Severin Hacker Sells 10,000 Shares of Duolingo (NASDAQ:DUOL) Stock

Duolingo, Inc. (NASDAQ:DUOL) insider Severin Hacker sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $263.13, for a total transaction of $2,631,300.00. Following the sale, the insider owned 72 shares of the company’s stock, valued at $18,945.36. This trade represents a 99.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Severin Hacker also recently made the following trade(s):

• On Monday, October 20th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $314.72, for a total value of $3,147,200.00.
• On Monday, October 6th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $321.63, for a total value of $3,216,300.00.
• On Friday, September 19th, Severin Hacker sold 10,000 shares of Duolingo stock. The shares were sold at an average price of $288.94, for a total value of $2,889,400.00.
• On Friday, September 5th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $268.55, for a total value of $2,685,500.00.
• On Tuesday, August 19th, Severin Hacker sold 10,000 shares of Duolingo stock. The stock was sold at an average price of $344.56, for a total value of $3,445,600.00.

Duolingo Stock Up 3.9%

DUOL opened at $201.21 on Friday. The business has a 50 day moving average of $297.76 and a 200-day moving average of $376.65. The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 25.50, a P/E/G ratio of 1.28 and a beta of 0.83. The company has a current ratio of 2.81, a quick ratio of 2.81 and a debt-to-equity ratio of 0.07. Duolingo, Inc. has a 1-year low of $182.00 and a 1-year high of $544.93.

Duolingo (NASDAQ:DUOL) last announced 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 for the quarter, compared to analyst estimates of $260.14 million. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. Duolingo’s revenue was up 41.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Analyst Ratings Changes

DUOL has been the subject of a number of research analyst reports. KeyCorp lowered shares of Duolingo from an “overweight” rating to a “sector weight” rating in a research report on Thursday. Citizens Jmp lowered Duolingo from a “market outperform” rating to a “hold” rating in a research note on Thursday. Needham & Company LLC cut their price target on Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a report on Thursday. Barclays reduced their price objective on Duolingo from $390.00 to $230.00 and set an “equal weight” rating for the company in a research report on Thursday. Finally, Zacks Research cut Duolingo from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Ten equities 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $340.53.

Institutional Investors Weigh In On Duolingo

A number of large investors have recently bought and sold shares of DUOL. Bank of New York Mellon Corp raised its position in Duolingo by 0.4% in the 1st quarter. Bank of New York Mellon Corp now owns 431,464 shares of the company’s stock valued at $133,987,000 after purchasing an additional 1,506 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of Duolingo by 1.2% in the first quarter. Crossmark Global Holdings Inc. now owns 2,942 shares of the company’s stock valued at $914,000 after buying an additional 34 shares in the last quarter. M&T Bank Corp increased its stake in shares of Duolingo by 26.3% in the first quarter. M&T Bank Corp now owns 2,129 shares of the company’s stock valued at $661,000 after buying an additional 443 shares in the last quarter. New Mexico Educational Retirement Board raised its holdings in shares of Duolingo by 8.1% in the first quarter. New Mexico Educational Retirement Board now owns 8,000 shares of the company’s stock valued at $2,484,000 after buying an additional 600 shares during the last quarter. Finally, Steadview Capital Management LLC lifted its position in Duolingo by 68.2% during the 1st quarter. Steadview Capital Management LLC now owns 127,850 shares of the company’s stock worth $39,703,000 after buying an additional 51,850 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors.

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.