13,854 Shares in Docebo Inc. (NASDAQ:DCBO) Bought by Jane Street Group LLC

Jane Street Group LLC acquired a new position in Docebo Inc. (NASDAQ:DCBO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 13,854 shares of the company's stock, valued at approximately $621,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in shares of Docebo by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 40,903 shares of the company's stock worth $1,832,000 after buying an additional 360 shares during the period. Grandeur Peak Global Advisors LLC grew its position in shares of Docebo by 3.6% in the fourth quarter. Grandeur Peak Global Advisors LLC now owns 11,525 shares of the company's stock valued at $517,000 after purchasing an additional 400 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Docebo by 46.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,983 shares of the company's stock valued at $134,000 after purchasing an additional 949 shares during the last quarter. Advisory Services Network LLC grew its position in shares of Docebo by 10.5% in the fourth quarter. Advisory Services Network LLC now owns 16,065 shares of the company's stock valued at $720,000 after purchasing an additional 1,526 shares during the last quarter. Finally, Jump Financial LLC grew its position in shares of Docebo by 33.3% in the fourth quarter. Jump Financial LLC now owns 8,320 shares of the company's stock valued at $372,000 after purchasing an additional 2,080 shares during the last quarter. 53.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Morgan Stanley downgraded Docebo from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $41.00 to $32.00 in a research report on Monday, May 12th. Needham & Company LLC reaffirmed a "buy" rating and set a $42.00 price objective on shares of Docebo in a report on Thursday, April 10th. National Bankshares decreased their price objective on Docebo from $55.00 to $45.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. Scotiabank decreased their price objective on Docebo from $45.00 to $40.00 and set a "sector outperform" rating on the stock in a report on Monday, May 12th. Finally, Atb Cap Markets cut shares of Docebo from a "strong-buy" rating to a "hold" rating in a research note on Sunday, May 11th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Docebo presently has a consensus rating of "Moderate Buy" and a consensus target price of $45.43.

Docebo Trading Down 0.1%

DCBO traded down $0.02 during trading on Friday, reaching $26.97. 121,344 shares of the company's stock were exchanged, compared to its average volume of 81,243. Docebo Inc. has a fifty-two week low of $25.50 and a fifty-two week high of $53.86. The firm has a market capitalization of $799.20 million, a PE ratio of 46.50 and a beta of 1.57. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.13 and a current ratio of 1.13. The company's fifty day moving average price is $28.92 and its 200-day moving average price is $37.51.

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.