1 week Ago By ABMN Staff
Dakota Wealth Management boosted its position in shares of Duolingo, Inc. ( NASDAQ:DUOL – Free Report ) by 56.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 1,768 shares of the company’s stock after buying an additional 635 shares during the quarter. Dakota Wealth Management’s holdings in Duolingo were worth $573,000 at the end of the most recent quarter. A number of other hedge funds have also recently bought and sold shares of DUOL.
Mount Lucas Management LP boosted its stake in shares of Duolingo by 2.4% during the 3rd quarter. Mount Lucas Management LP now owns 1,340 shares of the company’s stock worth $378,000 after acquiring an additional 32 shares in the last quarter.
CIBC Asset Management Inc increased its stake in Duolingo by 3.1% in the 3rd quarter. CIBC Asset Management Inc now owns 1,061 shares of the company’s stock worth $299,000 after purchasing an additional 32 shares in the last quarter.
Nisa Investment Advisors LLC raised its holdings in Duolingo by 50.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 180 shares of the company’s stock worth $58,000 after buying an additional 60 shares during the period.
Mercer Global Advisors Inc. ADV lifted its stake in Duolingo by 3.9% during the second quarter.
Mercer Global Advisors Inc. ADV now owns 1,962 shares of the company’s stock valued at $409,000 after buying an additional 73 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Duolingo by 164.
6% in the third quarter. Farther Finance Advisors LLC now owns 127 shares of the company’s stock worth $36,000 after buying an additional 79 shares during the period. 91.
59% of the stock is owned by institutional investors and hedge funds. Duolingo Stock Down 2.2 % DUOL stock opened at $328.
60 on Friday. The firm has a market cap of $14.46 billion, a PE ratio of 179.
56 and a beta of 0.87. Duolingo, Inc.
has a 1 year low of $145.05 and a 1 year high of $378.48.
The company has a fifty day simple moving average of $339.13 and a 200 day simple moving average of $273.97.
The company has a current ratio of 3.09, a quick ratio of 3.09 and a debt-to-equity ratio of 0.
07. Analyst Upgrades and Downgrades DUOL has been the subject of several research analyst reports. Jefferies Financial Group assumed coverage on shares of Duolingo in a research report on Friday.
They issued a “hold” rating and a $370.00 price target for the company. Barclays raised their target price on Duolingo from $183.
00 to $295.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 7th. The Goldman Sachs Group upped their price target on Duolingo from $250.
00 to $275.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. UBS Group raised their price objective on Duolingo from $355.
00 to $408.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, JMP Securities downgraded Duolingo from an “outperform” rating to a “market perform” rating in a report on Monday, October 14th.
Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Duolingo presently has a consensus rating of “Moderate Buy” and an average price target of $355.36.
View Our Latest Report on DUOL Insider Buying and Selling at Duolingo In other Duolingo news, CFO Matthew Skaruppa sold 4,464 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were 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 in the company, valued at $19,837,054.30.
This represents a 6.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .
Also, insider Natalie Glance sold 1,500 shares of Duolingo stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $313.36, for a total value of $470,040.
00. Following the completion of the transaction, the insider now owns 136,760 shares in the company, valued at $42,855,113.60.
The trade was a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders have sold a total of 281,124 shares of company stock worth $95,033,738 over the last 90 days. Insiders own 18.30% of the company’s stock.
Duolingo Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding DUOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duolingo, Inc. ( NASDAQ:DUOL – Free Report ).
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