Docebo (TSE:DCBO) Director Sells 568 Shares of Stock

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 568 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of C$34.24, for a total value of C$19,448.32. Following the transaction, the director directly owned 170,238 shares in the company, valued at approximately C$5,828,949.12. This trade represents a 0.33% decrease in their position.

Alessio Artuffo also recently made the following trade(s):

• On Tuesday, June 30th, Alessio Artuffo sold 727 shares of Docebo stock. The shares were sold at an average price of C$25.41, for a total value of C$18,473.07.
• On Tuesday, June 30th, Alessio Artuffo sold 505 shares of Docebo stock. The stock was sold at an average price of C$25.41, for a total transaction of C$12,832.05.
• On Monday, June 22nd, Alessio Artuffo sold 453 shares of Docebo stock. The shares were sold at an average price of C$23.71, for a total transaction of C$10,740.63.

Docebo Stock Performance

Shares of TSE DCBO traded down C$0.25 during mid-day trading on Tuesday, reaching C$33.86. 10,768 shares of the company were exchanged, compared to its average volume of 107,545. The stock has a market capitalization of C$859.47 million, a P/E ratio of 29.44 and a beta of -0.02. The company has a quick ratio of 3.25, a current ratio of 0.76 and a debt-to-equity ratio of -30,643.19. The company’s 50-day simple moving average is C$27.86 and its 200-day simple moving average is C$25.92. Docebo Inc. has a twelve month low of C$19.87 and a twelve month high of C$43.97.

Docebo (TSE:DCBO) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.50 earnings per share for the quarter. The firm had revenue of C$97.54 million for the quarter. Docebo had a net margin of 13.23% and a return on equity of 114.70%. As a group, research analysts predict that Docebo Inc. will post 1.6842684 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets lifted their price target on Docebo from C$35.00 to C$44.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$36.00.

About Docebo

Docebo (NASDAQ: DCBO; TSX: DCBO) is the enterprise platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop. Docebo gives organizations the tools to close skills gaps, develop talent, and perform at their best in an AI-driven world.