Vanguard Group Inc. raised its stake in Duolingo, Inc. (NASDAQ:DUOL – Free Report) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,647,951 shares of the company’s stock after buying an additional 116,135 shares during the period. Vanguard Group Inc. owned 8.03% of Duolingo worth $1,495,733,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kiker Wealth Management LLC acquired a new stake in shares of Duolingo during the 2nd quarter valued at $31,000. Rise Advisors LLC raised its position in Duolingo by 43.6% in the first quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after purchasing an additional 24 shares during the last quarter. Summit Securities Group LLC acquired a new stake in shares of Duolingo during the first quarter valued at about $28,000. Brooklyn Investment Group grew its holdings in shares of Duolingo by 4,750.0% during the first quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 95 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust acquired a new position in shares of Duolingo in the second quarter valued at approximately $40,000. Institutional investors own 91.59% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently commented on DUOL shares. UBS Group cut their target price on shares of Duolingo from $500.00 to $450.00 and set a “buy” rating on the stock in a research report on Monday, October 20th. The Goldman Sachs Group dropped their price target on shares of Duolingo from $425.00 to $250.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. JPMorgan Chase & Co. reduced their price objective on shares of Duolingo from $465.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Needham & Company LLC decreased their price objective on Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Finally, Scotiabank lowered their target price on Duolingo from $600.00 to $300.00 and set a “sector outperform” rating for the company in a research report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Duolingo currently has a consensus rating of “Hold” and a consensus target price of $340.53.
Duolingo Trading Up 2.8%
DUOL opened at $172.78 on Friday. Duolingo, Inc. has a twelve month low of $166.27 and a twelve month high of $544.93. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average of $276.81 and a 200-day moving average of $360.55. The stock has a market cap of $7.99 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 1.09 and a beta of 0.83.
Duolingo (NASDAQ:DUOL – Get Free Report) last released its earnings results 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. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. The business had revenue of $271.71 million for the quarter, compared to analyst estimates of $260.14 million. During the same quarter in the previous year, the business earned $0.49 earnings per share. Duolingo’s revenue for the quarter was up 41.1% on a year-over-year basis. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that Duolingo, Inc. will post 2.03 EPS for the current year.
Insider Activity at Duolingo
In other Duolingo news, insider Severin Hacker sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $172.74, for a total value of $1,727,400.00. Following the transaction, the insider directly owned 72 shares of the company’s stock, valued at approximately $12,437.28. The trade was a 99.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Natalie Glance sold 2,471 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $175.79, for a total value of $434,377.09. Following the transaction, the insider owned 111,166 shares in the company, valued at $19,541,871.14. The trade was a 2.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 98,904 shares of company stock worth $25,379,787 over the last quarter. 15.67% of the stock is owned by company insiders.
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.
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