Duolingo chief business officer sells shares worth $1.71 million

Robert Meese, the Chief Business Officer of Duolingo , Inc. (NASDAQ:DUOL), a company currently valued at $14.9 billion with impressive revenue growth of ~41% in the last twelve months, recently sold 5,351 shares of the company’s Class A Common Stock. According to InvestingPro analysis, the company maintains strong financial health with a robust gross margin of ~73%. The sale, executed on March 24, 2025, was part of Meese’s Rule 10b5-1 trading plan, adopted in December 2024. The shares were sold at a weighted average price of $320.0239, resulting in a total transaction value of approximately $1.71 million. Following this transaction, Meese holds 133,805 shares directly. Additionally, shares are held indirectly in trusts for Eliot Meese and Isaac Meese. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value, with 17+ additional insights available to subscribers.

In other recent news, Duolingo Inc. has seen a series of analyst upgrades following its strong financial performance and strategic initiatives. JPMorgan raised its price target for Duolingo from $400 to $410, maintaining an Overweight rating, and expressed optimism about the company’s AI-driven product cycle, particularly the Max feature, which is expected to significantly boost the paid subscriber base. DA Davidson also increased its price target to $400, citing Duolingo’s better-than-expected fourth-quarter earnings and the promising growth in mature markets. Furthermore, Needham raised its target to $400, highlighting the company’s 50% growth in daily active users and subscription bookings, driven by the Duolingo Max subscription tier.

Piper Sandler adjusted its price target to $390, acknowledging Duolingo’s revenue surpassing expectations and a 42% surge in bookings. Duolingo’s premium offering, Duolingo Max, now accounts for 5% of total subscribers, while the family plan, which has higher retention rates, represents 23% of subscribers. Analysts are particularly encouraged by the company’s strategic investments in GenAI technology to enhance its Video Call functionalities. Additionally, Duolingo’s expansion into math and music courses is drawing significant interest, with 3 million daily active users, suggesting potential growth in these new areas. These developments reflect a positive outlook from analysts on Duolingo’s ability to capitalize on its strategic initiatives and sustain its growth trajectory.

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