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Renaissance Group sold Duolingo shares, joining recent sales by the company's CEO and CFO.
Renaissance Group LLC sold 1,573 shares of Duolingo, Inc. in the fourth quarter, reducing their holdings to 17,490 shares worth $5,671,000.
Duolingo's CEO and CFO also sold significant shares recently.
The company offers language courses through its app and reported a net margin of 12.59% in its latest earnings, though it missed analysts' expectations.
Institutional investors hold an average of 18.3% of Duolingo's stock.
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Renaissance Group vendió acciones de Duolingo, uniéndose a ventas recientes del CEO de la compañía y CFO.