UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $38.12 Million Stock Holdings in Duolingo, Inc. $DUOL

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC decreased its holdings in shares of Duolingo, Inc. (NASDAQ:DUOL) by 1.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 122,762 shares of the company’s stock after selling 1,723 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.27% of Duolingo worth $38,123,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Rise Advisors LLC raised its holdings in shares of Duolingo by 43.6% in the first quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after purchasing an additional 24 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Duolingo by 20.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 153 shares of the company’s stock valued at $48,000 after purchasing an additional 26 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Duolingo by 1.2% in the first quarter. Crossmark Global Holdings Inc. now owns 2,942 shares of the company’s stock valued at $914,000 after purchasing an additional 34 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Duolingo by 24.4% in the first quarter. Larson Financial Group LLC now owns 199 shares of the company’s stock valued at $62,000 after purchasing an additional 39 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Duolingo by 20.4% in the first quarter. Fifth Third Bancorp now owns 313 shares of the company’s stock valued at $97,000 after purchasing an additional 53 shares during the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.

Duolingo Trading Down 7.4%

DUOL stock opened at $285.11 on Tuesday. The company has a market capitalization of $13.06 billion, a PE ratio of 117.33, a price-to-earnings-growth ratio of 2.05 and a beta of 0.85. Duolingo, Inc. has a one year low of $227.65 and a one year high of $544.93. The company’s 50 day moving average price is $335.46 and its two-hundred day moving average price is $379.22. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.81 and a current ratio of 2.81.

Duolingo (NASDAQ:DUOL) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.55 by $0.36. The firm had revenue of $252.27 million for the quarter, compared to the consensus estimate of $240.84 million. Duolingo had a net margin of 13.24% and a return on equity of 13.32%. The business’s revenue was up 41.5% compared to the same quarter last year. During the same period last year, the firm posted $0.51 earnings per share. As a group, analysts predict that Duolingo, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Duolingo

In related news, CFO Matthew Skaruppa sold 10,937 shares of Duolingo stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $317.39, for a total value of $3,471,294.43. Following the transaction, the chief financial officer directly owned 43,345 shares of the company’s stock, valued at $13,757,269.55. The trade was a 20.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Natalie Glance sold 2,533 shares of Duolingo stock in a transaction on Friday, August 15th. The stock was sold at an average price of $329.03, for a total transaction of $833,432.99. Following the completion of the transaction, the insider directly owned 122,112 shares in the company, valued at approximately $40,178,511.36. The trade was a 2.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 80,508 shares of company stock valued at $28,428,221. 18.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

DUOL has been the subject of several analyst reports. Raymond James Financial reiterated a “market perform” rating on shares of Duolingo in a report on Tuesday, August 26th. Wall Street Zen downgraded shares of Duolingo from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Morgan Stanley increased their target price on shares of Duolingo from $480.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. KeyCorp upgraded shares of Duolingo from a “sector weight” rating to an “overweight” rating and set a $460.00 price target for the company in a research report on Monday, August 18th. Finally, DA Davidson lowered shares of Duolingo from a “buy” rating to a “neutral” rating and reduced their price target for the company from $500.00 to $300.00 in a research report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Duolingo currently has a consensus rating of “Moderate Buy” and a consensus price target of $420.63.

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.