Duolingo Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BMV:DUOL * Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
15 Nov 24	SellMex$19,027,091	Natalie Glance	Individual	3,021	Mex$6,298.28
15 Nov 24	SellMex$10,234,698	Robert Meese	Individual	1,625	Mex$6,298.28
15 Nov 24	SellMex$20,689,836	Matthew Skaruppa	Individual	3,285	Mex$6,298.28
15 Nov 24	SellMex$7,866,547	Stephen Chen	Individual	1,249	Mex$6,298.28
15 Aug 24	SellMex$11,242,855	Natalie Glance	Individual	3,022	Mex$3,720.34
15 Aug 24	SellMex$12,217,583	Matthew Skaruppa	Individual	3,284	Mex$3,720.34
15 Aug 24	SellMex$4,646,699	Stephen Chen	Individual	1,249	Mex$3,720.34
15 Aug 24	SellMex$6,041,825	Robert Meese	Individual	1,624	Mex$3,720.34

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of DUOL *?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	299	0.000693%
General Public	1,124,818	2.61%
Hedge Funds	3,105,148	7.2%
Individual Insiders	6,484,162	15%
Institutions	32,407,691	75.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5%.

Top Shareholders

Top 25 shareholders own 75.16% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.24%	BlackRock, Inc.	3,983,597	Mex$11.8b	59.5%	0.01%
8.2%	Baillie Gifford & Co.	3,537,468	Mex$10.5b	-1.56%	0.28%
7.86%	The Vanguard Group, Inc.	3,387,433	Mex$10.1b	2.02%	0.01%
7.2%	Durable Capital Partners, LP	3,105,148	Mex$9.2b	-2.82%	4.63%
7.16%	Luis von Ahn Arellano	3,089,231	Mex$9.2b	0%	no data
7.07%	Severin Hacker	3,048,719	Mex$9.1b	-0.65%	no data
3.27%	FMR LLC	1,411,651	Mex$4.2b	51.6%	0.02%
2.96%	Whale Rock Capital Management LLC	1,275,189	Mex$3.8b	23.9%	3.02%
2.05%	AllianceBernstein L.P.	886,111	Mex$2.6b	2,410%	0.05%
1.86%	Gilder Gagnon Howe & Co. LLC	802,200	Mex$2.4b	1.22%	1.82%
1.72%	Geode Capital Management, LLC	742,246	Mex$2.2b	3.55%	0.01%
1.67%	Foxhaven Asset Management, LP	722,068	Mex$2.1b	-5.85%	3.49%
1.64%	T. Rowe Price Group, Inc.	709,292	Mex$2.1b	3.73%	0.01%
1.61%	State Street Global Advisors, Inc.	692,154	Mex$2.1b	2.15%	no data
1.45%	Two Sigma Advisers, LP	625,000	Mex$1.9b	-7.48%	0.26%
1.3%	Lord, Abbett & Co. LLC	561,788	Mex$1.7b	-11.7%	0.32%
1.23%	Invesco Ltd.	531,615	Mex$1.6b	-2.25%	0.03%
1.14%	Two Sigma Investments, LP	490,128	Mex$1.5b	-13.9%	0.22%
1.05%	Renaissance Technologies LLC	451,700	Mex$1.3b	43.9%	0.13%
1.03%	Acadian Asset Management LLC	445,256	Mex$1.3b	-1.57%	0.21%
0.99%	D. E. Shaw & Co., L.P.	425,261	Mex$1.3b	-56.1%	0.11%
0.92%	American Century Investment Management Inc	398,790	Mex$1.2b	35.6%	0.04%
0.86%	Norges Bank Investment Management	370,474	Mex$1.1b	0%	0.01%
0.84%	AGF Management Limited	360,678	Mex$1.1b	72.7%	0.31%
0.83%	Carnegie Mellon University Endowment Arm	358,314	Mex$1.1b	-1.1%	98.6%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/28 07:44
End of Day Share Price	2024/02/29 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Duolingo, Inc. is covered by 31 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ishan Majumdar	Baptista Research
Ross Sandler	Barclays
X. Lu	Barclays