Duolingo, Inc. (NASDAQ:DUOL) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of Duolingo, Inc. (NASDAQ:DUOL) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,378 shares of the company’s stock after selling 414 shares during the period. Yousif Capital Management LLC’s holdings in Duolingo were worth $4,338,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of DUOL. Charles Schwab Investment Management Inc. grew its stake in Duolingo by 42.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 342,280 shares of the company’s stock valued at $96,530,000 after purchasing an additional 101,653 shares in the last quarter. Lisanti Capital Growth LLC boosted its stake in shares of Duolingo by 17.8% during the 3rd quarter. Lisanti Capital Growth LLC now owns 11,645 shares of the company’s stock valued at $3,284,000 after buying an additional 1,760 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Duolingo during the third quarter worth approximately $4,350,000. Diversified Trust Co bought a new stake in shares of Duolingo in the fourth quarter worth $784,000. Finally, Zacks Investment Management raised its holdings in Duolingo by 85.5% in the third quarter. Zacks Investment Management now owns 10,733 shares of the company’s stock valued at $3,027,000 after acquiring an additional 4,946 shares in the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Duolingo

In other news, insider Severin Hacker sold 10,000 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $391.46, for a total transaction of $3,914,600.00. Following the transaction, the insider now directly owns 72 shares of the company’s stock, valued at approximately $28,185.12. This trade represents a 99.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Matthew Skaruppa sold 4,464 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $313.55, for a total transaction of $1,399,687.20. Following the completion of the sale, the chief financial officer now directly owns 63,266 shares of the company’s stock, valued at $19,837,054.30. The trade was a 6.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 289,624 shares of company stock worth $98,478,298 in the last three months. 18.30% of the stock is owned by company insiders.

Duolingo Stock Up 1.1 %

DUOL stock opened at $393.80 on Friday. The company has a quick ratio of 3.09, a current ratio of 3.09 and a debt-to-equity ratio of 0.07. The firm’s 50-day simple moving average is $344.92 and its 200 day simple moving average is $286.14. The stock has a market cap of $17.32 billion, a PE ratio of 215.19 and a beta of 0.89. Duolingo, Inc. has a fifty-two week low of $145.05 and a fifty-two week high of $411.69.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.35 by $0.14. The company had revenue of $192.59 million for the quarter, compared to analyst estimates of $189.19 million. Duolingo had a net margin of 12.59% and a return on equity of 11.74%. Duolingo’s revenue was up 39.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.06 earnings per share. As a group, sell-side analysts predict that Duolingo, Inc. will post 2.03 EPS for the current year.

Wall Street Analysts Forecast Growth

DUOL has been the subject of several recent analyst reports. DA Davidson raised their price objective on shares of Duolingo from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Jefferies Financial Group initiated coverage on Duolingo in a research note on Friday, January 24th. They issued a “hold” rating and a $370.00 price target for the company. JPMorgan Chase & Co. upped their price objective on Duolingo from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Seaport Res Ptn lowered Duolingo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, UBS Group upped their price target on Duolingo from $408.00 to $410.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Seven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $355.55.

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.