5th. They set a “neutral” rating and a $280.00 price objective for the company. Baird R W upgraded Duolingo to a “hold” rating in a research note on Friday, September 5th. Finally, The Goldman Sachs Group reduced their target price on Duolingo from $425.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $340.53.

Duolingo 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.