U.S. stock futures edge higher; earnings season continues
Severin Hacker, Chief Technology Officer and Co-Founder of Duolingo , Inc. (NASDAQ:DUOL), sold a total of 8,999 shares of Class A Common Stock on July 7, 2025. The sales were executed at prices ranging from $386.905 to $396.7317, netting Hacker approximately $3.9 million. The transaction comes as Duolingo, currently valued at $17.8 billion, has delivered an impressive 108.52% return over the past year, according to InvestingPro data.
The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted by Hacker on September 11, 2024.
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.
Following these transactions, Hacker directly owns 72 shares of Duolingo Class A Common Stock. He also indirectly owns 2,896,917 shares of Class B Common Stock through the SBH Trust dated March 10, 2020, for which Hacker serves as trustee.
In other recent news, Duolingo has been the focus of several analyst reports and corporate developments. JPMorgan raised its price target for Duolingo to $580, citing strong growth prospects and the company’s effective freemium model that converts users into subscribers. Meanwhile, Evercore ISI also increased its price target for Duolingo to $540, highlighting the company’s competitive advantages in user satisfaction and premium offerings. On the other hand, DA Davidson adjusted its price target to $500, noting that Duolingo’s daily active user growth is surpassing both consensus estimates and company guidance.
Additionally, Duolingo held its 2025 Annual Meeting of Stockholders, where shareholders approved all proposals, including the election of board nominees and the ratification of Deloitte & Touche LLP as the independent accounting firm. In terms of competition, Apple (NASDAQ:AAPL)’s announcement of a new Live Translation feature has raised concerns among investors about potential impacts on Duolingo’s services. Despite these competitive pressures, analysts remain optimistic about Duolingo’s growth, with expectations of over 20% growth in bookings and revenue. These developments reflect ongoing investor interest in Duolingo’s market position and future prospects.
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