Eurizon Capital SGR S.p.A. bought a new stake in Duolingo, Inc. (NASDAQ:DUOL – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,589 shares of the company’s stock, valued at approximately $2,561,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Citigroup Inc. lifted its position in shares of Duolingo by 31.8% in the third quarter. Citigroup Inc. now owns 259,666 shares of the company’s stock valued at $83,571,000 after acquiring an additional 62,614 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of Duolingo by 967.3% in the third quarter. Intech Investment Management LLC now owns 48,926 shares of the company’s stock valued at $15,746,000 after acquiring an additional 44,342 shares in the last quarter. Baillie Gifford & Co. lifted its position in shares of Duolingo by 71.9% in the fourth quarter. Baillie Gifford & Co. now owns 4,861,445 shares of the company’s stock valued at $853,184,000 after acquiring an additional 2,033,611 shares in the last quarter. Mitchell Capital Management Co. purchased a new position in shares of Duolingo in the third quarter valued at approximately $4,589,000. Finally, GF Fund Management CO. LTD. purchased a new position in shares of Duolingo in the third quarter valued at approximately $6,366,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.
Insider Buying and Selling at Duolingo
In other Duolingo news, insider Natalie Glance sold 3,360 shares of Duolingo stock in a transaction on Monday, May 18th. The stock was sold at an average price of $113.59, for a total value of $381,662.40. Following the sale, the insider owned 173,401 shares in the company, valued at $19,696,619.59. The trade was a 1.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Stephen C. Chen sold 1,977 shares of Duolingo stock in a transaction on Monday, May 18th. The shares were sold at an average price of $113.61, for a total value of $224,606.97. Following the completion of the sale, the general counsel owned 52,807 shares in the company, valued at $5,999,403.27. This represents a 3.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 9,506 shares of company stock worth $1,073,864 over the last quarter. 16.62% of the stock is currently owned by company insiders.
Duolingo Stock Performance
Duolingo (NASDAQ:DUOL – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.89 EPS for the quarter, topping 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 firm had revenue of $291.97 million for the quarter, compared to the consensus estimate of $288.60 million. During the same quarter last year, the business posted $0.72 earnings per share. The firm’s revenue was up 26.5% compared to the same quarter last year. On average, research analysts predict that Duolingo, Inc. will post 2.84 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Scotiabank reiterated a “sector perform” rating and set a $100.00 price objective (down from $300.00) on shares of Duolingo in a research report on Friday, February 27th. JPMorgan Chase & Co. lifted their price objective on Duolingo from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial downgraded Duolingo from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a research report on Friday, February 27th. Bank of America reiterated a “neutral” rating and set a $100.00 price objective on shares of Duolingo in a research report on Friday, February 27th. Finally, Evercore set a $97.00 price objective on Duolingo in a research report on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $195.94.
Check Out Our Latest Stock Report on Duolingo
Trending Headlines about Duolingo
Here are the key news stories impacting Duolingo this week:
- Neutral Sentiment: Duolingo generated attention for new consumer features, including a way for users to restore a lost streak, which may help engagement and retention but does not directly change the company’s financial outlook. Duolingo is giving you a chance to get your streak back.
- Neutral Sentiment: Several other outlets highlighted the same streak-restoration feature and “most requested feature” rollout, reinforcing product momentum but offering limited immediate stock impact. Lost Your Duolingo Streak? There’s Finally a Way to Get It Back
- Neutral Sentiment: Media commentary questioned Duolingo’s marketing priorities, but this appears more like opinion coverage than a direct business catalyst. Mark Ritson: Duolingo stupid to prioritize influencers over its unhinged owl
- Negative Sentiment: Investors remain concerned that Duolingo’s revenue growth may be slowing while the company increases spending on AI and product initiatives, potentially pressuring margins and earnings. Duolingo shares slide 7.1% as investors refocus on slowing growth metrics and margin pressure
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.
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