Docebo (TSE:DCBO) Director Sells C$18,473.07 in Stock

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 727 shares of Docebo stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of C$25.41, for a total value of C$18,473.07. Following the transaction, the director owned 36,656 shares of the company’s stock, valued at C$931,428.96. This represents a 1.94% decrease in their ownership of the stock.

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

• 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 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 traded up C$0.10 during trading on Monday, reaching C$25.90. The company had a trading volume of 23,315 shares, compared to its average volume of 118,778. The company has a current ratio of 0.79, a quick ratio of 3.25 and a debt-to-equity ratio of -13,603.61. Docebo Inc. has a twelve month low of C$19.87 and a twelve month high of C$45.62. The stock has a 50-day moving average price of C$24.95 and a two-hundred day moving average price of C$25.82. The stock has a market capitalization of C$657.42 million, a PE ratio of 22.14 and a beta of -0.04.

Docebo (TSE:DCBO) last posted its quarterly earnings data on Friday, May 8th. The company reported C$0.47 EPS for the quarter. The firm had revenue of C$91.23 million during the quarter. Docebo had a return on equity of 90.80% and a net margin of 13.90%. As a group, sell-side analysts predict that Docebo Inc. will post 1.6842684 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets raised their target price on shares of Docebo from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$32.00.

About Docebo

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.