Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Duolingo, Inc. (NASDAQ:DUOL)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Duolingo, Inc. (NASDAQ:DUOL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 68,910 shares of the company's stock, valued at approximately $22,343,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.16% of Duolingo at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Quarry LP increased its position in shares of Duolingo by 250.0% in the fourth quarter. Quarry LP now owns 91 shares of the company's stock worth $30,000 after acquiring an additional 65 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Duolingo during the fourth quarter valued at approximately $31,000. Harvest Fund Management Co. Ltd grew its position in Duolingo by 5,050.0% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 103 shares of the company's stock valued at $33,000 after purchasing an additional 101 shares in the last quarter. Global Retirement Partners LLC grew its position in Duolingo by 1,255.6% during the fourth quarter. Global Retirement Partners LLC now owns 122 shares of the company's stock valued at $40,000 after purchasing an additional 113 shares in the last quarter. Finally, Smithfield Trust Co grew its position in Duolingo by 41.8% during the fourth quarter. Smithfield Trust Co now owns 156 shares of the company's stock valued at $51,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 91.59% of the company's stock.

Insider Activity

In other news, insider Severin Hacker sold 10,000 shares of the company's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $298.25, for a total value of $2,982,500.00. Following the sale, the insider now owns 72 shares of the company's stock, valued at approximately $21,474. This represents a 99.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ahn Luis Von sold 8,000 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $293.80, for a total transaction of $2,350,400.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 93,853 shares of company stock worth $31,627,441. 15.67% of the stock is currently owned by corporate insiders.

Duolingo Stock Performance

NASDAQ:DUOL traded up $4.52 during trading hours on Friday, hitting $517.91. 1,135,329 shares of the company traded hands, compared to its average volume of 709,763. The stock has a market capitalization of $23.54 billion, a price-to-earnings ratio of 283.01 and a beta of 0.88. Duolingo, Inc. has a twelve month low of $145.05 and a twelve month high of $544.93. The firm has a 50-day moving average of $411.34 and a 200 day moving average of $366.87. The company has a current ratio of 3.09, a quick ratio of 3.09 and a debt-to-equity ratio of 0.07.

Duolingo (NASDAQ:DUOL - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.20. Duolingo had a return on equity of 11.74% and a net margin of 12.59%. The company had revenue of $230.74 million for the quarter, compared to analyst estimates of $223.15 million. The company's revenue was up 37.6% compared to the same quarter last year. On average, analysts forecast that Duolingo, Inc. will post 2.03 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on DUOL. JMP Securities reaffirmed a "market perform" rating on shares of Duolingo in a research report on Friday, February 14th. The Goldman Sachs Group lifted their target price on shares of Duolingo from $340.00 to $403.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Barclays lifted their target price on shares of Duolingo from $330.00 to $375.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Evercore ISI lifted their target price on shares of Duolingo from $400.00 to $480.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Duolingo from $360.00 to $500.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Duolingo has an average rating of "Moderate Buy" and a consensus target price of $435.57.

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.