Duolingo (NASDAQ:DUOL) Insider Natalie Glance Sells 2,471 Shares

Duolingo, Inc. (NASDAQ:DUOL) insider Natalie Glance sold 2,471 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $175.79, for a total transaction of $434,377.09. Following the completion of the sale, the insider owned 111,166 shares of the company’s stock, valued at approximately $19,541,871.14. The trade was a 2.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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 value of $434,377.09.
• On Monday, November 17th, Natalie Glance sold 2,534 shares of Duolingo stock. The shares were sold at an average price of $177.95, for a total value of $450,925.30.
• On Wednesday, October 1st, Natalie Glance sold 3,283 shares of Duolingo stock. The stock was sold at an average price of $312.30, for a total value of $1,025,280.90.

Duolingo Trading Down 0.6%

NASDAQ DUOL traded down $0.97 on Wednesday, reaching $174.48. 2,108,565 shares of the company were exchanged, 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. The business’s fifty day moving average price is $284.57 and its 200 day moving average price is $366.40. The stock has a market capitalization of $8.07 billion, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 1.13 and a beta of 0.83. Duolingo, Inc. has a fifty-two week low of $168.84 and a fifty-two week high of $544.93.

Duolingo (NASDAQ:DUOL) last issued its earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $5.23. The business had revenue of $271.71 million during the quarter, compared to the consensus estimate of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The company’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same period last year, the company earned $0.49 EPS. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts forecast that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Dragoneer Investment Group LLC boosted its holdings in Duolingo by 324.4% during the 3rd quarter. Dragoneer Investment Group LLC now owns 1,580,787 shares of the company’s stock valued at $508,760,000 after acquiring an additional 1,208,346 shares during the period. Baillie Gifford & Co. lifted its position in shares of Duolingo by 28.6% during the third quarter. Baillie Gifford & Co. now owns 2,827,834 shares of the company’s stock worth $910,110,000 after purchasing an additional 628,943 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Duolingo by 110.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock valued at $307,716,000 after purchasing an additional 520,069 shares during the period. Norges Bank purchased a new position in shares of Duolingo in the second quarter valued at approximately $192,965,000. Finally, Balyasny Asset Management L.P. grew its holdings in shares of Duolingo by 22,970.4% in the third quarter. Balyasny Asset Management L.P. now owns 415,268 shares of the company’s stock valued at $133,650,000 after purchasing an additional 413,468 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Zacks Research lowered shares of Duolingo from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Baird R W raised shares of Duolingo to a “hold” rating in a research report on Friday, September 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Duolingo in a report on Thursday, November 13th. Raymond James Financial reissued a “market perform” rating on shares of Duolingo in a research note on Tuesday, August 26th. Finally, Barclays decreased their price target on Duolingo from $390.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Duolingo has a consensus rating of “Hold” and an average target price of $340.53.

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.