Baillie Gifford reduced its Duolingo stake by selling 269,404 shares on September 30, 2026, according to a report dated October 27. The sale cut the investment manager’s position by 5.58%, leaving it with 4,554,894 shares of the language-learning company.

Duolingo stake after the sale

The transaction was reported at a price of $142.40 per share. After the sale, Baillie Gifford’s remaining holding represented 11.30% of Duolingo’s shares outstanding and 0.59% of the firm’s portfolio.

The sale reduced the position rather than eliminating it. Duolingo shares were quoted at $138.60 as of October 27, down 2.67% from the transaction date.

What Duolingo does

Duolingo operates a mobile and web learning platform best known for its language lessons. It also offers an English language assessment and products for literacy, mathematics and classroom use.

The company earns revenue from subscriptions, advertising, the Duolingo English Test and in-app purchases. The United States is its largest single market.

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