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Natalie Glance, Chief Engineering Officer at Duolingo , Inc. (NASDAQ:DUOL), recently sold a significant portion of her holdings in the company. The language learning platform, which boasts impressive gross profit margins of 73% and maintains a strong financial health rating according to InvestingPro, has seen its stock decline about 13% over the past week. According to a Form 4 filing with the Securities and Exchange Commission, Glance sold a total of 8,020 shares of Class A Common Stock on March 5, 2025. The sales were executed at prices ranging from $286.19 to $294.36 per share, amounting to a total transaction value of approximately $2.62 million. For deeper insights into insider transactions and comprehensive analysis of DUOL’s valuation metrics, InvestingPro subscribers can access the detailed Pro Research Report, available for over 1,400 US stocks.
Following these transactions, Glance retains direct ownership of 130,733 shares of Duolingo’s Class A Common Stock. The transactions were conducted under a Rule 10b5-1 trading plan adopted on November 14, 2024. With a market capitalization of $12.3 billion, Duolingo maintains a healthy balance sheet with more cash than debt, though current valuation metrics suggest the stock may be trading above its Fair Value.
In other recent news, Duolingo Inc. reported fourth-quarter 2024 earnings that exceeded market expectations, with revenue reaching $209.6 million, surpassing the forecast of $205 million. Despite this strong financial performance, the company’s stock experienced a decline in aftermarket trading. Analysts have shown confidence in Duolingo’s growth potential, with JPMorgan raising its price target to $410, citing the company’s AI-driven product cycle and the potential of its Max feature. Similarly, DA Davidson, Needham, and Piper Sandler have increased their price targets to $400 and $390, respectively, while maintaining Buy or Overweight ratings.
Duolingo’s impressive fourth-quarter performance was highlighted by significant growth in daily active users and subscription bookings, attributed to the uptake of its premium-priced Duolingo Max subscription tier. The company reported a 42% increase in bookings, driven by a 51% growth in daily active users. Analysts from Needham and Piper Sandler remain optimistic about Duolingo’s prospects, noting strategic investments in AI and content expansion as key drivers for future growth.
The introduction of Duolingo Max has been a significant contributor to the company’s revenue growth, with Max now representing 5% of total subscribers. The company’s management aims to continue leveraging AI technology to enhance the learning experience and expand into new areas such as math and music courses. As Duolingo looks ahead, it projects a 25% growth in bookings for 2025, with expectations to surpass $1 billion in total bookings.
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