Duolingo Stock Leadership

DUOL Stock

USD 103.45 3.16 3.15%

The holders, transactions, and concentration data describe Duolingo's investor base. About 94.32% of Duolingo's shares are held by institutional investors. Float and short-interest levels affect how the stock responds to volume changes.

Insider Sentiment

Mostly Selling

Selling

Buying

About 84 percent of Duolingo's insiders are selling. Overall insider positioning in Duolingo stock suggests many insiders are bearish at this time.

Latest Trades

2026-03-03	James H Shelton	Acquired 5000 @ 99.76	View
2026-02-18	Matthew Skaruppa	Disposed 3986 @ 113.52	View
2026-02-17	Stephen C Chen	Disposed 896 @ 110.06	View
2025-11-19	Severin Hacker	Disposed 10000 @ 172.74	View
2025-11-18	Natalie Glance	Disposed 2471 @ 175.79	View
2025-11-17	Matthew Skaruppa	Disposed 2799 @ 177.95	View

Insider trading activity in Duolingo reflects internal positioning, transaction timing, and alignment between management behavior and market conditions, while remaining subject to formal disclosure requirements under securities law. Comparing insider behavior with earnings, guidance, and business developments provides more reliable context than reading the transactions in isolation.

Management Team Effectiveness

DUOL has return on total asset (ROA) of 5.36 % implying that the company is running its asset base efficiently at $5.36 per $100. This is in the middle of the sector distribution. Similarly, it shows a return on stockholder's equity (ROE) of 38.13 %, implying that equity holders earned $38.13 on every $100 of investment in it.

As of earlier this week, Common Stock Shares Outstanding is approximately 45.8 M as of the latest filing. In addition to that, Net Loss is approximately -56.3 M as of the latest filing.

Stock Institutional Investors

At mid-cap scale, institutional coverage and secondary-market liquidity are typically well established. The holder split in Duolingo separates passive index allocation from active institutional positioning. Shares outstanding are near 40.4 M. The small insider stake means governance incentives come more from pay packages than direct ownership.

		Shares
Amvescap Plc.	2025-09-30	737.3 K
Foxhaven Asset Management, Lp	2025-12-31	571.8 K
State Treasurer State Of Michigan	2025-12-31	560.5 K
T. Rowe Price Associates, Inc.	2025-09-30	527.5 K
Gilder Gagnon Howe & Co Llc	2025-12-31	506.1 K
Fidelity International Ltd	2025-12-31	497.5 K
Norges Bank	2025-12-31	490.9 K
Morgan Stanley - Brokerage Accounts	2025-09-30	398.5 K
Jpmorgan Chase & Co	2025-09-30	385.5 K
Baillie Gifford & Co Limited.	2025-12-31	4.9 M
Blackrock Inc	2025-09-30	4.2 M

Duolingo mid-cap profile at 4.84 Billion shapes market structure and potential liquidity pressure during stressed periods. The business currently sits in the Technology sector and the Software—Application industry. Institutional flows, insider activity, and short interest together distinguish passive index allocation from active positioning for a mid-cap like Duolingo.

Insider Trading Activities

Insider disclosures for Duolingo show how people closest to the business are behaving as market expectations change. The goal is to tell routine pay-related sales apart from trades that reflect genuine conviction.

		Severin Hacker over three months ago Disposition of 1146 shares by Severin Hacker of Duolingo at 169.5673 subject to Rule 16 b-3
		Severin Hacker over three months ago Acquisition by Severin Hacker of 50000 shares of Duolingo subject to Rule 16 b-3
		Severin Hacker over three months ago Disposition of 109 shares by Severin Hacker of Duolingo at 322.62 subject to Rule 16 b-3
		Natalie Glance over three months ago Disposition of 160 shares by Natalie Glance of Duolingo at 177.6025 subject to Rule 16 b-3
		Natalie Glance over six months ago Disposition of 600 shares by Natalie Glance of Duolingo at 319.7567 subject to Rule 16 b-3
		Stephen Chen over six months ago Disposition of 1700 shares by Stephen Chen of Duolingo at 14.42 subject to Rule 16 b-3
		Severin Hacker over six months ago Disposition of 200 shares by Severin Hacker of Duolingo at 271.5717 subject to Rule 16 b-3
		Severin Hacker over six months ago Disposition of 60000 shares by Severin Hacker of Duolingo subject to Rule 16 b-3
		Severin Hacker over six months ago Disposition of 100 shares by Severin Hacker of Duolingo at 530.64 subject to Rule 16 b-3
		Robert Meese over six months ago Disposition of 5000 shares by Robert Meese of Duolingo at 5.0 subject to Rule 16 b-3
		Severin Hacker over a year ago Disposition of 252 shares by Severin Hacker of Duolingo at 14.42 subject to Rule 16 b-3
		Severin Hacker over a year ago Acquisition by Severin Hacker of 10000 shares of Duolingo at 14.42 subject to Rule 16 b-3

Outstanding Bonds

Corporate bonds issued by Duolingo matter because they shape interest expense, maturity risk, and the flexibility management has during tighter credit conditions. At mid-cap scale, institutional coverage and secondary-market liquidity are typically well established. Bond investors and equity investors often care about the same cash flows, but they rank the risks differently.

	MPLX LP 52 Corp Bond US55336VAL45	View
	MGM Resorts International Corp Bond US552953CD18	View
	Valero Energy Partners Corp Bond US91914JAA07	View

View All Duolingo Corporate Bonds

Corporate Filings

	17th of April 2026 Other Reports	View Verify
F4	27th of March 2026 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
13A	26th of March 2026 An amended filing to the original Schedule 13G	View Verify
F4	16th of March 2026 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
F4	4th of March 2026 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
F4	3rd of March 2026 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
10K	27th of February 2026 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance	View Verify
8K	26th of February 2026 Report filed with the SEC to announce major events that shareholders should know about	View Verify

The majority of Duolingo's outstanding shares are owned by institutional investors. These positions are typically held by large asset managers, pension funds, and index funds that manage capital on behalf of millions of clients. Institutions of this scale are required to disclose their holdings through 13F filings with the SEC, providing visibility into ownership changes each quarter.

Shares in Circulation

First Issued

2020-03-31

Previous Quarter

49 M

Current Value

49 M

Average Shares Outstanding

35.1 M

Quarterly Volatility

14.7 M

Macro event markers

Covid

Interest Hikes

Holders Distribution

A large institutional presence around Duolingo deserves attention because well-resourced participants establish or unwind positions quickly enough to change the market character of the security. This matters because getting in early on a sponsorship cycle may help, but getting caught near a large-holder exit can have the opposite effect.

Market Cap and Value

Market Cap Enterprise Value

Workforce Comparison

Duolingo sits atop the peer group for number of employees within its peer group. The total workforce of Consumer Discretionary industry is currently estimated at about 51,122. Duolingo claims roughly 900 in number of employees contributing just under 2% to market share in Consumer Discretionary space.

Workforce Capitalization Valuation Total debt Revenue

Compare Duolingo to Competition

Profit Margins

DUOL has Profit Margin (PM) of 40.0 %, which implies that the company generates enough margin to fund operations and growth. This exceeds typical sector levels. Similarly, it shows Operating Margin (OM) of 16.0 %, which means that for every $100 of revenue, operating activities generate $16.0 in income.

Current Value

Last Year

Change From Last Year

10 Year Trend

Gross Profit Margin

0.58

0.7223

Fairly Down

Stable

Insider Trading History

The insider trade history for Duolingo reveals whether executives were buying or selling during key price moves. Investors focus on trades outside normal pay timelines, as those are more likely to reflect genuine conviction.

	Buy/Sell Ratio	# Purchases Trades	# Sales Trades	Total Shares Purchased	Total Shares Sold
2026-03-01	0.36	9	25	373,005	333,425
2025-12-01	0.1739	16	92	506,552	782,014
2025-09-01	0.1379	16	116	138,078	239,525
2025-06-01	0.1867	28	150	231,247	372,087
2025-03-01	0.1534	25	163	209,512	354,973
2024-12-01	0.1429	24	168	1,194,440	1,718,170
2024-09-01	0.1047	9	86	88,124	240,685
2024-06-01	0.2404	25	104	207,018	242,076
2024-03-01	0.1667	23	138	234,964	455,243
2023-12-01	0.125	9	72	84,250	495,035
2023-09-01	0.1064	5	47	39,167	670,180
2023-06-01	0.3529	18	51	159,421	256,090
2023-03-01	0.2469	20	81	262,262	605,640
2022-12-01	1.0	28	28	847,625	520,947
2022-09-01	0.2632	5	19	535,132	2,574,934
2022-06-01	0.7857	22	28	348,990	840,932
2022-03-01	1.2642	67	53	9,384,191	8,634,250
2021-12-01	0.121	34	281	2,114,397	2,800,331
2021-09-01	0.4118	21	51	20,426,070	20,567,502

Notable Stakeholders

Stakeholders matter for Duolingo because not every influential participant is a shareholder acting with the same objective or time horizon. Connecting stakeholder presence with management behavior, governance patterns, and changes in the operating story adds depth to the analysis.

Severin Hacker	Co-Founder, CTO & Director	Profile
Luis Arellano	Co-Founder, Chairman of the Board and President & CEO	Profile
Gillian Munson	CFO	Profile
Deborah Belevan	VP of Investor Relations	Profile
Stephen Chen	General Counsel	Profile
Sam Dalsimer	Global Head of Communications	Profile
Robert Meese	Chief Business Officer	Profile
Matthew Skaruppa	Advisor	Profile
Manu Orssaud	Chief Marketing Officer	Profile
Deborah CPA	VP Relations	Profile
Natalie Glance	Chief Engineering Officer	Profile

Management Information & Data Sources

Duolingo is a mid-cap company across Diversified Consumer Services, Software - Application, Consumer Discretionary. Insider transaction activity tracks recent buying and selling by executives and directors. Changes in insider ownership are most informative when read alongside earnings trends and market conditions. CEO is Luis Arellano with 900 employees and 11 reported executives.

Duolingo metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison. Sell-side coverage, where present, supplements the data shown. Insider and management fields are mapped from published filings and company disclosures.

Editorial review and methodology oversight provided by: Michael Smolkin, Member of Macroaxis Board of Directors

Workforce Efficiency and Productivity

Workforce efficiency at Duolingo reveals how effectively labor resources are being converted into revenue and earnings over time. A disciplined workforce review can reveal whether execution quality is improving beneath the top-line numbers.

Duolingo Manpower Efficiency

Return on Duolingo Manpower

	Revenue Per Employee	1.2M
	Revenue Per Executive	94.3M
	Net Income Per Employee	460.1K
	Net Income Per Executive	37.6M
	Working Capital Per Employee	983.8K
	Working Capital Per Executive	80.5M