Docebo (TSE:DCBO) Director Alessio Artuffo Sells 570 Shares

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 570 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of C$42.66, for a total transaction of C$24,316.94. Following the completion of the sale, the director directly owned 26,326 shares of the company’s stock, valued at approximately C$1,123,101.38. This represents a 2.12% decrease in their ownership of the stock.

Docebo Price Performance

DCBO stock opened at C$42.95 on Wednesday. Docebo Inc. has a 1 year low of C$35.57 and a 1 year high of C$75.08. The company has a market cap of C$1.23 billion, a P/E ratio of 62.25 and a beta of 0.81. The firm has a 50-day moving average of C$41.91 and a 200 day moving average of C$41.31. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.13 and a quick ratio of 3.25.

Wall Street Analyst Weigh In

Separately, ATB Capital increased their price objective on Docebo from C$45.00 to C$50.00 in a report on Monday, August 11th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$62.33.

Docebo Company Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.