Alessio Artuffo Sells 568 Shares of Docebo (TSE:DCBO) Stock

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 568 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 170,238 shares of the company’s stock, valued at approximately C$5,828,949.12. This trade represents a 0.33% decrease in their position.

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 transaction 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 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 Stock Performance

Shares of DCBO opened at C$34.21 on Thursday. Docebo Inc. has a 12 month low of C$19.87 and a 12 month high of C$43.97. The firm has a fifty day simple moving average of C$28.27 and a 200 day simple moving average of C$26.04. The stock has a market capitalization of C$868.35 million, a price-to-earnings ratio of 29.75 and a beta of -0.02. The company has a current ratio of 0.76, a quick ratio of 3.25 and a debt-to-equity ratio of -30,643.19.

Docebo (TSE:DCBO) last issued 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 firm had revenue of C$97.54 million for the quarter. Research analysts forecast that Docebo Inc. will post 1.6842684 EPS for the current fiscal year.

Analysts Set New Price Targets

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