American Century Companies Inc. Grows Position in Docebo Inc. $DCBO

American Century Companies Inc. boosted its stake in shares of Docebo Inc. (NASDAQ:DCBO) by 1.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 343,221 shares of the company’s stock after purchasing an additional 5,444 shares during the period. American Century Companies Inc. owned approximately 1.16% of Docebo worth $9,872,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its position in Docebo by 46.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,983 shares of the company’s stock worth $134,000 after purchasing an additional 949 shares during the last quarter. Deutsche Bank AG acquired a new position in shares of Docebo in the 4th quarter valued at $242,000. State of Wyoming acquired a new position in shares of Docebo in the 4th quarter valued at $275,000. Aquatic Capital Management LLC acquired a new position in shares of Docebo in the 4th quarter valued at $327,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Docebo in the 4th quarter valued at $355,000. Hedge funds and other institutional investors own 53.17% of the company’s stock.

Docebo Trading Down 0.5%

Shares of DCBO stock opened at $30.44 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market cap of $874.54 million, a PE ratio of 44.12 and a beta of 1.48. The company has a 50-day moving average of $29.75 and a two-hundred day moving average of $30.41. Docebo Inc. has a 1-year low of $25.50 and a 1-year high of $53.86.

Analyst Upgrades and Downgrades

DCBO has been the subject of a number of research analyst reports. Cantor Fitzgerald assumed coverage on shares of Docebo in a research report on Monday, June 9th. They set an “overweight” rating and a $35.00 price objective for the company. Wall Street Zen raised shares of Docebo from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Scotiabank dropped their price objective on shares of Docebo from $45.00 to $40.00 and set a “sector outperform” rating for the company in a report on Monday, May 12th. National Bank Financial lowered shares of Docebo from an “outperform” rating to a “sector perform” rating in a report on Friday, May 9th. Finally, Atb Cap Markets lowered shares of Docebo from a “strong-buy” rating to a “hold” rating in a report on Sunday, May 11th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.13.

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.