Insider Selling: Docebo (TSE:DCBO) Director Sells 727 Shares

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 727 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of C$25.41, for a total transaction of C$18,473.07. Following the transaction, the director owned 36,656 shares in the company, valued at approximately C$931,428.96. The trade was 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 stock was sold at an average price of C$25.41, for a total transaction 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 transaction of C$10,740.63.

Docebo Trading Up 0.4%

Shares of DCBO traded up C$0.10 during mid-day 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 stock has a market cap of C$657.42 million, a price-to-earnings ratio of 22.14 and a beta of -0.04. The firm has a fifty day simple moving average of C$24.95 and a 200-day simple moving average of C$25.82. Docebo Inc. has a fifty-two week low of C$19.87 and a fifty-two week high of C$45.62. 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 (TSE:DCBO) last released its quarterly earnings data on Friday, May 8th. The company reported C$0.47 EPS for the quarter. The business 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%. On average, sell-side analysts anticipate that Docebo Inc. will post 1.6842684 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets lifted their price objective on Docebo from C$35.00 to C$36.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$32.00.

Docebo Company Profile

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.