Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Severin Hacker, Chief Tech Officer and Director at Duolingo , Inc. (NASDAQ:DUOL), a $16.18 billion market cap company showing impressive 39.14% revenue growth and 72.25% gross profit margins, sold a total of 9,200 shares of Class A Common Stock on July 21, 2025. The sales were executed in multiple transactions with prices ranging from $355.3063 to $367.61, for a total value of $3,529,326.
In addition to the sales, Hacker also acquired 10,000 shares of Class A Common Stock through the conversion of Class B Common Stock at a price of $38.08, for a total value of $380,800. He also sold 200 shares of Class A Common Stock at $370.05, for a total value of $74,010.
Hacker also exercised options to purchase 10,000 shares of Class B Common Stock at a price of $38.08. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 11, 2024.
In other recent news, Duolingo has seen a flurry of activity surrounding its stock ratings and corporate governance. UBS has reiterated its Buy rating for Duolingo, maintaining a price target of $500 while expressing caution ahead of the company’s upcoming earnings report. Meanwhile, JPMorgan has lowered its price target from $580 to $500, citing concerns about user growth and subscription bookings, though it maintains an Overweight rating. Evercore ISI has taken a more optimistic stance, raising its price target to $540 based on favorable survey results in the U.S. and Germany. Additionally, DA Davidson has also adjusted its price target to $500, maintaining a Buy rating, based on a comprehensive analysis of course enrollments. On the corporate front, Duolingo’s recent Annual Meeting of Stockholders resulted in the approval of board nominees Bing Gordon, John Lilly, and Mario Schlosser, along with the appointment of an auditor. These developments reflect the varied perspectives and expectations surrounding Duolingo’s financial and operational performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.