American Century Companies Inc. Acquires 154,281 Shares of Docebo Inc. (NASDAQ:DCBO)

American Century Companies Inc. grew its holdings in shares of Docebo Inc. (NASDAQ:DCBOFree Report) by 157.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 252,247 shares of the company’s stock after buying an additional 154,281 shares during the period. American Century Companies Inc. owned 0.79% of Docebo worth $10,229,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its holdings in shares of Docebo by 60.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 800 shares of the company’s stock valued at $32,000 after buying an additional 300 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Docebo by 30.3% during the 2nd quarter. Osaic Holdings Inc. now owns 1,085 shares of the company’s stock valued at $43,000 after buying an additional 252 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Docebo during the 3rd quarter valued at $49,000. Tower Research Capital LLC TRC raised its position in shares of Docebo by 53.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,639 shares of the company’s stock worth $66,000 after purchasing an additional 571 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of Docebo in the 1st quarter worth about $128,000. Institutional investors own 45.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DCBO. Stifel Nicolaus lifted their price target on Docebo from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Monday, February 26th. Eight Capital lowered their price target on Docebo from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, February 26th. The Goldman Sachs Group lifted their price target on Docebo from $44.00 to $55.00 and gave the stock a “neutral” rating in a research report on Monday, February 26th. Scotiabank lifted their price target on Docebo from $60.00 to $65.00 and gave the stock a “sector outperform” rating in a research report on Monday, February 26th. Finally, TheStreet raised Docebo from a “d+” rating to a “c-” rating in a research report on Monday, March 18th. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $61.60.

View Our Latest Analysis on DCBO

Docebo Trading Down 2.1 %

Docebo stock opened at $50.35 on Friday. The business has a 50-day simple moving average of $48.19 and a two-hundred day simple moving average of $45.45. The company has a market cap of $1.53 billion, a P/E ratio of 559.44 and a beta of 1.67. Docebo Inc. has a 52-week low of $29.40 and a 52-week high of $56.41. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.01.

Docebo (NASDAQ:DCBOGet Free Report) last released its quarterly earnings results on Friday, February 23rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.12. The business had revenue of $49.28 million during the quarter, compared to the consensus estimate of $48.46 million. Docebo had a return on equity of 12.45% and a net margin of 1.57%. Analysts predict that Docebo Inc. will post 0.81 EPS for the current year.

Docebo Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Docebo (NASDAQ:DCBO)

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