2 weeks Ago By ABMN Staff
Renaissance Technologies LLC raised its holdings in shares of Docebo Inc. ( NASDAQ:DCBO – Free Report ) by 15.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC.
The institutional investor owned 118,800 shares of the company’s stock after acquiring an additional 15,600 shares during the quarter. Renaissance Technologies LLC owned approximately 0.39% of Docebo worth $4,589,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. raised its position in Docebo by 19.
3% in the first quarter. Hillsdale Investment Management Inc. now owns 738,692 shares of the company’s stock worth $36,129,000 after acquiring an additional 119,434 shares in the last quarter.
CIBC Asset Management Inc grew its holdings in Docebo by 36.9% in the second quarter. CIBC Asset Management Inc now owns 446,544 shares of the company’s stock valued at $17,233,000 after purchasing an additional 120,396 shares during the period.
Baillie Gifford & Co. increased its stake in Docebo by 18.9% during the second quarter.
Baillie Gifford & Co. now owns 264,234 shares of the company’s stock worth $10,202,000 after acquiring an additional 41,965 shares during the last quarter. Quadrature Capital Ltd raised its stake in shares of Docebo by 75.
2% in the 1st quarter. Quadrature Capital Ltd now owns 246,400 shares of the company’s stock valued at $12,045,000 after acquiring an additional 105,800 shares during the period. Finally, American Century Companies Inc.
lifted its position in Docebo by 42.5% during the 2nd quarter. American Century Companies Inc.
now owns 237,575 shares of the company’s stock worth $9,174,000 after acquiring an additional 70,859 shares in the last quarter. 53.17% of the stock is owned by institutional investors and hedge funds.
Docebo Stock Down 1.7 % DCBO opened at $44.36 on Friday.
The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.
11. The company has a market capitalization of $1.34 billion, a PE ratio of 201.
64 and a beta of 1.55. Docebo Inc.
has a fifty-two week low of $33.81 and a fifty-two week high of $56.41.
The business has a 50-day moving average of $41.71 and a 200-day moving average of $41.86.
Wall Street Analyst Weigh In Several analysts recently issued reports on DCBO shares. Craig Hallum began coverage on shares of Docebo in a report on Friday, June 7th. They issued a “buy” rating and a $58.
00 price target on the stock. CIBC increased their price target on Docebo from $44.00 to $52.
00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 target price (up from $45.
00) on shares of Docebo in a research report on Thursday, September 12th. One investment analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.
com, Docebo presently has an average rating of “Moderate Buy” and an average target price of $55.58. View Our Latest Research Report on DCBO Docebo 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. Featured Articles Receive News & Ratings for Docebo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Docebo and related companies with MarketBeat.
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