Docebo Inc. (TSE:DCBO – Get Free Report) fell 1.6% on Friday . The stock traded as low as C$60.79 and last traded at C$60.84. 30,327 shares traded hands during trading, a decline of 22% from the average session volume of 38,677 shares. The stock had previously closed at C$61.80.
Wall Street Analyst Weigh In
Separately, Colliers Securities raised their target price on Docebo from C$69.00 to C$82.00 in a research report on Monday, November 11th.
Check Out Our Latest Analysis on DCBO
Docebo Price Performance
Insider Buying and Selling at Docebo
In other news, insider Warburg Pincus LLC sold 133,287 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of C$50.62, for a total value of C$6,746,614.74. Insiders own 43.24% of the company’s stock.
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.
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