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

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

Docebo Stock Performance

Shares of Docebo stock traded up C$0.09 on Monday, hitting C$34.22. The stock had a trading volume of 32,655 shares, compared to its average volume of 108,025. Docebo Inc. has a 52-week low of C$19.87 and a 52-week high of C$43.97. The company has a current ratio of 0.76, a quick ratio of 3.25 and a debt-to-equity ratio of -30,643.19. The stock has a market cap of C$868.61 million, a price-to-earnings ratio of 29.76 and a beta of -0.02. The company’s 50 day moving average price is C$27.69 and its 200 day moving average price is C$25.87.

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

Analysts Set New Price Targets

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