Duolingo Inc’s filing revealed that its Chief Tech Officer, Co-Founder Hacker Severin unloaded Company’s shares for reported $3.37 million on Dec 19 ’24. In the deal valued at $336.82 per share,10,000 shares were sold. As a result of this transaction, Hacker Severin now holds 72 shares worth roughly $23414.399999999998.
Then, SEVERIN HACKER bought 60,000 shares, generating $19,968,600 in total proceeds.
Before that, Skaruppa Matthew sold 14,250 shares. Duolingo Inc shares valued at $4,951,050 were divested by the Chief Financial Officer at a price of $347.44 per share. As a result of the transaction, Skaruppa Matthew now holds 67,730 shares, worth roughly $22.03 million.
Needham reiterated its Duolingo Inc [DUOL] rating to a Buy in a research note published on December 19, 2024; the price target was $385. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Neutral”. Scotiabank began covering DUOL with “Sector outperform” recommendation on December 05, 2024. Seaport Research Partners revised its rating on November 07, 2024. It rated DUOL as “a Neutral” which previously was an “a Buy”.
Price Performance Review of DUOL
On Monday, Duolingo Inc [NASDAQ:DUOL] saw its stock fall -2.44% to $325.20. Over the last five days, the stock has lost -4.95%. Duolingo Inc shares have risen nearly 43.35% since the year began. Nevertheless, the stocks have risen 39.52% over the past one year. While a 52-week high of $378.48 was reached on 12/05/24, a 52-week low of $145.05 was recorded on 08/05/24. SMA at 50 days reached $326.44, while 200 days put it at $241.62.
Levels Of Support And Resistance For DUOL Stock
The 24-hour chart illustrates a support level at 321.16, which if violated will result in even more drops to 317.13. On the upside, there is a resistance level at 329.32. A further resistance level may holdings at 333.44. The Relative Strength Index (RSI) on the 14-day chart is 42.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.42%. Stochastics %K at 28.20% indicates the stock is a holding.
How much short interest is there in Duolingo Inc?
A steep rise in short interest was recorded in Duolingo Inc stocks on 2024-12-13, dropping by -0.2 million shares to a total of 1.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.43 million shares. There was a decline of -16.59%, which implies that there is a negative sentiment for the stock.
