Duolingo (NASDAQ:DUOL) CFO Sells $205,812.20 in Stock

Duolingo, Inc. (NASDAQ:DUOL) CFO Matthew Skaruppa sold 1,870 shares of Duolingo stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $110.06, for a total value of $205,812.20. Following the sale, the chief financial officer owned 35,617 shares in the company, valued at $3,920,007.02. This trade represents a 4.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Matthew Skaruppa also recently made the following trade(s):

• On Wednesday, February 18th, Matthew Skaruppa sold 3,986 shares of Duolingo stock. The stock was sold at an average price of $113.52, for a total value of $452,490.72.

Duolingo Trading Up 1.6%

Shares of Duolingo stock opened at $112.94 on Monday. The firm has a market cap of $5.22 billion, a PE ratio of 14.31, a P/E/G ratio of 0.60 and a beta of 0.86. Duolingo, Inc. has a 1 year low of $107.16 and a 1 year high of $544.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.82. The stock has a fifty day moving average price of $152.08 and a 200-day moving average price of $231.60.

Hedge Funds Weigh In On Duolingo

Several hedge funds have recently bought and sold shares of DUOL. New York Life Investment Management LLC lifted its stake in Duolingo by 0.7% in the 2nd quarter. New York Life Investment Management LLC now owns 4,067 shares of the company’s stock worth $1,668,000 after purchasing an additional 30 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its holdings in shares of Duolingo by 3.5% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 940 shares of the company’s stock worth $385,000 after purchasing an additional 32 shares during the period. Evergreen Capital Management LLC raised its position in shares of Duolingo by 5.0% in the second quarter. Evergreen Capital Management LLC now owns 818 shares of the company’s stock worth $335,000 after buying an additional 39 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its position in shares of Duolingo by 22.2% in the third quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 220 shares of the company’s stock worth $71,000 after buying an additional 40 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in Duolingo by 46.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 146 shares of the company’s stock valued at $60,000 after buying an additional 46 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.

More Duolingo News

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Value/turnaround narrative: Coverage arguing Duolingo looks attractive after a ~75% share-price decline may draw value investors looking for a rebound. Is Duolingo (DUOL) Attractive After A 75% Share Price Slide And Mixed Valuation Signals
• Positive Sentiment: Brand/PR support: Features highlighting Duolingo as “America’s favorite online learning platform” and pieces contemplating it as a top money-making pick can sustain user growth narratives and retail interest. Duolingo: America’s favorite online learning platform Is Duolingo, Inc. (DUOL) the best money-making stock to buy right now?
• Neutral Sentiment: Short-interest reporting appears anomalous (entries show 0 shares / NaN increases). Current published short-interest ratios read as 0.0 days — likely a data/reporting glitch rather than a market signal. (No article link)
• Negative Sentiment: Insider selling: Multiple insiders, including the CFO Matthew Skaruppa, General Counsel Stephen Chen and other officers (Natalie Glance, Robert Meese), sold blocks of shares on Feb 17–18. Sales reduced individual holdings (one file shows an ~11% drop for the CFO). Insider selling at these levels is typically seen as a negative signal for near-term sentiment. SEC Form 4 (example: CFO Matthew Skaruppa)
• Negative Sentiment: Analyst/earnings caution: A Zacks preview warns Duolingo lacks the setup for an earnings beat in the upcoming report, tempering expectations and increasing the risk of downside if guidance or metrics disappoint. Duolingo (DUOL) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Recent price weakness: Coverage noted a recent >1% intraday decline versus the prior day, reflecting short-term weakness that could persist if the above negative signals continue. Duolingo (DUOL) Suffers a Larger Drop Than the General Market

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Duolingo from $185.00 to $160.00 and set an “underweight” rating for the company in a research report on Thursday, January 8th. Citigroup reissued a “market perform” rating on shares of Duolingo in a report on Monday, January 12th. Bank of America raised Duolingo from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $301.00 to $250.00 in a research report on Monday, January 5th. DA Davidson dropped their price target on Duolingo from $205.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 27th. Finally, Evercore set a $330.00 price objective on Duolingo and gave the stock an “outperform” rating in a report on Thursday, November 6th. Eleven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $292.37.

Duolingo Company Profile

Duolingo, Inc (NASDAQ:DUOL) is a technology-driven education company that operates a widely used language-learning platform. Founded in 2011 by Luis von Ahn and Severin Hacker, Duolingo offers a freemium service featuring bite-sized lessons, gamified exercises and adaptive learning algorithms. The company’s core product is its mobile and web application, which supports instruction in more than 40 languages, ranging from widely spoken tongues such as English and Spanish to lesser-taught options including Irish and Swahili.

In addition to its flagship language courses, Duolingo has expanded its product suite to include the Duolingo English Test, an on-demand, computer-based English proficiency exam designed for academic and professional admissions.