Insider Selling: Docebo (TSE:DCBO) Director Sells C$10,740.63 in Stock

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 453 shares of Docebo stock in a transaction on Monday, June 22nd. The shares were sold at an average price of C$23.71, for a total value of C$10,740.63. Following the completion of the transaction, the director owned 35,785 shares in the company, valued at C$848,462.35. The trade was a 1.25% decrease in their position.

Docebo Trading Down 1.7%

TSE:DCBO traded down C$0.41 on Thursday, hitting C$23.98. 29,521 shares of the stock were exchanged, compared to its average volume of 122,479. The stock has a fifty day moving average of C$24.71 and a 200-day moving average of C$26.07. The stock has a market cap of C$608.68 million, a PE ratio of 20.50 and a beta of 0.04. The company has a current ratio of 0.79, a quick ratio of 3.25 and a debt-to-equity ratio of -13,603.61. Docebo Inc. has a fifty-two week low of C$19.87 and a fifty-two week high of C$45.62.

Docebo (TSE:DCBO) last issued its earnings results on Friday, May 8th. The company reported C$0.47 earnings per share (EPS) for the quarter. Docebo had a return on equity of 90.80% and a net margin of 13.90%.The business had revenue of C$91.23 million during the quarter. As a group, equities analysts expect that Docebo Inc. will post 1.6842684 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DCBO has been the subject of a number of analyst reports. TD Securities decreased their price objective on shares of Docebo from C$37.00 to C$28.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. ATB Cormark Capital Markets lifted their target price on Docebo from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$32.00.

About Docebo

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.