Duolingo CEO Luis von Ahn sells $3.48 million in stock

Luis von Ahn, the President, CEO, and Co-Founder of Duolingo , Inc. (NASDAQ:DUOL), has sold a significant portion of his Class A Common Stock holdings. According to a recent SEC filing, von Ahn sold shares worth approximately $3.48 million on February 18, 2025. The sales were executed at prices ranging from $428.85 to $441.29 per share, near the company’s 52-week high of $441.76. InvestingPro analysis indicates the stock appears overvalued, despite impressive year-over-year returns of 140%.

The transactions were conducted under von Ahn’s Rule 10b5-1 trading plan, which was adopted on September 12, 2024. Following these sales, von Ahn’s direct ownership of Duolingo’s Class A Common Stock stands at 360 shares.

Additionally, von Ahn exercised stock options to acquire 8,000 shares at a price of $7.48 per share, which were subsequently converted into Class A Common Stock.

These transactions are part of routine financial management and planning by the executive, who remains a key figure at the educational technology company known for its language-learning platform.

In other recent news, Duolingo Inc. has been actively expanding its features and receiving varied analyst attention. The company has expanded its AI-driven Video Call feature to Android users, adding support for five new languages, enhancing the learning experience for Duolingo Max subscribers. UBS has raised its price target for Duolingo to $410, maintaining a Buy rating, as they expect the company to set moderate growth expectations in its upcoming earnings report. Meanwhile, Jefferies has initiated coverage with a Hold rating and a $370 price target, citing Duolingo’s consistent growth record but expressing concerns over future growth prospects.

JP Morgan has reiterated an Overweight rating with a $400 price target, optimistic about the expansion of the Video Call feature and projecting significant growth in paid subscribers for the Duolingo Max product. KeyBanc maintains a Sector Weight rating, noting Duolingo’s strong position in the market and its effective use of AI for product innovation. They also highlighted a quarter-over-quarter decline in gross margins attributed to AI costs but expressed confidence in the company’s ability to manage these expenses. Analysts anticipate Duolingo’s continued growth, with a focus on expanding user engagement and exploring new educational verticals. These recent developments reflect a dynamic period for Duolingo, with ongoing product enhancements and varied analyst perspectives shaping investor outlooks.

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