Bank Julius Baer & Co. Ltd Zurich Invests $5.75 Million in Duolingo, Inc. $DUOL

Bank Julius Baer & Co. Ltd Zurich bought a new stake in Duolingo, Inc. (NASDAQ:DUOL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,747 shares of the company’s stock, valued at approximately $5,749,000.

A number of other hedge funds have also bought and sold shares of DUOL. Rise Advisors LLC grew its stake in Duolingo by 43.6% in the 1st 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 period. Summit Securities Group LLC purchased a new position in shares of Duolingo in the 1st quarter worth about $28,000. Brooklyn Investment Group grew its position in Duolingo by 4,750.0% during the first quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 95 shares during the period. Kiker Wealth Management LLC purchased a new stake in Duolingo during the second quarter worth about $31,000. Finally, SouthState Corp increased its holdings in Duolingo by 1,018.2% during the first quarter. SouthState Corp now owns 123 shares of the company’s stock worth $38,000 after buying an additional 112 shares during the last quarter. 91.59% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Baird R W raised shares of Duolingo to a “hold” rating in a research report on Friday, September 5th. JMP Securities dropped their price objective on Duolingo from $475.00 to $450.00 and set a “market outperform” rating on the stock in a research note on Monday, July 28th. DA Davidson reduced their price objective on Duolingo from $300.00 to $220.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Duolingo in a research note on Wednesday. Finally, JPMorgan Chase & Co. dropped their price target on Duolingo from $465.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $340.53.

Duolingo Stock Up 2.8%

Duolingo stock opened at $172.78 on Friday. The firm has a 50 day simple moving average of $276.81 and a 200 day simple moving average of $361.45. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.07. Duolingo, Inc. has a 1-year low of $166.27 and a 1-year high of $544.93. The firm has a market capitalization of $7.99 billion, a price-to-earnings ratio of 21.90, a P/E/G ratio of 1.06 and a beta of 0.83.

Duolingo (NASDAQ:DUOL) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $5.23. The firm had revenue of $271.71 million during the quarter, compared to analyst estimates of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The business’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same period last year, the company earned $0.49 earnings per share. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts predict that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Insiders Place Their Bets

In other Duolingo news, CFO Matthew Skaruppa sold 10,937 shares of Duolingo stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $317.39, for a total transaction of $3,471,294.43. Following the completion of the transaction, the chief financial officer owned 43,345 shares of the company’s stock, valued at $13,757,269.55. The trade was a 20.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Natalie Glance sold 3,283 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $312.30, for a total value of $1,025,280.90. Following the sale, the insider owned 116,171 shares in the company, valued at approximately $36,280,203.30. This represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 98,904 shares of company stock worth $25,379,787 in the last quarter. 15.67% of the stock is owned by company insiders.

Duolingo 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.