Duolingo president & CEO Luis von Ahn sells $16.7 million in stock

Pittsburgh, Pennsylvania – The CEO and co-founder of Duolingo, Luis von Ahn, sold roughly $16.7 million worth of Class A Common Stock on October 7, 2026. The stock options Mr. von Ahn exercised allowed him to dispose of 110,046 shares, which were sold in multiple transactions at prices ranging from $150.6319 to $153.2611 per share. These sales were conducted as part of a pre-arranged Rule 10b5-1 trading plan adopted on June 2, 2026.

Despite a 54% decline in Duolingo shares over the past year, the stock currently trades at $149.92, marking a 67% recovery in the last six months. InvestingPro analysis suggests the stock is undervalued at the present price point, and Duolingo maintains a strong financial health score of 3.58.

Before executing the sales, Mr. von Ahn had acquired the same number of Class A Common Stock shares on October 7, 2026, by exercising stock options at a price of $38.08 per share, amounting to a total cost of approximately $4.19 million. These options were fully vested and exercisable.

Recent developments have also boosted Duolingo's stock value, with analyst firms offering optimistic projections. Evercore ISI upgraded Duolingo's rating to "Outperform," raising the price target to $210, while DA Davidson maintained a "Buy" rating, increasing its price target from $160 to $175. Both firms have highlighted strong user growth, with daily active user trends projected to grow by 26.0% to 28.0% year-over-year for the third quarter.

Duolingo's stock appears to have promising prospects based on user activity and product enhancements.