Duolingo, Inc. $DUOL is Carnegie Mellon University’s Largest Position

Carnegie Mellon University trimmed its stake in shares of Duolingo, Inc. (NASDAQ:DUOL) by 4.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 294,814 shares of the company’s stock after selling 15,000 shares during the quarter. Duolingo accounts for approximately 78.2% of Carnegie Mellon University’s portfolio, making the stock its largest position. Carnegie Mellon University’s holdings in Duolingo were worth $120,880,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kiker Wealth Management LLC purchased a new stake in shares of Duolingo during the second quarter valued at approximately $31,000. Rise Advisors LLC boosted its position in Duolingo by 43.6% during the 1st quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after buying an additional 24 shares during the period. Summit Securities Group LLC bought a new stake in Duolingo in the 1st quarter worth $28,000. Brooklyn Investment Group increased its position in shares of Duolingo by 4,750.0% in the first quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 95 shares during the period. Finally, Emerald Mutual Fund Advisers Trust purchased a new position in shares of Duolingo in the second quarter valued at about $40,000. Institutional investors own 91.59% of the company’s stock.

Insider Activity at Duolingo

In related news, CFO Matthew Skaruppa sold 10,937 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $317.39, for a total transaction of $3,471,294.43. Following the sale, the chief financial officer owned 43,345 shares of the company’s stock, valued at $13,757,269.55. The trade was a 20.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Natalie Glance sold 3,283 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $312.30, for a total transaction of $1,025,280.90. Following the transaction, the insider directly owned 116,171 shares of the company’s stock, valued at $36,280,203.30. This represents a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 83,791 shares of company stock valued at $25,649,401 in the last three months. Company insiders own 15.67% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. UBS Group cut their target price on Duolingo from $500.00 to $450.00 and set a “buy” rating on the stock in a research note on Monday, October 20th. Citizens Jmp lowered Duolingo from a “market outperform” rating to a “hold” rating in a research report on Thursday. Evercore ISI set a $330.00 target price on Duolingo and gave the company an “outperform” rating in a research note on Thursday. Wells Fargo & Company dropped their price target on Duolingo from $239.00 to $185.00 and set an “underweight” rating for the company in a research note on Thursday. Finally, Wall Street Zen cut shares of Duolingo from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Duolingo presently has a consensus rating of “Hold” and an average price target of $340.53.

Duolingo Trading Up 3.9%

NASDAQ DUOL opened at $201.21 on Friday. The firm has a market capitalization of $9.22 billion, a PE ratio of 25.50, a P/E/G ratio of 1.28 and a beta of 0.83. The stock’s 50 day moving average is $297.76 and its 200 day moving average is $376.65. Duolingo, Inc. has a twelve month low of $182.00 and a twelve month high of $544.93. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.07.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 EPS for the quarter, beating the consensus estimate of $0.72 by $5.23. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The business had revenue of $271.71 million during the quarter, compared to analyst estimates of $260.14 million. During the same quarter last year, the firm posted $0.49 earnings per share. The company’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. Research analysts forecast that Duolingo, Inc. will post 2.03 earnings per share for the current fiscal year.

Duolingo Company Profile

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.