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Severin Hacker, Chief Tech Officer and Director at Duolingo , Inc. (NASDAQ:DUOL), sold a total of 9,000 shares of Class A Common Stock on June 20, 2025. The sales were executed in multiple transactions with prices ranging from $466.4291 to $481.35, resulting in proceeds of approximately $4.7 million. The language learning company, currently valued at $20.37 billion, has demonstrated impressive growth with a 118% return over the past year, according to InvestingPro data.
Specifically, 300 shares were sold at a weighted average price of $466.4291, 900 shares at $467.4567, 1,017 shares at $468.3994, 2,183 shares at $469.5542, 1,401 shares at $470.3874, 1,199 shares at $471.4536 and 928 shares at $472.5353. These transactions totaled $3,724,837.
Additional sales included 272 shares at a weighted average price of $473.4595, 500 shares at $474.6529, 700 shares at $476.4716, 400 shares at $478.12, and 200 shares at $481.35, for a total of $987,155.
On the same day, Hacker also exercised options to acquire 10,000 shares of Class A Common Stock at a price of $38.08 per share, for a total value of $380,800. These transactions were executed under a Rule 10b5-1 trading plan adopted on September 11, 2024.
In other recent news, Duolingo, Inc. held its 2025 Annual Meeting of Stockholders, where shareholders approved all proposals, including the election of three Class I directors and the ratification of Deloitte & Touche LLP as the independent accounting firm for the fiscal year ending December 31, 2025. Additionally, the compensation of the company’s named executive officers received non-binding approval. Meanwhile, Duolingo’s stock experienced a decline following Apple (NASDAQ:AAPL)’s announcement of a new Live Translation feature, which could pose competition to Duolingo’s language learning services. In terms of analyst activity, JPMorgan increased its price target for Duolingo to $580, citing strong user growth and effective monetization strategies, while maintaining an Overweight rating. DA Davidson also raised its price target to $600, highlighting Duolingo’s daily active user growth surpassing expectations. Similarly, Scotiabank (TSX:BNS) revised its price target to $600, noting Duolingo’s success in expanding its user base and monetization efforts. The analysts from these firms express confidence in Duolingo’s growth trajectory and financial prospects, with Scotiabank pointing to potential margin expansion due to changes in Apple’s App Store policies. These developments reflect a positive outlook for Duolingo’s market performance and future revenue potential.
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