Insider Selling: Duolingo, Inc. (NYSE:DUOL) SVP Sells 472 Shares of Stock

Duolingo, Inc. (NYSE:DUOLGet Rating) SVP Natalie Glance sold 472 shares of the company’s stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $90.97, for a total value of $42,937.84. Following the sale, the senior vice president now owns 132,510 shares in the company, valued at approximately $12,054,434.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of NYSE DUOL opened at $79.37 on Thursday. The firm has a fifty day moving average price of $87.38 and a 200-day moving average price of $99.91. Duolingo, Inc. has a 1 year low of $60.50 and a 1 year high of $204.99. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.72 and a quick ratio of 5.20.

Duolingo (NYSE:DUOLGet Rating) last announced its quarterly earnings data on Thursday, May 12th. The company reported ($0.31) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.57) by $0.26. Duolingo had a negative net margin of 21.26% and a negative return on equity of 16.22%. The company had revenue of $81.22 million during the quarter, compared to analyst estimates of $77.56 million. During the same quarter last year, the business posted ($1.04) EPS. The firm’s revenue for the quarter was up 46.7% on a year-over-year basis. As a group, equities analysts expect that Duolingo, Inc. will post -1.73 EPS for the current year.

A number of analysts recently weighed in on DUOL shares. Zacks Investment Research upgraded Duolingo from a “sell” rating to a “hold” rating in a report on Thursday, May 12th. Bank of America dropped their price target on shares of Duolingo from $165.00 to $135.00 in a research report on Friday, May 13th. KeyCorp raised shares of Duolingo from a “sector weight” rating to an “overweight” rating and set a $112.00 price target on the stock in a research report on Monday, March 21st. Raymond James raised Duolingo from a “market perform” rating to an “outperform” rating and set a $98.00 price target on the stock in a research report on Friday, May 13th. Finally, JMP Securities restated a “buy” rating and set a $128.00 price target on shares of Duolingo in a research report on Tuesday, April 5th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Duolingo currently has an average rating of “Buy” and a consensus price target of $128.78.

Several institutional investors and hedge funds have recently bought and sold shares of DUOL. Advisor Group Holdings Inc. purchased a new stake in shares of Duolingo in the third quarter valued at about $35,000. BlackRock Inc. acquired a new stake in Duolingo in the third quarter valued at approximately $62,484,000. Goldman Sachs Group Inc. acquired a new stake in Duolingo in the third quarter valued at approximately $1,178,000. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in Duolingo in the third quarter valued at approximately $3,698,000. Finally, Geode Capital Management LLC purchased a new position in Duolingo in the third quarter valued at approximately $8,917,000. Hedge funds and other institutional investors own 40.17% of the company’s stock.

Duolingo Company Profile (Get Rating)

Duolingo, Inc develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam.

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Insider Buying and Selling by Quarter for Duolingo (NYSE:DUOL)

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