Fiera Capital Corp Has $374,000 Holdings in Docebo Inc. (NASDAQ:DCBO)

Fiera Capital Corp lessened its stake in shares of Docebo Inc. (NASDAQ:DCBO - Free Report) by 68.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,998 shares of the company's stock after selling 28,717 shares during the quarter. Fiera Capital Corp's holdings in Docebo were worth $374,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DCBO. Geode Capital Management LLC grew its stake 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 purchasing an additional 360 shares during the last quarter. Grandeur Peak Global Advisors LLC grew its stake 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 worth $517,000 after purchasing an additional 400 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Docebo by 46.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,983 shares of the company's stock valued at $134,000 after acquiring an additional 949 shares during the last quarter. Advisory Services Network LLC boosted its position in Docebo by 10.5% during the fourth quarter. Advisory Services Network LLC now owns 16,065 shares of the company's stock valued at $720,000 after acquiring an additional 1,526 shares during the last quarter. Finally, Jump Financial LLC grew its holdings in Docebo by 33.3% during the 4th quarter. Jump Financial LLC now owns 8,320 shares of the company's stock worth $372,000 after acquiring an additional 2,080 shares during the period. Institutional investors own 53.17% of the company's stock.

Wall Street Analyst Weigh In

DCBO has been the subject of a number of recent analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $42.00 price target on shares of Docebo in a report on Thursday, April 10th. Wall Street Zen downgraded Docebo from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Scotiabank decreased their price target on Docebo from $45.00 to $40.00 and set a "sector outperform" rating for the company in a report on Monday, May 12th. National Bank Financial downgraded Docebo from an "outperform" rating to a "sector perform" rating in a report on Friday, May 9th. Finally, Morgan Stanley downgraded Docebo from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $41.00 to $32.00 in a report on Monday, May 12th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Docebo has an average rating of "Moderate Buy" and an average price target of $44.13.

Docebo Price Performance

Shares of DCBO stock traded down $0.31 on Friday, reaching $29.99. 90,003 shares of the company were exchanged, compared to its average volume of 52,636. The company has a market cap of $863.71 million, a price-to-earnings ratio of 40.53 and a beta of 1.48. The company has a 50-day moving average of $28.44 and a 200-day moving average of $31.86. Docebo Inc. has a one year low of $25.50 and a one year high of $53.86.

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.