Docebo (TSE:DCBO) Director Alessio Artuffo Sells 568 Shares

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 568 shares of the stock in a transaction dated Monday, August 24th. The shares were 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 directly owned 170,238 shares in the company, valued at C$5,828,949.12. This 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 stock was 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 stock was 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 stock was sold at an average price of C$23.71, for a total value of C$10,740.63.

Docebo Price Performance

Shares of TSE DCBO opened at C$34.30 on Wednesday. Docebo Inc. has a 52 week low of C$19.87 and a 52 week high of C$43.97. The business’s 50 day moving average price is C$28.07 and its 200 day moving average price is C$25.98. 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. The firm has a market cap of C$870.64 million, a P/E ratio of 29.83 and a beta of -0.02.

Docebo (TSE:DCBO) last posted its quarterly 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 during the quarter. On average, sell-side analysts expect that Docebo Inc. will post 1.6842684 earnings per share for the current year.

Wall Street Analyst Weigh In

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