Shaker Investments LLC OH Has $1.28 Million Holdings in Duolingo, Inc. (NASDAQ:DUOL)

Shaker Investments LLC OH lowered its stake in shares of Duolingo, Inc. (NASDAQ:DUOL) by 21.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,959 shares of the company’s stock after selling 1,066 shares during the period. Shaker Investments LLC OH’s holdings in Duolingo were worth $1,284,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its holdings in shares of Duolingo by 42.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 342,280 shares of the company’s stock valued at $96,530,000 after acquiring an additional 101,653 shares in the last quarter. Lisanti Capital Growth LLC grew its stake in Duolingo by 17.8% in the 3rd quarter. Lisanti Capital Growth LLC now owns 11,645 shares of the company’s stock valued at $3,284,000 after purchasing an additional 1,760 shares during the period. Rockefeller Capital Management L.P. purchased a new stake in shares of Duolingo during the 3rd quarter valued at $4,350,000. Diversified Trust Co bought a new stake in shares of Duolingo during the 4th quarter worth $784,000. Finally, Zacks Investment Management boosted its holdings in shares of Duolingo by 85.5% in the 3rd quarter. Zacks Investment Management now owns 10,733 shares of the company’s stock worth $3,027,000 after buying an additional 4,946 shares during the last quarter. Institutional investors own 91.59% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on DUOL shares. JMP Securities lowered shares of Duolingo from an “outperform” rating to a “market perform” rating in a research report on Monday, October 14th. Jefferies Financial Group began coverage on shares of Duolingo in a research note on Friday, January 24th. They set a “hold” rating and a $370.00 price target for the company. The Goldman Sachs Group upped their price objective on Duolingo from $250.00 to $275.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Piper Sandler raised their target price on Duolingo from $271.00 to $351.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, DA Davidson upped their price target on Duolingo from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $355.55.

Duolingo Trading Up 1.9 %

DUOL stock opened at $401.45 on Tuesday. The company has a market capitalization of $17.66 billion, a PE ratio of 219.37 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.09 and a current ratio of 3.09. Duolingo, Inc. has a one year low of $145.05 and a one year high of $411.69. The company’s 50 day moving average price is $346.02 and its two-hundred day moving average price is $289.40.

Insider Activity

In related news, insider Severin Hacker sold 10,000 shares of the company’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $391.46, for a total transaction of $3,914,600.00. Following the completion of the sale, the insider now directly owns 72 shares in the company, valued at $28,185.12. This represents a 99.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ahn Luis Von sold 41,759 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $340.29, for a total transaction of $14,210,170.11. The disclosure for this sale can be found here. In the last quarter, insiders sold 289,624 shares of company stock valued at $98,478,298. Insiders own 18.30% of the company’s stock.

Duolingo 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.