Artisan Partners Limited Partnership Increases Stock Holdings in Duolingo, Inc. $DUOL

Artisan Partners Limited Partnership increased its position in shares of Duolingo, Inc. (NASDAQ:DUOLFree Report) by 710.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,331 shares of the company’s stock after buying an additional 110,748 shares during the period. Artisan Partners Limited Partnership owned about 0.28% of Duolingo worth $51,798,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Bryce Point Capital LLC acquired a new stake in Duolingo in the second quarter worth $946,000. Los Angeles Capital Management LLC bought a new position in shares of Duolingo during the second quarter worth about $14,377,000. Citigroup Inc. grew its position in shares of Duolingo by 129.8% during the second quarter. Citigroup Inc. now owns 197,052 shares of the company’s stock worth $80,795,000 after acquiring an additional 111,310 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Duolingo in the 1st quarter worth about $3,772,000. Finally, Profund Advisors LLC lifted its position in Duolingo by 165.5% in the 2nd quarter. Profund Advisors LLC now owns 2,456 shares of the company’s stock valued at $1,007,000 after purchasing an additional 1,531 shares during the last quarter. 91.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on DUOL shares. Scotiabank decreased their target price on shares of Duolingo from $600.00 to $300.00 and set a “sector outperform” rating for the company in a research report on Thursday, November 6th. Raymond James Financial reissued a “market perform” rating on shares of Duolingo in a report on Tuesday, August 26th. Citigroup cut Duolingo from a “buy” rating to a “market perform” rating in a research report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Duolingo in a research report on Wednesday. Finally, Zacks Research cut Duolingo from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $340.53.

Get Our Latest Analysis on Duolingo

Duolingo Trading Down 3.7%

Shares of DUOL stock opened at $168.01 on Friday. The stock has a 50-day simple moving average of $279.51 and a 200 day simple moving average of $363.68. The stock has a market capitalization of $7.77 billion, a P/E ratio of 21.29, a P/E/G ratio of 1.10 and a beta of 0.83. Duolingo, Inc. has a fifty-two week low of $166.27 and a fifty-two week high of $544.93. 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:DUOLGet Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 earnings per share for the quarter, beating the consensus estimate of $0.72 by $5.23. The company had revenue of $271.71 million during the quarter, compared to analyst estimates of $260.14 million. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. The business’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.49 EPS. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that Duolingo, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity

In other Duolingo news, insider Robert Meese sold 1,444 shares of Duolingo stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $177.95, for a total value of $256,959.80. Following the transaction, the insider owned 123,636 shares in the company, valued at approximately $22,001,026.20. The trade was a 1.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Severin Hacker sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $172.74, for a total value of $1,727,400.00. Following the completion of the transaction, the insider directly owned 72 shares in the company, valued at $12,437.28. This represents a 99.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 98,904 shares of company stock valued at $25,379,787 in the last ninety days. 15.67% of the stock is owned by company insiders.

About Duolingo

(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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Institutional Ownership by Quarter for Duolingo (NASDAQ:DUOL)

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