Natalie Glance Sells 1,741 Shares of Duolingo (NASDAQ:DUOL) Stock

Duolingo, Inc. (NASDAQ:DUOLGet Free Report) insider Natalie Glance sold 1,741 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $110.06, for a total transaction of $191,614.46. Following the completion of the sale, the insider owned 118,925 shares in the company, valued at $13,088,885.50. The trade was a 1.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

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

Duolingo Price Performance

Shares of DUOL opened at $112.94 on Friday. The business’s 50-day moving average is $152.08 and its two-hundred day moving average is $232.39. The company has a market capitalization of $5.22 billion, a P/E ratio of 14.31, a P/E/G ratio of 0.60 and a beta of 0.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.82 and a current ratio of 2.82. Duolingo, Inc. has a fifty-two week low of $107.16 and a fifty-two week high of $544.93.

More Duolingo News

Here are the key news stories impacting Duolingo this week:

Analyst Ratings Changes

Several research firms have commented on DUOL. The Goldman Sachs Group lowered their price objective on Duolingo from $425.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. 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 note on Thursday, November 6th. Citizens Jmp lowered shares of Duolingo from a “market outperform” rating to a “hold” rating in a research report on Thursday, November 6th. DA Davidson cut their price objective on shares of Duolingo from $205.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, January 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Duolingo in a research note on Monday, December 29th. Eleven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $292.37.

Check Out Our Latest Analysis on Duolingo

Hedge Funds Weigh In On Duolingo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EFG International AG purchased a new stake in shares of Duolingo during the fourth quarter worth about $26,000. Atlantic Union Bankshares Corp purchased a new stake in Duolingo during the 3rd quarter worth approximately $32,000. AlphaCentric Advisors LLC purchased a new stake in Duolingo during the 4th quarter worth approximately $33,000. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Duolingo during the second quarter valued at approximately $40,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Duolingo by 82.2% in the third quarter. Farther Finance Advisors LLC now owns 133 shares of the company’s stock valued at $43,000 after acquiring an additional 60 shares in the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.

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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