Robeco Institutional Asset Management B.V. Sells 991 Shares of Duolingo, Inc. (NASDAQ:DUOL)

Robeco Institutional Asset Management B.V. lessened its position in shares of Duolingo, Inc. (NASDAQ:DUOL) by 17.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,555 shares of the company’s stock after selling 991 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Duolingo were worth $1,033,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Discovery Value Fund acquired a new position in Duolingo during the fourth quarter worth $27,000. FSC Wealth Advisors LLC bought a new position in shares of Duolingo in the 4th quarter valued at about $39,000. Bamco Inc. NY acquired a new stake in shares of Duolingo in the third quarter valued at about $39,000. Harvest Fund Management Co. Ltd bought a new stake in Duolingo during the fourth quarter worth about $92,000. Finally, Headlands Technologies LLC boosted its position in Duolingo by 814.3% during the fourth quarter. Headlands Technologies LLC now owns 640 shares of the company’s stock valued at $145,000 after purchasing an additional 570 shares during the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.

Duolingo Stock Down 0.6 %

Duolingo stock opened at $175.78 on Friday. The company’s 50-day moving average price is $211.95 and its two-hundred day moving average price is $209.11. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.08. The stock has a market cap of $7.58 billion, a P/E ratio of 181.22 and a beta of 0.82. Duolingo, Inc. has a twelve month low of $121.89 and a twelve month high of $251.30.

Duolingo (NASDAQ:DUOL) last posted its earnings results on Wednesday, May 8th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.30 by $0.27. The company had revenue of $167.70 million for the quarter, compared to the consensus estimate of $165.60 million. Duolingo had a return on equity of 7.08% and a net margin of 7.82%. The firm’s revenue for the quarter was up 44.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.06) earnings per share. As a group, analysts expect that Duolingo, Inc. will post 1.74 EPS for the current year.

Insiders Place Their Bets

In other news, insider Natalie Glance sold 1,500 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $215.07, for a total value of $322,605.00. Following the completion of the sale, the insider now owns 126,005 shares of the company’s stock, valued at $27,099,895.35. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, insider Natalie Glance sold 1,500 shares of Duolingo stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $215.07, for a total value of $322,605.00. Following the completion of the sale, the insider now directly owns 126,005 shares in the company, valued at $27,099,895.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Ahn Luis Von sold 13,600 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $208.34, for a total value of $2,833,424.00. The disclosure for this sale can be found here. Insiders have sold 125,921 shares of company stock worth $27,371,558 in the last 90 days. Company insiders own 19.85% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Bank of America boosted their price target on Duolingo from $230.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. UBS Group upped their price target on shares of Duolingo from $230.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Barclays cut their price target on shares of Duolingo from $243.00 to $230.00 and set an “equal weight” rating for the company in a research note on Thursday, May 9th. The Goldman Sachs Group boosted their price objective on shares of Duolingo from $160.00 to $190.00 and gave the stock a “sell” rating in a research note on Thursday, February 29th. Finally, Needham & Company LLC raised their target price on shares of Duolingo from $241.00 to $267.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $244.63.

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.