Duolingo Inc’s recent filing unveils that its Chief Tech Officer, Co-Founder Hacker Severin unloaded Company’s shares for reported $3.34 million on Jan 21 ’25. In the deal valued at $333.95 per share,10,000 shares were sold. As a result of this transaction, Hacker Severin now holds 72 shares worth roughly $26239.68.
Then, von Ahn Luis sold 8,000 shares, generating $2,568,015 in total proceeds. Upon selling the shares at $321.00, the President & CEO, Co-Founder now owns 0 shares.
Before that, Skaruppa Matthew sold 4,464 shares. Duolingo Inc shares valued at $1,399,698 were divested by the Chief Financial Officer at a price of $313.55 per share. As a result of the transaction, Skaruppa Matthew now holds 63,266 shares, worth roughly $23.06 million.
Jefferies initiated its Duolingo Inc [DUOL] rating to a Hold in a research note published on January 24, 2025; the price target was $370. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. BofA Securities also remained covering DUOL and has decreased its forecast on December 11, 2024 with a “Neutral” recommendation from previously “Buy” rating. Scotiabank started covering the stock on December 05, 2024. It rated DUOL as “a Sector outperform”.
Price Performance Review of DUOL
On Monday, Duolingo Inc [NASDAQ:DUOL] saw its stock jump 0.12% to $364.44. Over the last five days, the stock has gained 11.51%. Duolingo Inc shares have risen nearly 12.40% since the year began. Nevertheless, the stocks have risen 103.72% over the past one year. While a 52-week high of $378.48 was reached on 01/30/25, a 52-week low of $145.05 was recorded on 01/13/25. SMA at 50 days reached $341.80, while 200 days put it at $254.51.
Levels Of Support And Resistance For DUOL Stock
The 24-hour chart illustrates a support level at 355.68, which if violated will result in even more drops to 346.92. On the upside, there is a resistance level at 369.52. A further resistance level may holdings at 374.60. The Relative Strength Index (RSI) on the 14-day chart is 63.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 21.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.69%. Stochastics %K at 89.20% indicates the stock is a selling.
How much short interest is there in Duolingo Inc?
A steep rise in short interest was recorded in Duolingo Inc stocks on 2025-01-15, growing by 0.14 million shares to a total of 1.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.22 million shares. There was a rise of 10.32%, which implies that there is a positive sentiment for the stock.
