Insider Selling: Docebo (TSE:DCBO) Insider Sells 367 Shares

Docebo Inc. (TSE:DCBO) insider Lauren Anne Tropeano sold 367 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of C$33.60, for a total value of C$12,331.20. Following the completion of the transaction, the insider directly owned 2,236 shares in the company, valued at approximately C$75,129.60. The trade was a 14.10% decrease in their ownership of the stock.

Docebo Stock Down 0.1%

Shares of DCBO traded down C$0.03 during midday trading on Tuesday, reaching C$34.89. 14,112 shares of the stock were exchanged, compared to its average volume of 103,433. The company has a market cap of C$870.44 million, a price-to-earnings ratio of 30.34 and a beta of 0.28. The company has a quick ratio of 3.25, a current ratio of 0.76 and a debt-to-equity ratio of -30,643.19. Docebo Inc. has a 12-month low of C$19.87 and a 12-month high of C$42.52. The firm has a 50 day simple moving average of C$30.77 and a 200-day simple moving average of C$26.93.

Docebo (TSE:DCBO) last announced its quarterly earnings results on Friday, August 7th. The company reported C$0.50 EPS for the quarter. Docebo had a return on equity of 114.70% and a net margin of 13.23%.The business had revenue of C$97.54 million during the quarter. Research analysts forecast 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.com, the company has an average rating of “Buy” and an average target price of C$36.00.

Docebo Company Profile

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.