Insider Selling: Docebo (TSE:DCBO) Insider Sells C$12,331.20 in Stock

Docebo Inc. (TSE:DCBO) insider Lauren Anne Tropeano sold 367 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of C$33.60, for a total transaction of C$12,331.20. Following the completion of the sale, the insider directly owned 2,236 shares in the company, valued at approximately C$75,129.60. The trade was a 14.10% decrease in their position.

Docebo Stock Performance

TSE:DCBO opened at C$33.22 on Friday. The firm has a market capitalization of C$828.77 million, a PE ratio of 28.89 and a beta of 0.28. 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 Inc. has a 12-month low of C$19.87 and a 12-month high of C$42.52. The firm has a 50-day moving average price of C$31.20 and a 200 day moving average price of C$27.13.

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

Analyst Ratings Changes

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 note on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price 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.