JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Severin Hacker, Chief Technology Officer and Co-Founder of Duolingo , Inc. (NASDAQ:DUOL), recently sold shares of the company totaling approximately $2.98 million. The transactions, which occurred on March 19, 2025, involved the sale of Class A Common Stock at prices ranging from $289.15 to $304.22 per share. The language learning platform, currently valued at $14.1 billion, has demonstrated robust financial performance with impressive revenue growth of 41% over the last twelve months.
These sales were conducted as part of Hacker’s Rule 10b5-1 trading plan, which was adopted in September 2024. Following the transactions, Hacker retains ownership of 72 shares directly.
Additionally, Hacker engaged in other transactions on the same date, acquiring shares through conversions. These acquisitions amounted to a total of $374,837, with prices ranging from $14.42 to $38.08 per share.
Duolingo, a leading provider of language-learning platforms, continues to navigate the market with its innovative offerings, while key executives like Hacker manage their equity holdings. The company maintains industry-leading gross profit margins of 73% and has received a "GREAT" financial health score from InvestingPro, which offers 15+ additional insights about the company’s performance and valuation.
In other recent news, Duolingo Inc. reported fourth-quarter 2024 earnings with a revenue of $209.6 million, surpassing the forecast of $205 million. Despite exceeding expectations, the company’s stock experienced a decline of 7.19% in aftermarket trading. Analysts from JPMorgan raised Duolingo’s price target to $410, maintaining an Overweight rating, while DA Davidson, Needham, and Piper Sandler also increased their targets to $400, with Piper Sandler setting it at $390, all retaining positive ratings. These adjustments follow Duolingo’s strong growth in daily active users and subscription bookings, driven by the new Duolingo Max subscription service. The company demonstrated a 42% increase in bookings and a 39% rise in revenue year-over-year, highlighting its robust market presence and strategic growth initiatives. Duolingo aims to continue leveraging AI to enhance its offerings and projects a 25% growth in bookings for 2025, expecting to surpass $1 billion. The company’s strategic direction and ongoing investments in AI and content expansion are seen as pivotal for sustaining growth, according to analysts.
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