Mark Kosoglow Sells 1,287 Shares of Docebo (TSE:DCBO) Stock

Docebo Inc. (TSE:DCBO) insider Mark Kosoglow sold 1,287 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of C$32.89, for a total transaction of C$42,329.43. Following the transaction, the insider owned 1,478 shares in the company, valued at approximately C$48,611.42. This trade represents a 46.55% decrease in their ownership of the stock.

Docebo Stock Up 0.6%

DCBO stock opened at C$34.30 on Wednesday. The company has a fifty day moving average price of C$28.07 and a 200 day moving average price of C$25.98. Docebo Inc. has a 12 month low of C$19.87 and a 12 month high of C$43.97. The company has a market cap of C$870.64 million, a price-to-earnings ratio of 29.83 and a beta of -0.02. The company has a debt-to-equity ratio of -30,643.19, a current ratio of 0.76 and a quick ratio of 3.25.

Docebo (TSE:DCBO) last issued its quarterly earnings data on Friday, August 7th. The company reported C$0.50 earnings per share (EPS) for the quarter. The company 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%. Sell-side analysts expect that Docebo Inc. will post 1.6842684 earnings per share for the current year.

Analysts Set New Price Targets

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