Docebo (TSE:DCBO) Insider Mark Kosoglow Sells 1,287 Shares

Docebo Inc. (TSE:DCBO) insider Mark Kosoglow sold 1,287 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of C$32.89, for a total transaction of C$42,329.43. Following the sale, the insider directly owned 1,478 shares in the company, valued at approximately C$48,611.42. The trade was a 46.55% decrease in their position.

Docebo Stock Down 0.1%

DCBO opened at C$34.11 on Tuesday. The stock has a market capitalization of C$865.81 million, a price-to-earnings ratio of 29.66 and a beta of -0.02. The firm has a 50 day moving average price of C$27.86 and a 200-day moving average price of C$25.92. Docebo Inc. has a twelve month low of C$19.87 and a twelve month high of C$43.97. The company has a quick ratio of 3.25, a current ratio of 0.76 and a debt-to-equity ratio of -30,643.19.

Docebo (TSE:DCBO) last issued its earnings results on Friday, August 7th. The company reported C$0.50 earnings per share (EPS) for the quarter. Docebo had a net margin of 13.23% and a return on equity of 114.70%. The company had revenue of C$97.54 million for the quarter. Equities research analysts forecast that Docebo Inc. will post 1.6842684 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets lifted their price objective on Docebo from C$35.00 to C$44.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$36.00.

About Docebo

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.