Baillie Gifford Amends Duolingo Stake (SC 13G/A)
Ticker: DUOL · Form: SC 13G/A · Filed: Jan 29, 2024
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, duolingo
TL;DR
**Baillie Gifford just updated their Duolingo holdings, watch for potential stock movement.**
AI Summary
Baillie Gifford & Co, a major investment management firm, filed an amended SC 13G/A on January 29, 2024, indicating a change in their ownership of Duolingo, Inc. Class A Common Stock as of December 29, 2023. This is their fifth amendment, signaling that their stake in Duolingo has likely shifted, which matters to investors as large institutional movements can influence stock perception and liquidity.
Why It Matters
Large institutional ownership changes can signal a shift in confidence from major investors, potentially impacting Duolingo's stock price and investor sentiment.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership changes and does not inherently indicate a high risk event.
Analyst Insight
Investors should monitor subsequent filings from Baillie Gifford & Co to understand the magnitude of their ownership change in Duolingo, Inc., as this filing only indicates an amendment, not the specific change in share count or percentage.
Key Players & Entities
- Baillie Gifford & Co (company) — the investment management firm filing the SC 13G/A
- Duolingo, Inc. (company) — the subject company whose Class A Common Stock is being reported
- December 29, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the date the SC 13G/A amendment was filed
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No.5)' sections.
Who is the reporting person in this filing?
The reporting person is BAILLIE GIFFORD & CO, as indicated under the 'FILED BY' section of the filing.
What is the subject company of this filing?
The subject company is Duolingo, Inc., as stated under the 'SUBJECT COMPANY' and 'Name of Issuer' sections.
What is the CUSIP number for the securities mentioned?
The CUSIP number for the Class A Common Stock of Duolingo, Inc. is 26603R106, as listed in the filing.
When was the event that required this filing?
The event which required the filing of this statement occurred on December 29, 2023, as specified under 'Date of Event Which Requires Filing of this Statement'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding Duolingo, Inc. (DUOL).