Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires Shares of 27,950 Duolingo, Inc. $DUOL

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Duolingo, Inc. (NASDAQ:DUOL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 27,950 shares of the company’s stock, valued at approximately $4,905,000.

A number of other large investors also recently modified their holdings of DUOL. GSA Capital Partners LLP acquired a new stake in shares of Duolingo in the fourth quarter valued at approximately $1,041,000. North Dakota State Investment Board acquired a new position in Duolingo during the 4th quarter worth $233,000. DNB Asset Management AS boosted its position in Duolingo by 29.9% in the 4th quarter. DNB Asset Management AS now owns 1,570 shares of the company’s stock valued at $276,000 after buying an additional 361 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its stake in shares of Duolingo by 1.2% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 8,953 shares of the company’s stock valued at $1,571,000 after buying an additional 105 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Duolingo by 3,045.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 46,056 shares of the company’s stock valued at $8,083,000 after buying an additional 44,592 shares during the period. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Duolingo

Here are the key news stories impacting Duolingo this week:

• Neutral Sentiment: Duolingo’s General Counsel Stephen Chen, along with other insiders including Robert Meese and Natalie Glance, sold shares in recent transactions. The company said these sales were made under pre-arranged 10b5-1 plans and to cover tax withholding obligations tied to equity awards, which makes them less concerning than discretionary selling, but they can still weigh on investor sentiment. Article Title
• Neutral Sentiment: Duolingo reported solid first-quarter results earlier this month, beating earnings and revenue estimates and posting 26.5% year-over-year revenue growth. That supports the long-term story, but it may not be enough to offset recent concerns about valuation and the stock’s sharp pullback from its highs.
• Neutral Sentiment: Duolingo is also selling its East Liberty headquarters and consolidating operations in a nearby tower, suggesting a real estate and office footprint shift rather than a fundamental business issue. Investors may view this as cost management, but it is not a major growth catalyst. Article Title

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DUOL shares. Citigroup reaffirmed a “neutral” rating and set a $101.00 price target (down from $270.00) on shares of Duolingo in a research note on Friday, February 27th. DA Davidson lifted their price objective on Duolingo from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial cut Duolingo from a “buy” rating to a “hold” rating and set a $100.00 price objective for the company. in a report on Friday, February 27th. Weiss Ratings downgraded shares of Duolingo from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research raised shares of Duolingo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $195.94.

Insider Buying and Selling

In other news, insider Robert Meese sold 1,420 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $112.16, for a total value of $159,267.20. Following the completion of the sale, the insider directly owned 170,745 shares of the company’s stock, valued at $19,150,759.20. This represents a 0.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James H. Shelton purchased 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of $99.76 per share, for a total transaction of $498,800.00. Following the completion of the transaction, the director directly owned 9,632 shares in the company, valued at $960,888.32. This trade represents a 107.94% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 9,506 shares of company stock valued at $1,073,864 over the last 90 days. 16.62% of the stock is owned by corporate insiders.

Duolingo Stock Performance

DUOL stock opened at $106.82 on Thursday. Duolingo, Inc. has a twelve month low of $87.89 and a twelve month high of $540.30. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 0.07. The company has a market cap of $4.98 billion, a P/E ratio of 12.29, a price-to-earnings-growth ratio of 0.86 and a beta of 0.90. The business’s fifty day moving average is $101.27 and its 200-day moving average is $140.51.

Duolingo (NASDAQ:DUOL) last released its quarterly earnings data on Monday, May 4th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.10. Duolingo had a return on equity of 14.07% and a net margin of 38.44%.The business had revenue of $291.97 million during the quarter, compared to the consensus estimate of $288.60 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. The firm’s revenue was up 26.5% on a year-over-year basis. Equities research analysts forecast that Duolingo, Inc. will post 2.84 EPS for the current year.

Duolingo Profile

Duolingo, Inc (NASDAQ:DUOL) is a technology-driven education company that operates a widely used language-learning platform. Founded in 2011 by Luis von Ahn and Severin Hacker, Duolingo offers a freemium service featuring bite-sized lessons, gamified exercises and adaptive learning algorithms. The company’s core product is its mobile and web application, which supports instruction in more than 40 languages, ranging from widely spoken tongues such as English and Spanish to lesser-taught options including Irish and Swahili.

In addition to its flagship language courses, Duolingo has expanded its product suite to include the Duolingo English Test, an on-demand, computer-based English proficiency exam designed for academic and professional admissions.