Warburg Pincus LLC Sells 133,287 Shares of Docebo Inc. (TSE:DCBO) Stock

Docebo Inc. (TSE:DCBO) insider Warburg Pincus LLC sold 133,287 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of C$50.62, for a total transaction of C$6,746,614.74.

Docebo Price Performance

TSE DCBO traded down C$0.94 on Thursday, reaching C$68.89. 3,009 shares of the company’s stock traded hands, compared to its average volume of 44,226. The stock has a market cap of C$2.08 billion, a PE ratio of 95.66 and a beta of 1.36. The company has a debt-to-equity ratio of 5.29, a current ratio of 1.11 and a quick ratio of 3.25. Docebo Inc. has a 12 month low of C$46.09 and a 12 month high of C$76.27. The stock has a 50-day simple moving average of C$61.96 and a 200 day simple moving average of C$56.69.

Wall Street Analyst Weigh In

Separately, Colliers Securities upped their target price on shares of Docebo from C$69.00 to C$82.00 in a research report on Monday.

About Docebo

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.