Police & Firemen s Retirement System of New Jersey Acquires 756 Shares of Duolingo, Inc. $DUOL

Police & Firemen s Retirement System of New Jersey lifted its holdings in Duolingo, Inc. (NASDAQ:DUOL) by 5.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,371 shares of the company’s stock after acquiring an additional 756 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Duolingo were worth $5,892,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. T. Rowe Price Investment Management Inc. grew its position in shares of Duolingo by 110.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock worth $307,716,000 after purchasing an additional 520,069 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Duolingo by 24.1% in the first quarter. Invesco Ltd. now owns 1,346,278 shares of the company’s stock valued at $418,073,000 after buying an additional 261,212 shares during the period. Nuveen LLC acquired a new stake in Duolingo during the first quarter worth approximately $42,950,000. 1832 Asset Management L.P. increased its stake in Duolingo by 746.9% during the 1st quarter. 1832 Asset Management L.P. now owns 137,200 shares of the company’s stock worth $42,606,000 after acquiring an additional 121,000 shares during the period. Finally, AQR Capital Management LLC raised its holdings in Duolingo by 123.8% in the 1st quarter. AQR Capital Management LLC now owns 201,692 shares of the company’s stock valued at $61,478,000 after acquiring an additional 111,589 shares in the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.

Insider Buying and Selling

In related news, insider Natalie Glance sold 3,283 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $312.30, for a total value of $1,025,280.90. Following the sale, the insider directly owned 116,171 shares in the company, valued at $36,280,203.30. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Matthew Skaruppa sold 10,937 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $317.39, for a total transaction of $3,471,294.43. Following the completion of the transaction, the chief financial officer owned 43,345 shares in the company, valued at $13,757,269.55. This trade represents a 20.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 75,735 shares of company stock valued at $22,998,736 over the last 90 days. 15.67% of the stock is owned by corporate insiders.

Duolingo Price Performance

Shares of DUOL opened at $185.07 on Friday. The business has a 50-day simple moving average of $288.39 and a two-hundred day simple moving average of $370.38. Duolingo, Inc. has a 12-month low of $182.00 and a 12-month high of $544.93. The stock has a market cap of $8.56 billion, a PE ratio of 23.46, a PEG ratio of 1.18 and a beta of 0.83. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.07.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $5.23. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. 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 business earned $0.49 EPS. The firm’s quarterly revenue was up 41.1% on a year-over-year basis. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts anticipate that Duolingo, Inc. will post 2.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DUOL has been the topic of a number of recent analyst reports. The Goldman Sachs Group decreased their price target on Duolingo from $425.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Scotiabank cut their price target on shares of Duolingo from $600.00 to $300.00 and set a “sector outperform” rating for the company in a report on Thursday, November 6th. Baird R W upgraded shares of Duolingo to a “hold” rating in a research report on Friday, September 5th. UBS Group decreased their price target on Duolingo from $500.00 to $450.00 and set a “buy” rating on the stock in a research note on Monday, October 20th. Finally, Needham & Company LLC dropped their price objective on Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Duolingo currently has a consensus rating of “Hold” and an average target price of $340.53.

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.