Docebo (TSE:DCBO) Insider Sells C$42,329.43 in Stock

Docebo Inc. (TSE:DCBO) insider Mark Kosoglow sold 1,287 shares of the company’s stock in a transaction on 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 completion of the sale, the insider owned 1,478 shares of the company’s stock, valued at C$48,611.42. This represents a 46.55% decrease in their ownership of the stock.

Docebo Stock Performance

Shares of Docebo stock opened at C$34.21 on Thursday. The firm has a market cap of C$868.35 million, a P/E ratio of 29.75 and a beta of -0.02. 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. Docebo Inc. has a 12 month low of C$19.87 and a 12 month high of C$43.97. The stock’s fifty day moving average price is C$28.27 and its 200-day moving average price is C$26.04.

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

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets boosted their price target 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, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target 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.