DUOL - 10% Owner of Duolingo Sold $5.08M In Stock | Benzinga
Durable Capital Partners LP, 10% Owner at Duolingo (NASDAQ:DUOL), reported a large insider sell on October 11, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that LP sold 30,000 shares of Duolingo. The total transaction amounted to $5,081,700.
Duolingo shares are trading up 0.91% at $174.58 at the time of this writing on Thursday morning.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an ...