Insider Selling: Docebo (TSE:DCBO) Director Sells C$19,448.32 in Stock

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 568 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of C$34.24, for a total value of C$19,448.32. Following the completion of the transaction, the director owned 170,238 shares in the company, valued at approximately C$5,828,949.12. This trade represents a 0.33% decrease in their ownership of the stock.

Alessio Artuffo also recently made the following trade(s):

• On Tuesday, June 30th, Alessio Artuffo sold 727 shares of Docebo stock. The shares were sold at an average price of C$25.41, for a total value of C$18,473.07.
• On Tuesday, June 30th, Alessio Artuffo sold 505 shares of Docebo stock. The shares were sold at an average price of C$25.41, for a total value of C$12,832.05.
• On Monday, June 22nd, Alessio Artuffo sold 453 shares of Docebo stock. The shares were sold at an average price of C$23.71, for a total value of C$10,740.63.

Docebo Trading Up 2.5%

Shares of TSE:DCBO opened at C$35.07 on Friday. The stock has a market capitalization of C$890.18 million, a price-to-earnings ratio of 30.50 and a beta of -0.02. The company has a debt-to-equity ratio of -30,643.19, a quick ratio of 3.25 and a current ratio of 0.76. The stock’s 50-day simple moving average is C$28.49 and its two-hundred day simple moving average is C$26.10. Docebo Inc. has a 52-week low of C$19.87 and a 52-week high of C$43.97.

Docebo (TSE:DCBO) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.50 EPS for the quarter. Docebo had a net margin of 13.23% and a return on equity of 114.70%. The firm had revenue of C$97.54 million during the quarter. Analysts expect that Docebo Inc. will post 1.6842684 EPS for the current year.

Analyst Upgrades and Downgrades

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

Docebo Company Profile

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.