Insider Selling: Duolingo (NASDAQ:DUOL) Insider Sells $191,614.46 in Stock

Duolingo, Inc. (NASDAQ:DUOLGet Free Report) insider Natalie Glance sold 1,741 shares of Duolingo stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $110.06, for a total value of $191,614.46. Following the transaction, the insider owned 118,925 shares in the company, valued at $13,088,885.50. This represents a 1.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Natalie Glance also recently made the following trade(s):

  • On Wednesday, February 18th, Natalie Glance sold 3,545 shares of Duolingo stock. The stock was sold at an average price of $113.51, for a total value of $402,392.95.

Duolingo Trading Up 1.6%

Shares of NASDAQ DUOL opened at $112.94 on Monday. 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 one year low of $107.16 and a one year high of $544.93. The business has a 50-day moving average price of $152.08 and a two-hundred day moving average price of $231.60. The firm has a market capitalization of $5.22 billion, a PE ratio of 14.31, a PEG ratio of 0.60 and a beta of 0.86.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DUOL. EFG International AG acquired a new stake in Duolingo in the 4th quarter worth approximately $26,000. Atlantic Union Bankshares Corp bought a new position in shares of Duolingo in the third quarter valued at approximately $32,000. AlphaCentric Advisors LLC acquired a new stake in shares of Duolingo in the fourth quarter worth $33,000. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Duolingo during the 2nd quarter worth $40,000. Finally, Farther Finance Advisors LLC grew its stake in Duolingo by 82.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 133 shares of the company’s stock valued at $43,000 after buying an additional 60 shares during the last quarter. 91.59% of the stock is owned by institutional investors.

More Duolingo News

Here are the key news stories impacting Duolingo this week:

Analyst Ratings Changes

DUOL has been the subject of a number of research reports. Citizens Jmp cut Duolingo from a “market outperform” rating to a “hold” rating in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Duolingo in a research note on Monday, December 29th. Needham & Company LLC lowered their price target on Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Wells Fargo & Company dropped their price objective on Duolingo from $185.00 to $160.00 and set an “underweight” rating on the stock in a report on Thursday, January 8th. Finally, Truist Financial set a $245.00 price objective on shares of Duolingo in a research report on Thursday, January 15th. Eleven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Duolingo currently has an average rating of “Hold” and a consensus target price of $292.37.

Get Our Latest Stock Analysis on DUOL

About Duolingo

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Duolingo (NASDAQ:DUOL)

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