Docebo Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:061 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Mar 25	Buy€7,457,162	Warburg Pincus LLC	Company	362,840	€20.56
17 Dec 24	Sell€2,521,888	Warburg Pincus LLC	Company	74,439	€33.96
29 Nov 24	Sell€591,809	Warburg Pincus LLC	Company	17,522	€33.84
14 Nov 24	Sell€429,129	Warburg Pincus LLC	Company	12,723	€33.73
13 Nov 24	Sell€5,961,991	Warburg Pincus LLC	Company	174,038	€34.27
07 Aug 24	Buy€673,753	Warburg Pincus LLC	Company	27,564	€24.44
06 Aug 24	Buy€3,851,293	Warburg Pincus LLC	Company	159,197	€24.36
19 Jul 24	Buy€91,089	Warburg Pincus LLC	Company	3,673	€24.81
25 Jun 24	Buy€667,163	Warburg Pincus LLC	Company	26,461	€25.21
21 Jun 24	Buy€7,226,736	Warburg Pincus LLC	Company	291,343	€25.22

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 061?
Owner Type	Number of Shares	Ownership Percentage
State or Government	0	0%
Individual Insiders	91,438	0.302%
General Public	2,768,811	9.14%
Institutions	11,132,738	36.8%
VC/PE Firms	16,285,964	53.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 80.31% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
41.8%	Intercap Inc.	12,655,249	€316.1m	0%	no data
12%	Warburg Pincus LLC	3,630,715	€90.7m	11.1%	3.62%
3.62%	Cat Rock Capital Management LP	1,094,869	€27.3m	-44%	3.59%
2.44%	Long Path Partners, LP	740,055	€18.5m	1.2%	3.69%
2.02%	Hillsdale Investment Management Inc.	611,085	€15.3m	208%	0.67%
1.95%	Wellington Management Group LLP	589,606	€14.7m	-1.73%	no data
1.44%	Arrowstreet Capital, Limited Partnership	435,548	€10.9m	44.9%	0.01%
1.27%	Artisan Partners Limited Partnership	383,218	€9.6m	0%	0.01%
1.19%	CIBC Asset Management Inc.	360,022	€9.0m	-14.8%	0.02%
1.12%	American Century Investment Management Inc	337,777	€8.4m	27.6%	0.01%
1.09%	Connor, Clark & Lunn Investment Management Ltd.	329,152	€8.2m	39%	0.04%
1.06%	Mackenzie Financial Corporation	322,454	€8.1m	4,530%	0.01%
0.99%	AGF Management Limited	300,235	€7.5m	107%	0.04%
0.95%	BMO Asset Management Corp.	288,626	€7.2m	-19%	no data
0.95%	Fidelity International Ltd	288,479	€7.2m	-21.7%	no data
0.9%	TFJ Management, LLC	271,113	€6.8m	0%	8.64%
0.78%	Baillie Gifford & Co.	236,724	€5.9m	-7.29%	no data
0.78%	Manulife Asset Management	236,432	€5.9m	17.1%	0.01%
0.69%	Victory Capital Management Inc.	209,215	€5.2m	-1.69%	0.01%
0.65%	Barrier Capital Management, LLC	198,298	€5.0m	5.63%	5.35%
0.6%	Norges Bank Investment Management	182,636	€4.6m	0%	no data
0.54%	Causeway Capital Management LLC	164,986	€4.1m	1.61%	0.02%
0.53%	TD Asset Management, Inc.	160,574	€4.0m	76.1%	no data
0.5%	PenderFund Capital Management Ltd.	151,920	€3.8m	28.9%	1.49%
0.46%	Morgan Stanley, Investment Banking and Brokerage Investments	138,633	€3.5m	1.63%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/22 19:32
End of Day Share Price	2025/04/17 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Docebo Inc. is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Martin Toner	ATB Capital Markets
Phillip Leytes	Berenberg
Robert Young	Canaccord Genuity