Ahn Luis Von Sells 1,000 Shares of Duolingo, Inc. (NASDAQ:DUOL) Stock

Duolingo, Inc. (NASDAQ:DUOL) CEO Ahn Luis Von sold 1,000 shares of the stock in a transaction on Friday, June 28th. The stock was sold at an average price of $215.00, for a total transaction of $215,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Ahn Luis Von also recently made the following trade(s):

• On Wednesday, May 1st, Ahn Luis Von sold 12,000 shares of Duolingo stock. The stock was sold at an average price of $223.51, for a total transaction of $2,682,120.00.

Duolingo Stock Down 6.4 %

Shares of NASDAQ DUOL traded down $13.44 during midday trading on Monday, hitting $195.23. 747,030 shares of the company’s stock were exchanged, compared to its average volume of 797,571. The firm’s fifty day simple moving average is $202.34 and its 200-day simple moving average is $206.69. The company has a market cap of $8.42 billion, a PE ratio of 201.27 and a beta of 0.73. Duolingo, Inc. has a twelve month low of $121.89 and a twelve month high of $251.30. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.22 and a quick ratio of 3.22.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.30 by $0.27. Duolingo had a net margin of 7.82% and a return on equity of 7.08%. The firm had revenue of $167.70 million for the quarter, compared to analyst estimates of $165.60 million. During the same period last year, the business earned ($0.06) EPS. Duolingo’s revenue for the quarter was up 44.9% compared to the same quarter last year. Research analysts predict that Duolingo, Inc. will post 1.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Discovery Value Fund acquired a new stake in Duolingo in the fourth quarter valued at $27,000. FSC Wealth Advisors LLC acquired a new stake in Duolingo in the fourth quarter valued at $39,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Duolingo in the fourth quarter valued at $73,000. Harvest Fund Management Co. Ltd acquired a new stake in Duolingo in the fourth quarter valued at $92,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in Duolingo in the fourth quarter valued at $106,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DUOL has been the subject of a number of research analyst reports. Needham & Company LLC upped their price objective on shares of Duolingo from $241.00 to $267.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. JMP Securities raised shares of Duolingo from a “market perform” rating to a “market outperform” rating and set a $260.00 price target on the stock in a research note on Tuesday, May 28th. DA Davidson began coverage on shares of Duolingo in a research note on Thursday, June 13th. They issued a “buy” rating and a $250.00 price target on the stock. Barclays decreased their price target on shares of Duolingo from $243.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 9th. Finally, JPMorgan Chase & Co. began coverage on shares of Duolingo in a research note on Monday, March 11th. They issued an “overweight” rating and a $270.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Duolingo currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.70.

Duolingo Company 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.