Docebo Inc. (NASDAQ:DCBO) Announces Special Dividend of C$2.42

Docebo Inc. (NASDAQ:DCBO) announced a special dividend on Friday, November 6th. Stockholders of record on Monday, November 16th will be paid a dividend of C$2.42 per share on Monday, November 30th. The ex-dividend date is Monday, November 16th.

Docebo Trading Down 4.7%

Shares of NASDAQ:DCBO traded down $1.43 during trading on Friday, reaching $28.97. The company’s stock had a trading volume of 230,588 shares, compared to its average volume of 130,585. Docebo has a 12 month low of $14.39 and a 12 month high of $31.94. The firm’s 50 day simple moving average is $26.01 and its two-hundred day simple moving average is $20.63. The stock has a market capitalization of $723.55 million, a PE ratio of 25.41 and a beta of 1.18.

Docebo (NASDAQ:DCBO) last released its quarterly earnings results on Friday, November 6th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.44 by $0.02. Docebo had a return on equity of 120.29% and a net margin of 12.98%. Research analysts anticipate that Docebo will post 1.45 EPS for the current fiscal year.

Institutional Trading of Docebo

Several institutional investors and hedge funds have recently modified their holdings of the stock. TD Waterhouse Canada Inc. boosted its holdings in shares of Docebo by 4.4% in the third quarter. TD Waterhouse Canada Inc. now owns 44,535 shares of the company’s stock valued at $981,000 after purchasing an additional 1,894 shares during the period. Engineers Gate Manager LP grew its stake in Docebo by 25.4% in the second quarter. Engineers Gate Manager LP now owns 61,170 shares of the company’s stock worth $1,094,000 after purchasing an additional 12,400 shares in the last quarter. Allworth Financial LP purchased a new position in Docebo during the 2nd quarter worth $52,000. K2 Principal Fund L.P. purchased a new position in Docebo during the 2nd quarter worth $303,000. Finally, State of Wyoming bought a new stake in Docebo during the 2nd quarter valued at $137,000. Institutional investors own 53.17% of the company’s stock.

Docebo Company Profile

Docebo Inc develops learning management and learning technology solutions for businesses and other organizations. Its cloud-based platform is designed to help companies create, manage, deliver and measure training for employees, customers, partners and other learners.

The Docebo Learning Platform includes tools for course administration, content delivery, artificial intelligence-supported learning, reporting and analytics, and integrations with other enterprise software. The company also offers capabilities for creating and managing learning content, supporting instructor-led and virtual training, and delivering extended-enterprise education programs.

Founded in 2005 by Claudio Erba, Docebo is headquartered in Toronto, Canada, and serves organizations internationally.