Wedmont Private Capital Takes Position in Duolingo, Inc. $DUOL

Posted by Brian Himes on Sep 11th, 2026

Wedmont Private Capital acquired a new position in shares of Duolingo, Inc. (NASDAQ:DUOL – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,485 shares of the company’s stock, valued at approximately $435,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DUOL. NewEdge Advisors LLC raised its stake in Duolingo by 1,868.2% during the 1st quarter. NewEdge Advisors LLC now owns 433 shares of the company’s stock valued at $134,000 after acquiring an additional 411 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Duolingo by 123.9% during the first quarter. Goldman Sachs Group Inc. now owns 87,556 shares of the company’s stock valued at $27,190,000 after purchasing an additional 48,451 shares during the period. Focus Partners Wealth raised its stake in shares of Duolingo by 28.3% during the first quarter. Focus Partners Wealth now owns 2,021 shares of the company’s stock valued at $628,000 after purchasing an additional 446 shares in the last quarter. Amundi lifted its holdings in Duolingo by 142.1% in the second quarter. Amundi now owns 26,075 shares of the company’s stock worth $10,352,000 after purchasing an additional 15,306 shares during the period. Finally, Gabelli Funds LLC acquired a new stake in Duolingo in the second quarter worth about $205,000. 91.59% of the stock is owned by institutional investors.

Trending Headlines about Duolingo

Here are the key news stories impacting Duolingo this week:

Positive Sentiment: Duolingo received substantial publicity after Apple named its new foldable iPhone “iPhone Duo.” Duolingo’s playful social-media response, including exchanges with Samsung, generated widespread coverage and meme activity. The free exposure could strengthen brand awareness and user engagement, although it has no immediate quantified financial impact. iPhone Duo Memes: The Duolingo Owl Is Hooting Mad That Apple Stole His Name
Positive Sentiment: The company is also extending its brand into consumer products through a collaboration involving Hermès-related language and merchandise, potentially supporting broader marketing reach and monetization opportunities. Can’t pronounce Hermès? Duolingo has something you can wear
Neutral Sentiment: Reported short interest was listed at zero shares as of September 10, unchanged from a zero-share figure on August 26. Because the data appears inconsistent with normal market reporting, it provides little useful insight into near-term trading pressure.
Neutral Sentiment: Director William B. Gordon sold 10,000 shares for approximately $1.46 million, reducing his ownership by 12.75%. The sale was made under a pre-arranged Rule 10b5-1 plan, which lessens its significance as a discretionary bearish signal. SEC insider transaction filing
Negative Sentiment: A widely circulated account from a CEO claiming ChatGPT taught him Spanish more effectively than Duolingo highlights continuing competitive concerns from generative-AI tools. While anecdotal, such commentary could pressure investor views of Duolingo’s long-term differentiation. CEO says ChatGPT taught him more Spanish than Duolingo

Duolingo Stock Up 4.3%

NASDAQ DUOL opened at $145.16 on Friday. Duolingo, Inc. has a 12 month low of $87.89 and a 12 month high of $353.00. The company has a market capitalization of $6.79 billion, a P/E ratio of 17.20, a PEG ratio of 1.14 and a beta of 0.89. The company’s 50 day simple moving average is $137.40 and its 200 day simple moving average is $117.84. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.72 and a quick ratio of 2.72.

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on DUOL. Bank of America downgraded shares of Duolingo from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $103.00 to $93.00 in a research report on Tuesday, August 4th. Craig Hallum cut Duolingo to a “hold” rating in a report on Tuesday, August 18th. KeyCorp upgraded Duolingo from a “hold” rating to an “overweight” rating in a research report on Tuesday, August 18th. Evercore set a $105.00 price target on Duolingo in a research note on Thursday, August 6th. Finally, Susquehanna began coverage on Duolingo in a research report on Tuesday, August 18th. They set a “positive” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fourteen have assigned a Hold rating and one has given 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 $124.38.

Read Our Latest Research Report on DUOL

Insider Buying and Selling

In other news, Director William B. Gordon sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $145.67, for a total transaction of $1,456,700.00. Following the sale, the director directly owned 68,415 shares of the company’s stock, valued at $9,966,013.05. The trade was a 12.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Meese sold 1,354 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $129.13, for a total value of $174,842.02. Following the sale, the insider directly owned 169,391 shares of the company’s stock, valued at approximately $21,873,459.83. This 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 have sold a total of 16,668 shares of company stock worth $2,331,082 over the last quarter. 16.62% of the stock is currently owned by insiders.

About Duolingo

(Free Report)

Duolingo, Inc develops digital learning products designed to make education accessible through mobile devices and the web. Its primary product is the Duolingo language-learning platform, which offers courses in numerous languages through interactive, game-like lessons, practice exercises and personalized learning features.

The company also provides the Duolingo English Test, an online English-proficiency assessment used by educational institutions and other organizations. In addition, Duolingo has expanded beyond language learning with products such as Duolingo Math and Duolingo Music, while offering premium subscription features through plans including Super Duolingo and Duolingo Max.

Duolingo serves users internationally, with its applications and online services available across a broad range of geographies.