Duolingo, Inc. $DUOL Shares Purchased by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership boosted its holdings in shares of Duolingo, Inc. (NASDAQ:DUOL) by 102.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 256,262 shares of the company’s stock after purchasing an additional 129,931 shares during the quarter. Artisan Partners Limited Partnership owned approximately 0.56% of Duolingo worth $82,475,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new stake in shares of Duolingo in the third quarter worth $32,000. Emerald Mutual Fund Advisers Trust acquired a new position in Duolingo during the 2nd quarter worth $40,000. Farther Finance Advisors LLC increased its position in shares of Duolingo by 82.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 133 shares of the company’s stock worth $43,000 after purchasing an additional 60 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of Duolingo by 8,900.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 180 shares of the company’s stock valued at $58,000 after purchasing an additional 178 shares in the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position in shares of Duolingo by 22.2% during the third quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 220 shares of the company’s stock worth $71,000 after purchasing an additional 40 shares during the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Robert Meese sold 1,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $110.06, for a total transaction of $110,060.00. Following the completion of the transaction, the insider owned 122,636 shares in the company, valued at approximately $13,497,318.16. This represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Matthew Skaruppa sold 3,986 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $113.52, for a total transaction of $452,490.72. Following the completion of the sale, the chief financial officer directly owned 31,631 shares in the company, valued at approximately $3,590,751.12. This trade represents a 11.19% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 14,939 shares of company stock worth $1,676,291. 15.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on DUOL shares. DA Davidson lowered their price objective on Duolingo from $170.00 to $85.00 and set a “neutral” rating for the company in a report on Friday. Morgan Stanley reiterated an “equal weight” rating and issued a $100.00 price target (down from $245.00) on shares of Duolingo in a report on Friday. Citigroup restated a “neutral” rating and set a $101.00 price objective (down from $270.00) on shares of Duolingo in a research note on Friday. Bank of America reaffirmed a “neutral” rating and issued a $100.00 price objective on shares of Duolingo in a report on Friday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Duolingo in a report on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Duolingo currently has an average rating of “Hold” and a consensus price target of $220.26.

Key Duolingo News

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Q4 results beat estimates — revenue and EPS topped expectations and the company reported strong margin metrics. Earnings Report
• Positive Sentiment: User scale: Duolingo closed 2025 with >50M daily active users and topped $1B in bookings — evidence of continued product adoption. Shareholder Letter
• Positive Sentiment: Strong full-year profitability: reports note roughly $400M profit for 2025, underlining unit economics at scale. Profit Article
• Neutral Sentiment: Management is explicitly shifting to prioritize user growth over near-term monetization, saying bookings and revenue growth will slow as they aim for 100M DAUs by 2028. Reuters Strategy Piece
• Neutral Sentiment: Management set explicit DAU growth targets and framed short-term profitability trade-offs as part of a longer-term expansion plan. Seeking Alpha
• Negative Sentiment: Guidance disappointment: FY‑2026 and Q1 2026 revenue/bookings guidance came in below Street expectations, triggering sharp intraday selling. Guidance/Miss Report
• Negative Sentiment: Analyst downgrades and price-target cuts accelerated the sell-off (multiple firms cut targets and/or ratings after the call). Analyst Moves
• Negative Sentiment: Regulatory/litigation risk: investor law firms have launched probes into DUOL, increasing uncertainty and potential legal overhang. Investigation Alert
• Negative Sentiment: High-volume selling and negative press amplified moves — multiple outlets flagged a steep intraday decline and described investor concern over the strategy shift. Barron’s

Duolingo Trading Down 14.0%

NASDAQ:DUOL opened at $101.00 on Friday. The firm has a market capitalization of $4.67 billion, a P/E ratio of 12.80, a P/E/G ratio of 0.63 and a beta of 0.86. The business has a 50 day simple moving average of $144.48 and a 200 day simple moving average of $224.53. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.82. Duolingo, Inc. has a 12-month low of $91.99 and a 12-month high of $544.93.

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.