Fulcrum Asset Management LLP grew its holdings in Duolingo, Inc. (NASDAQ:DUOL – Free Report) by 4,167.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,505 shares of the company’s stock after acquiring an additional 5,376 shares during the period. Fulcrum Asset Management LLP’s holdings in Duolingo were worth $785,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in DUOL. Heritage Family Offices LLP acquired a new position in shares of Duolingo during the 3rd quarter worth $27,000. Provenance Wealth Advisors LLC bought a new position in shares of Duolingo during the 3rd quarter valued at $30,000. Versant Capital Management Inc raised its holdings in shares of Duolingo by 73.4% during the 3rd quarter. Versant Capital Management Inc now owns 267 shares of the company’s stock valued at $38,000 after purchasing an additional 113 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Duolingo during the 2nd quarter valued at $34,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Duolingo in the 3rd quarter valued at $47,000. 91.59% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on DUOL. UBS Group upped their price objective on shares of Duolingo from $150.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 4th. Compass Point assumed coverage on Duolingo in a report on Tuesday, August 18th. They set a “buy” rating on the stock. Craig Hallum lowered Duolingo to a “hold” rating in a report on Tuesday, August 18th. JPMorgan Chase & Co. boosted their price target on Duolingo from $135.00 to $155.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 4th. Finally, Barclays upped their price target on Duolingo from $115.00 to $133.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 4th. Eight analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $148.75.
Check Out Our Latest Research Report on Duolingo
Trending Headlines about Duolingo
These are some of the DUOL headlines that stood out recently:
- Positive Sentiment: Jefferies reportedly raised its price target on DUOL, a potentially supportive analyst signal; the available report does not specify the new target or rationale. Duolingo stock gets price target bump from Jefferies
- Neutral Sentiment: CEO Luis von Ahn said the app’s “passive-aggressive” reminders work, underscoring Duolingo’s engagement-driven approach. That could support retention, though the same design tactics are drawing regulatory attention. Duolingo CEO on reminders
- Negative Sentiment: The EU’s proposed Digital Fairness Act could scrutinize app practices such as Duolingo’s streaks and autoplay. If rules restrict engagement features, the company could face product changes or compliance costs; the proposal is not yet an enacted law. EU proposal and Duolingo features
Insider Activity
In related news, Director William B. Gordon sold 10,000 shares of Duolingo stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $136.38, for a total value of $1,363,800.00. Following the transaction, the director owned 58,415 shares in the company, valued at $7,966,637.70. This trade represents a 14.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Natalie Glance sold 1,539 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $137.80, for a total transaction of $212,074.20. Following the transaction, the insider directly owned 169,111 shares of the company’s stock, valued at approximately $23,303,495.80. This represents a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders sold a total of 264,440 shares of company stock valued at $39,697,193 in the last quarter. 16.62% of the stock is currently owned by corporate insiders.
Duolingo Trading Down 4.1%
Shares of DUOL stock opened at $157.42 on Friday. Duolingo, Inc. has a 12 month low of $87.89 and a 12 month high of $213.37. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $146.04 and its two-hundred day moving average is $124.35. The company has a market cap of $7.37 billion, a PE ratio of 51.95, a price-to-earnings-growth ratio of 1.29 and a beta of 1.08.
Duolingo (NASDAQ:DUOL – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.03). Duolingo had a net margin of 12.33% and a return on equity of 10.35%. The firm had revenue of $309.01 million during the quarter, compared to the consensus estimate of $303.20 million. During the same period in the prior year, the business earned $5.95 EPS. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. Equities analysts predict that Duolingo, Inc. will post 2.72 EPS for the current year.
About Duolingo
Duolingo, Inc. is an educational technology company best known for its mobile and web-based language-learning platform. The app offers courses in numerous languages and uses interactive lessons, practice activities and game-like features to help learners build skills. Founded in 2011 by Luis von Ahn and Severin Hacker, the company is headquartered in Pittsburgh, Pennsylvania, and serves learners around the world. Its products also include the Duolingo English Test, an online English-proficiency assessment, and learning apps focused on subjects such as math and music.
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