Docebo (TSE:DCBO) Director Sells C$24,316.94 in Stock

Key Points

• Docebo Inc. Director Alessio Artuffo sold 570 shares at an average price of C$42.66, totaling C$24,316.94, reducing his stake by 2.12%.
• Docebo's stock fell by 1.6% to C$43.13, with a market capitalization of C$1.24 billion and a PE ratio of 62.51.
• Price targets for Docebo have been adjusted, with Cormark lowering its target from C$60.00 to C$55.00 and ATB Capital raising its target from C$45.00 to C$50.00.

Docebo Inc. (TSE:DCBO - Get Free Report) Director Alessio Artuffo sold 570 shares of the business's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of C$42.66, for a total value of C$24,316.94. Following the completion of the transaction, the director owned 26,326 shares in the company, valued at approximately C$1,123,101.38. This trade represents a 2.12% decrease in their position.

Docebo Stock Down 1.6%

Shares of TSE:DCBO traded down C$0.68 during trading on Tuesday, hitting C$43.13. The company's stock had a trading volume of 13,588 shares, compared to its average volume of 63,702. The company has a debt-to-equity ratio of 4.50, a quick ratio of 3.25 and a current ratio of 1.13. The company has a market capitalization of C$1.24 billion, a PE ratio of 62.51 and a beta of 0.81. Docebo Inc. has a fifty-two week low of C$35.57 and a fifty-two week high of C$75.08. The stock's 50-day moving average price is C$41.84 and its two-hundred day moving average price is C$41.29.

Analysts Set New Price Targets

Several brokerages recently weighed in on DCBO. Cormark lowered their price objective on Docebo from C$60.00 to C$55.00 in a report on Monday, May 12th. ATB Capital boosted their price objective on Docebo from C$45.00 to C$50.00 in a report on Monday, August 11th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of C$62.33.

Docebo Company 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.

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