Headlands Technologies LLC Cuts Stock Position in Duolingo, Inc. $DUOL

Posted by Stanley Muller on Aug 31st, 2026

Headlands Technologies LLC reduced its stake in Duolingo, Inc. (NASDAQ:DUOL – Free Report) by 18.3% during the second quarter, according to its most recent filing with the SEC. The fund owned 21,452 shares of the company’s stock after selling 4,804 shares during the quarter. Headlands Technologies LLC’s holdings in Duolingo were worth $2,467,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Capital World Investors increased its holdings in Duolingo by 0.5% in the 4th quarter. Capital World Investors now owns 2,241,378 shares of the company’s stock worth $393,362,000 after acquiring an additional 11,140 shares during the last quarter. Bank of America Corp DE raised its holdings in Duolingo by 511.2% during the 1st quarter. Bank of America Corp DE now owns 1,332,301 shares of the company’s stock valued at $131,325,000 after acquiring an additional 1,114,315 shares during the period. State of Michigan Retirement System lifted its position in shares of Duolingo by 112.9% during the first quarter. State of Michigan Retirement System now owns 1,193,307 shares of the company’s stock worth $117,624,000 after acquiring an additional 632,807 shares in the last quarter. State Street Corp boosted its holdings in shares of Duolingo by 0.5% in the second quarter. State Street Corp now owns 1,164,387 shares of the company’s stock worth $477,422,000 after acquiring an additional 6,109 shares during the period. Finally, Whale Rock Capital Management LLC grew its position in shares of Duolingo by 1.0% in the fourth quarter. Whale Rock Capital Management LLC now owns 876,646 shares of the company’s stock valued at $153,851,000 after purchasing an additional 8,477 shares in the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.

Duolingo Price Performance

Shares of NASDAQ DUOL opened at $146.98 on Monday. Duolingo, Inc. has a 12 month low of $87.89 and a 12 month high of $353.00. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 1.20 and a beta of 0.87. The business has a 50-day moving average of $132.35 and a 200-day moving average of $115.39.

Duolingo (NASDAQ:DUOL – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.06. Duolingo had a net margin of 35.88% and a return on equity of 12.10%. The business had revenue of $298.45 million for the quarter, compared to the consensus estimate of $295.58 million. During the same period last year, the firm posted $0.91 earnings per share. Duolingo’s quarterly revenue was up 18.3% on a year-over-year basis. Sell-side analysts expect that Duolingo, Inc. will post 2.62 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Natalie Glance sold 2,751 shares of Duolingo stock in a transaction on Monday, August 17th. The shares were sold at an average price of $129.13, for a total transaction of $355,236.63. Following the completion of the sale, the insider directly owned 170,650 shares of the company’s stock, valued at approximately $22,036,034.50. The trade was a 1.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Meese sold 1,354 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $129.13, for a total transaction of $174,842.02. Following the completion of the transaction, the insider owned 169,391 shares of the company’s stock, valued at $21,873,459.83. This trade represents a 0.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 6,668 shares of company stock valued at $874,382 in the last quarter. Corporate insiders own 16.62% of the company’s stock.

Wall Street Analyst Weigh In

DUOL has been the topic of a number of recent research reports. Craig Hallum cut Duolingo to a “hold” rating in a report on Tuesday, August 18th. Susquehanna began coverage on shares of Duolingo in a report on Tuesday, August 18th. They issued a “positive” rating on the stock. KeyCorp upgraded shares of Duolingo from a “hold” rating to an “overweight” rating in a research report on Tuesday, August 18th. UBS Group upped their target price on shares of Duolingo from $125.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Scotiabank set a $120.00 target price on shares of Duolingo in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Duolingo presently has an average rating of “Hold” and a consensus target price of $132.65.

Get Our Latest Research Report on DUOL

Duolingo Profile

(Free Report)

Duolingo, Inc (NASDAQ:DUOL) is a technology-driven education company that operates a widely used language-learning platform. Founded in 2011 by Luis von Ahn and Severin Hacker, Duolingo offers a freemium service featuring bite-sized lessons, gamified exercises and adaptive learning algorithms. The company’s core product is its mobile and web application, which supports instruction in more than 40 languages, ranging from widely spoken tongues such as English and Spanish to lesser-taught options including Irish and Swahili.

In addition to its flagship language courses, Duolingo has expanded its product suite to include the Duolingo English Test, an on-demand, computer-based English proficiency exam designed for academic and professional admissions.