Duolingo, Inc. $DUOL Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Trims Stake

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its holdings in Duolingo, Inc. (NASDAQ:DUOL) by 35.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,615 shares of the company’s stock after selling 3,660 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Duolingo were worth $942,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Childress Capital Advisors LLC raised its holdings in Duolingo by 5.3% in the 3rd quarter. Childress Capital Advisors LLC now owns 1,925 shares of the company’s stock valued at $274,000 after acquiring an additional 97 shares during the period. Versant Capital Management Inc increased its holdings in shares of Duolingo by 73.4% during the third quarter. Versant Capital Management Inc now owns 267 shares of the company’s stock worth $38,000 after purchasing an additional 113 shares during the period. Root Financial Partners LLC raised its position in shares of Duolingo by 194.1% in the first quarter. Root Financial Partners LLC now owns 250 shares of the company’s stock valued at $25,000 after buying an additional 165 shares in the last quarter. Rathbones Group PLC boosted its stake in shares of Duolingo by 2.9% in the first quarter. Rathbones Group PLC now owns 7,460 shares of the company’s stock valued at $735,000 after buying an additional 211 shares during the period. Finally, Crossmark Global Holdings Inc. boosted its stake in shares of Duolingo by 8.3% in the third quarter. Crossmark Global Holdings Inc. now owns 2,933 shares of the company’s stock valued at $418,000 after buying an additional 224 shares during the period. 91.59% of the stock is owned by institutional investors.

More Duolingo News

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Duolingo’s Q3 revenue beat expectations, while daily active users grew about 29% year over year and paid subscribers rose 14%. Management also raised its full-year revenue outlook and forecast Q4 bookings growth, supporting the longer-term growth case. Duolingo results and outlook
• Positive Sentiment: CEO commentary on monetizing while protecting the free-user experience may reassure investors concerned that stronger ads or paid features could undermine engagement. CEO on monetization and free users
• Neutral Sentiment: Truist raised its price target to $170 but kept a Hold rating, reflecting improved expectations while signaling limited conviction after the recent rebound. Analyst updates
• Negative Sentiment: Q3 EPS came in below consensus, and bookings growth lagged the increase in daily users. That gap raises questions about how quickly Duolingo can convert engagement into revenue and profits; valuation concerns may also weigh after the recent surge. Duolingo valuation analysis
• Negative Sentiment: Several law firms publicized a securities class action alleging misleading statements during May 2025–February 2026. The claims are allegations, not findings, but the litigation adds uncertainty. Class action notice
• Negative Sentiment: Two insiders reported stock sales. Both transactions were made under pre-arranged Rule 10b5-1 plans, which may temper the signal, but insider selling can still add to cautious sentiment. SEC insider-sale filing

Insider Buying and Selling

In other Duolingo news, General Counsel Stephen C. Chen sold 3,700 shares of the stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $175.00, for a total transaction of $647,500.00. Following the completion of the sale, the general counsel directly owned 40,069 shares in the company, valued at approximately $7,012,075. This trade represents a 8.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Luis van Ahn sold 110,046 shares of the business’s stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $151.70, for a total value of $16,693,978.20. Following the completion of the transaction, the chief executive officer directly owned 110,046 shares in the company, valued at $16,693,978.20. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 264,440 shares of company stock valued at $39,697,193. Insiders own 16.62% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Needham & Company LLC upped their target price on Duolingo from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday. The Goldman Sachs Group set a $128.00 price objective on shares of Duolingo in a research report on Wednesday. UBS Group raised their target price on shares of Duolingo from $150.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday. Compass Point started coverage on shares of Duolingo in a report on Tuesday, August 18th. They set a “buy” rating for the company. Finally, DA Davidson set a $180.00 price objective on shares of Duolingo in a research note on Wednesday. Eight analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $145.62.

Duolingo Stock Down 2.6%

Shares of NASDAQ DUOL opened at $157.02 on Friday. The company has a 50 day simple moving average of $145.28 and a 200 day simple moving average of $124.17. The firm has a market cap of $7.35 billion, a PE ratio of 51.82, a price-to-earnings-growth ratio of 1.30 and a beta of 1.08. Duolingo, Inc. has a 1 year low of $87.89 and a 1 year high of $213.37. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.75 and a quick ratio of 2.72.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.03). The business had revenue of $309.01 million during the quarter, compared to analyst estimates of $303.20 million. Duolingo had a net margin of 12.33% and a return on equity of 10.35%. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the company posted $5.95 earnings per share. On average, research analysts forecast that Duolingo, Inc. will post 2.65 EPS for the current year.

About Duolingo

Duolingo, Inc develops technology-based learning products designed to make education accessible and engaging. Its flagship Duolingo mobile and web platform offers gamified courses in languages including Spanish, English, French, German and Japanese, among others. Lessons incorporate interactive exercises, personalized practice and achievement-based features intended to support regular learning.

The company also operates the Duolingo English Test, an online English-proficiency assessment that can be taken remotely and is accepted by educational institutions and other organizations.