Marshall Wace LLP Has $1.87 Million Stake in Docebo Inc. (NASDAQ:DCBO)

Marshall Wace LLP decreased its stake in shares of Docebo Inc. (NASDAQ:DCBO - Free Report) by 32.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,850 shares of the company's stock after selling 19,721 shares during the period. Marshall Wace LLP owned approximately 0.14% of Docebo worth $1,874,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd acquired a new position in Docebo during the 4th quarter valued at about $348,000. Barclays PLC acquired a new position in Docebo during the 3rd quarter valued at about $142,000. Russell Investments Group Ltd. boosted its position in shares of Docebo by 102.1% during the 4th quarter. Russell Investments Group Ltd. now owns 28,689 shares of the company's stock valued at $1,285,000 after purchasing an additional 14,496 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Docebo by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 40,543 shares of the company's stock valued at $1,791,000 after purchasing an additional 911 shares in the last quarter. Finally, Alberta Investment Management Corp boosted its position in shares of Docebo by 47.9% during the 4th quarter. Alberta Investment Management Corp now owns 57,279 shares of the company's stock valued at $2,567,000 after purchasing an additional 18,544 shares in the last quarter. Institutional investors and hedge funds own 53.17% of the company's stock.

Docebo Stock Down 0.0 %

Shares of NASDAQ DCBO traded down $0.01 during mid-day trading on Tuesday, reaching $31.53. The company had a trading volume of 66,314 shares, compared to its average volume of 84,888. Docebo Inc. has a twelve month low of $26.00 and a twelve month high of $53.86. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market capitalization of $945.77 million, a PE ratio of 54.36 and a beta of 1.59. The stock's 50 day moving average is $30.85 and its 200-day moving average is $40.60.

Analysts Set New Price Targets

Several research firms have recently weighed in on DCBO. Needham & Company LLC restated a "buy" rating and set a $42.00 price objective on shares of Docebo in a research report on Thursday, April 10th. Atb Cap Markets upgraded shares of Docebo from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Scotiabank reduced their price objective on shares of Docebo from $55.00 to $45.00 and set a "sector outperform" rating for the company in a research report on Tuesday, March 4th. UBS Group set a $45.00 target price on shares of Docebo in a report on Tuesday, March 4th. Finally, Morgan Stanley decreased their price objective on shares of Docebo from $43.00 to $41.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Docebo has a consensus rating of "Buy" and a consensus price target of $50.45.

Docebo Company Profile

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.