Lauren Anne Tropeano Sells 367 Shares of Docebo (TSE:DCBO) Stock

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

Docebo Price Performance

DCBO stock opened at C$33.67 on Thursday. The stock has a 50-day moving average price of C$31.06 and a two-hundred day moving average price of C$27.07. The stock has a market cap of C$840.00 million, a PE ratio of 29.28 and a beta of 0.28. 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 Inc. has a 1 year low of C$19.87 and a 1 year high of C$42.52.

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

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets upped their price target on Docebo from C$35.00 to C$44.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$36.00.

About Docebo

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.