In a filing, Duolingo Inc revealed its Chief Financial Officer Skaruppa Matthew unloaded Company’s shares for reported $1.62 million on Jan 02 ’25. In the deal valued at $324.48 per share,5,000 shares were sold. As a result of this transaction, Skaruppa Matthew now holds 67,730 shares worth roughly $22.81 million.
Then, Hacker Severin sold 10,000 shares, generating $3,368,203 in total proceeds. Upon selling the shares at $336.82, the Chief Tech Officer, Co-Founder now owns 72 shares.
Before that, SEVERIN HACKER bought 60,000 shares. Duolingo Inc shares valued at $19,968,600 were divested by the Director at a price of $332.81 per share.
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 -0.98% to $336.72. Over the last five days, the stock has gained 1.01%. Duolingo Inc shares have risen nearly 3.85% since the year began. Nevertheless, the stocks have risen 63.71% over the past one year. While a 52-week high of $378.48 was reached on 01/06/25, a 52-week low of $145.05 was recorded on 01/02/25. SMA at 50 days reached $330.27, while 200 days put it at $243.78.
Levels Of Support And Resistance For DUOL Stock
The 24-hour chart illustrates a support level at 330.31, which if violated will result in even more drops to 323.91. On the upside, there is a resistance level at 345.08. A further resistance level may holdings at 353.45. The Relative Strength Index (RSI) on the 14-day chart is 50.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.06%. Stochastics %K at 36.87% 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.
