Duolingo Insider Unloads $3.4mln Shares Amidst SEC Filing

Duolingo, a technology company, has disclosed that an insider sold shares worth $3,445,587 in a recent SEC filing. The company operates a mobile learning platform and digital language proficiency assessment exam, with solutions including the Duolingo App, Super Duolingo, and Duolingo English Test.

An insider at Duolingo, Inc. (NASDAQ: DUOL) sold shares worth $3,445,587 in a recent SEC filing, as disclosed on August 5, 2025. The transaction involved 10,000 shares of the company's stock, sold at an average price of $344.41 per share [1]. This sale represents a significant decrease in the insider's position, with the insider directly owning 72 shares valued at approximately $24,797.52 post-sale [1].

Duolingo operates a mobile learning platform and digital language proficiency assessment exam, offering solutions such as the Duolingo App, Super Duolingo, and Duolingo English Test. The company reported strong financial performance for the quarter ending June 30, 2025, with $252.27 million in revenue and an earnings per share of $0.91, exceeding analysts' expectations [1]. The stock's performance has been robust, with a 12-month high of $544.93 and a 12-month low of $198.33 [1].

However, recent concerns about user engagement have led to a decrease in the stock's price. On July 28, 2025, JMP Securities lowered its price target on Duolingo stock to $450 from $475, citing concerns about slowing user engagement ahead of the company's second-quarter earnings report [2]. The stock price fell $23.60 per share, or 6.48%, to close at $340.49 per share on that day [2].

Despite the recent sell-off, institutional investors continue to show strong interest in Duolingo, with 91.59% of the stock owned by such entities [1]. The company's growth potential and strong financial performance may attract further investment, despite the recent insider sale.

References:
[1] https://www.marketbeat.com/instant-alerts/rep-lisa-c-mcclain-sells-duolingo-inc-nasdaqduol-shares-2025-08-17/
[2] https://markets.financialcontent.com/wral/article/gnwcq-2025-8-21-investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-duolingo-inc-duol