Duolingo, Inc. (NASDAQ:DUOL - Get Free Report) insider Natalie Glance sold 1,500 shares of Duolingo stock in a transaction on Monday, May 6th. The shares were sold at an average price of $247.82, for a total value of $371,730.00. Following the sale, the insider now directly owns 123,005 shares of the company's stock, valued at approximately $30,483,099.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Natalie Glance also recently made the following trade(s):
- On Monday, April 8th, Natalie Glance sold 1,500 shares of Duolingo stock. The stock was sold at an average price of $215.35, for a total value of $323,025.00.
- On Wednesday, March 6th, Natalie Glance sold 1,500 shares of Duolingo stock. The shares were sold at an average price of $215.07, for a total value of $322,605.00.
Duolingo Trading Up 0.3 %
Shares of DUOL opened at $248.84 on Wednesday. The stock's 50-day moving average price is $219.15 and its 200 day moving average price is $206.23. The company has a quick ratio of 3.24, a current ratio of 3.24 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 731.90 and a beta of 0.82. Duolingo, Inc. has a 12-month low of $121.89 and a 12-month high of $251.30.
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Duolingo (NASDAQ:DUOL - Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.05. The business had revenue of $150.99 million for the quarter, compared to analysts' expectations of $146.98 million. Duolingo had a return on equity of 2.64% and a net margin of 3.03%. As a group, research analysts predict that Duolingo, Inc. will post 1.38 earnings per share for the current year.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the stock. Needham & Company LLC raised their price target on shares of Duolingo from $210.00 to $241.00 and gave the company a "buy" rating in a report on Thursday, February 29th. UBS Group raised their target price on Duolingo from $230.00 to $275.00 and gave the company a "buy" rating in a report on Thursday, February 29th. JPMorgan Chase & Co. initiated coverage on Duolingo in a research note on Monday, March 11th. They set an "overweight" rating and a $270.00 price target for the company. Piper Sandler increased their price objective on Duolingo from $217.00 to $282.00 and gave the company an "overweight" rating in a report on Thursday, February 29th. Finally, Barclays boosted their target price on Duolingo from $173.00 to $243.00 and gave the stock an "equal weight" rating in a report on Thursday, February 29th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $245.13.
Check Out Our Latest Report on Duolingo
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in DUOL. Qsemble Capital Management LP acquired a new stake in Duolingo during the first quarter valued at approximately $528,000. Headlands Technologies LLC grew its position in Duolingo by 19.8% in the first quarter. Headlands Technologies LLC now owns 767 shares of the company's stock valued at $169,000 after acquiring an additional 127 shares during the period. Swiss National Bank raised its stake in Duolingo by 1.3% during the first quarter. Swiss National Bank now owns 60,100 shares of the company's stock worth $13,257,000 after acquiring an additional 800 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Duolingo by 261.8% during the first quarter. SG Americas Securities LLC now owns 3,640 shares of the company's stock valued at $803,000 after acquiring an additional 2,634 shares during the period. Finally, Duality Advisers LP bought a new stake in shares of Duolingo in the 1st quarter worth about $287,000. Institutional investors and hedge funds own 91.59% of the company's stock.
Duolingo Company Profile
(
Get Free Report)
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.
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