AYAL Capital Advisors Ltd Has $5.63 Million Stock Holdings in Docebo Inc. (NASDAQ:DCBO)

AYAL Capital Advisors Ltd lessened its stake in shares of Docebo Inc. (NASDAQ:DCBO - Free Report) by 11.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 125,700 shares of the company's stock after selling 15,886 shares during the period. Docebo comprises 1.5% of AYAL Capital Advisors Ltd's investment portfolio, making the stock its 19th largest holding. AYAL Capital Advisors Ltd owned about 0.42% of Docebo worth $5,628,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DCBO. Long Path Partners LP raised its holdings in shares of Docebo by 1.2% during the fourth quarter. Long Path Partners LP now owns 740,055 shares of the company's stock valued at $33,132,000 after acquiring an additional 8,756 shares during the period. Hillsdale Investment Management Inc. raised its stake in Docebo by 207.6% during the 4th quarter. Hillsdale Investment Management Inc. now owns 611,085 shares of the company's stock valued at $27,372,000 after purchasing an additional 412,403 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Docebo by 44.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 435,548 shares of the company's stock valued at $19,504,000 after purchasing an additional 134,867 shares in the last quarter. Artisan Partners Limited Partnership acquired a new stake in shares of Docebo in the fourth quarter worth $17,163,000. Finally, American Century Companies Inc. grew its holdings in shares of Docebo by 27.6% during the fourth quarter. American Century Companies Inc. now owns 337,777 shares of the company's stock valued at $15,147,000 after buying an additional 73,149 shares in the last quarter. 53.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DCBO. Morgan Stanley dropped their target price on Docebo from $43.00 to $41.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. National Bankshares cut their target price on shares of Docebo from $55.00 to $45.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Atb Cap Markets upgraded shares of Docebo from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th. Needham & Company LLC reissued a "buy" rating and set a $42.00 price objective on shares of Docebo in a research report on Thursday, April 10th. Finally, UBS Group set a $45.00 target price on shares of Docebo in a research report on Tuesday, March 4th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Docebo presently has an average rating of "Buy" and a consensus price target of $50.45.

Docebo Stock Performance

Shares of NASDAQ DCBO traded up $0.65 during trading hours on Thursday, hitting $33.39. 31,195 shares of the company's stock were exchanged, compared to its average volume of 84,070. The company's 50-day moving average price is $30.18 and its 200-day moving average price is $40.06. Docebo Inc. has a 1-year low of $26.00 and a 1-year high of $53.86. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 57.56 and a beta of 1.57. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.13 and a quick ratio of 1.13.

Docebo Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.