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Why Duolingo (DUOL) Stock Is Down Today

Investivoq PriceTracker

Duolingo (DUOL) is down 4.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be profit-taking after last week’s earnings-driven rally, rather than a single fresh negative headline. Duolingo delivered solid third-quarter results, but its fourth-quarter outlook pointed to more moderate growth, and the stock was already trading around or above several recently updated analyst targets. This could also be because investors are reacting to recent insider selling activity and an already elevated valuation.

Details:

  • Duolingo’s third-quarter results showed daily active users rising 29% year over year to 64.9 million, while revenue increased 14% to $309.0 million.
  • The company’s filing showed total bookings of $316.1 million in the quarter, and its shareholder letter said it expects fourth-quarter constant-currency growth of about 14% for bookings and 13% for revenue.
  • After earnings, multiple firms lifted price targets, but many still kept hold or neutral-style ratings, and several updated targets remained near or below where the stock had been trading after the post-results move.
  • Recent SEC filings also showed insider selling, including a November 4 sale by the general counsel under a Rule 10b5-1 trading plan, while the quarterly filing disclosed a shareholder class action filed on October 7.

    • Sources:

    SEC, Duolingo Investor Relations, TipRanks

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $DUOL Insider Trading Activity

    DUOL Insider Trades

    $DUOL insiders have traded $DUOL stock on the open market 42 times in the past 6 months. Of those trades, 0 have been purchases and 42 have been sales.

    Here’s a breakdown of recent trading of $DUOL stock by insiders over the last 6 months:

    • AHN LUIS VON (President & CEO, Co-Founder) has made 0 purchases and 13 sales selling 226,000 shares for an estimated $34,149,661.
    • WILLIAM B GORDON has made 0 purchases and 14 sales selling 20,000 shares for an estimated $2,820,580.
    • STEPHEN C. CHEN (General Counsel) has made 0 purchases and 7 sales selling 15,593 shares for an estimated $2,301,688.
    • NATALIE GLANCE (Chief Engineering Officer) has made 0 purchases and 6 sales selling 9,579 shares for an estimated $1,165,328.
    • ROBERT MEESE (Chief Business Officer) has made 0 purchases and 2 sales selling 2,774 shares for an estimated $334,109.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $DUOL Hedge Fund Activity

    We have seen 255 institutional investors add shares of $DUOL stock to their portfolio, and 208 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • AQR CAPITAL MANAGEMENT LLC added 2,222,495 shares (+2019.6%) to their portfolio in Q2 2026, for an estimated $255,631,374
    • JANE STREET GROUP, LLC removed 498,083 shares (-74.2%) from their portfolio in Q2 2026, for an estimated $57,289,506
    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 485,547 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $55,847,615
    • MORGAN STANLEY removed 447,603 shares (-46.9%) from their portfolio in Q2 2026, for an estimated $51,483,297
    • RENAISSANCE TECHNOLOGIES LLC removed 392,280 shares (-65.0%) from their portfolio in Q2 2026, for an estimated $45,120,045
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 358,498 shares (+inf%) to their portfolio in Q2 2026, for an estimated $41,234,439
    • SQUAREPOINT OPS LLC removed 322,458 shares (-99.4%) from their portfolio in Q3 2026, for an estimated $45,918,019

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $DUOL Price Targets

    Multiple analysts have issued price targets for $DUOL recently. We have seen 2 analysts offer price targets for $DUOL in the last 6 months, with a median target of $101.0.

    Here are some recent targets:

    • Alec Brondolo from Wells Fargo set a target price of $82.0 on 07/07/2026
    • Wyatt Swanson from DA Davidson set a target price of $120.0 on 06/29/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.