Duolingo (NASDAQ:DUOL) Insider Natalie Glance Sells 2,534 Shares

Duolingo, Inc. (NASDAQ:DUOL) insider Natalie Glance sold 2,534 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $177.95, for a total transaction of $450,925.30. Following the completion of the transaction, the insider owned 113,637 shares of the company’s stock, valued at $20,221,704.15. This trade represents a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Natalie Glance also recently made the following trade(s):

• On Tuesday, November 18th, Natalie Glance sold 2,471 shares of Duolingo stock. The stock was sold at an average price of $175.79, for a total transaction of $434,377.09.
• On Tuesday, November 18th, Natalie Glance sold 2,471 shares of Duolingo stock. The shares were sold at an average price of $175.79, for a total transaction of $434,377.09.
• On Wednesday, October 1st, Natalie Glance sold 3,283 shares of Duolingo stock. The shares were sold at an average price of $312.30, for a total transaction of $1,025,280.90.

Duolingo Price Performance

Shares of Duolingo stock traded down $0.97 during trading on Wednesday, hitting $174.48. The stock had a trading volume of 2,108,565 shares, compared to its average volume of 1,293,200. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.07. Duolingo, Inc. has a 12 month low of $168.84 and a 12 month high of $544.93. The firm has a market cap of $8.07 billion, a price-to-earnings ratio of 22.11, a P/E/G ratio of 1.13 and a beta of 0.83. The business’s 50-day moving average is $284.57 and its 200 day moving average is $366.40.

Duolingo (NASDAQ:DUOL) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $5.23. The company 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%.The firm’s quarterly revenue was up 41.1% on a year-over-year basis. During the same quarter last year, the company earned $0.49 earnings per share. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DUOL. JMP Securities decreased their price objective 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. KeyCorp lowered shares of Duolingo from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 6th. Raymond James Financial reaffirmed a “market perform” rating on shares of Duolingo in a report on Tuesday, August 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of Duolingo in a research note on Thursday, November 13th. Finally, Wall Street Zen downgraded Duolingo from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. Ten research 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $340.53.

Hedge Funds Weigh In On Duolingo

A number of large investors have recently added to or reduced their stakes in the business. Kiker Wealth Management LLC purchased a new stake in Duolingo during the second quarter valued at about $31,000. Rise Advisors LLC lifted its stake in shares of Duolingo by 43.6% in the 1st quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after acquiring an additional 24 shares during the last quarter. Summit Securities Group LLC purchased a new stake in Duolingo during the 1st quarter valued at about $28,000. Brooklyn Investment Group grew its position in Duolingo by 4,750.0% during the 1st quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 95 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust bought a new position in Duolingo during the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

About Duolingo

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.