Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Duolingo Inc shares valued at $470,043 were sold by Glance Natalie on Nov 06 ’24. At $313.36 per share, Glance Natalie sold 1,500 shares. The insider’s holdings dropped to 136,760 shares worth approximately $44.23 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, NATALIE GLANCE purchased 3,000 shares, netting a total of over 909,000 in proceeds.
Before that, Skaruppa Matthew had sold 14,000 shares from its account. In a trade valued at $4,105,426, the Chief Financial Officer traded Duolingo Inc shares for $293.24 each. Upon closing the transaction, the insider’s holdings decreased to 14,000 shares, worth approximately $28.74 million.
As published in a research note from Seaport Research Partners on November 07, 2024, Duolingo Inc [DUOL] has been rated down from a Buy to a Neutral. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid October. As of September 25, 2024, Needham has reiterated its “Buy” rating for DUOL. Earlier on July 26, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for DUOL stock which previously was a “a Neutral”.
Analyzing DUOL Stock Performance
During the last five days, there has been a surge of approximately 1.44%. Over the course of the year, Duolingo Inc shares have jumped approximately 42.57%. Shares of the company reached a 52-week high of $330.61 on 11/08/24 and a 52-week low of $145.05 on 08/05/24. A 50-day SMA is recorded $277.45, while a 200-day SMA reached $219.11. Nevertheless, trading volume fell to 0.51 million shares from 0.48 million shares the previous day.
Support And Resistance Levels for Duolingo Inc (DUOL)
According to the 24-hour chart, there is a support level at 316.51, which, if violated, would cause prices to drop to 309.58. In the upper region, resistance lies at 329.77. The next price resistance is at 336.11. RSI (Relative Strength Index) is 67.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 13.34, which suggests the price will increase in the coming days. Percent R is at 14.92%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
