Duolingo (NASDAQ:DUOL) Insider Natalie Glance Sells 1,741 Shares

Duolingo, Inc. (NASDAQ:DUOL) insider Natalie Glance sold 1,741 shares of Duolingo stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $110.06, for a total transaction of $191,614.46. Following the sale, the insider owned 118,925 shares of the company’s stock, valued at approximately $13,088,885.50. This represents a 1.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Natalie Glance also recently made the following trade(s):

• On Wednesday, February 18th, Natalie Glance sold 3,545 shares of Duolingo stock. The stock was sold at an average price of $113.51, for a total transaction of $402,392.95.

Duolingo Price Performance

Shares of DUOL stock opened at $111.11 on Friday. Duolingo, Inc. has a 52-week low of $107.16 and a 52-week high of $544.93. The stock has a market cap of $5.14 billion, a PE ratio of 14.08, a PEG ratio of 0.60 and a beta of 0.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.82 and a current ratio of 2.82. The firm’s 50 day moving average price is $153.74 and its two-hundred day moving average price is $234.80.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on DUOL shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Duolingo in a research note on Monday, December 29th. Needham & Company LLC decreased their target price on Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. BMO Capital Markets raised shares of Duolingo to a “buy” rating in a research note on Monday, January 12th. Wells Fargo & Company decreased their price objective on shares of Duolingo from $185.00 to $160.00 and set an “underweight” rating for the company in a report on Thursday, January 8th. Finally, Jefferies Financial Group upped their target price on shares of Duolingo from $210.00 to $220.00 and gave the company a “hold” rating in a research note on Thursday, December 11th. Eleven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $292.37.

Institutional Trading of Duolingo

Large investors have recently bought and sold shares of the business. Alpine Woods Capital Investors LLC acquired a new stake in Duolingo during the 4th quarter worth approximately $333,000. Vident Advisory LLC increased its position in shares of Duolingo by 5.8% during the fourth quarter. Vident Advisory LLC now owns 2,647 shares of the company’s stock worth $465,000 after acquiring an additional 145 shares in the last quarter. Cim LLC raised its holdings in shares of Duolingo by 6.0% during the fourth quarter. Cim LLC now owns 4,390 shares of the company’s stock worth $770,000 after acquiring an additional 248 shares during the period. Empowered Funds LLC acquired a new stake in shares of Duolingo during the fourth quarter worth $331,000. Finally, Wellington Management Group LLP lifted its position in Duolingo by 1.7% in the 4th quarter. Wellington Management Group LLP now owns 25,404 shares of the company’s stock valued at $4,458,000 after acquiring an additional 431 shares in the last quarter. 91.59% of the stock is owned by institutional investors.

About Duolingo

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.