Docebo Ownership

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

Recent Insider Transactions

NasdaqGS:DCBO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Aug 26	SellUS$8,739	Kyle Lacy	Individual	352	US$24.83
21 Aug 26	SellUS$7,920	Riccardo LaRosa	Individual	319	US$24.83
19 Aug 26	SellUS$30,013	Mark Kosoglow	Individual	1,287	US$23.32
30 Jun 26	SellUS$3,972	Brandon Farber	Individual	222	US$17.89
22 Jun 26	SellUS$1,373	Brandon Farber	Individual	82	US$16.74
21 May 26	SellUS$22,473	Riccardo LaRosa	Individual	1,274	US$17.64
31 Mar 26	SellUS$50,874	Alessio Artuffo	Individual	2,920	US$17.42
27 Mar 26	BuyUS$72,078	Logan Peak Capital Inc.	Company	4,227	US$17.05
20 Mar 26	SellUS$1,613	Brandon Farber	Individual	83	US$19.44
27 Feb 26	SellUS$70,262,283	Warburg Pincus LLC	Company	3,630,715	US$19.35
27 Nov 25	BuyUS$68,148,521	Intercap Inc.	Company	3,630,715	US$18.77

Insider Trading Volume

Insider Buying: DCBO insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of DCBO?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	250,652	1.01%
General Public	3,221,467	12.9%
Institutions	5,513,979	22.1%
VC/PE Firms	15,913,352	63.9%

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

Top Shareholders

Top 25 shareholders own 85.05% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
63.9%	Intercap Inc.	15,913,352	US$371.5m	0%	no data
6.21%	Beutel Goodman & Company Ltd.	1,545,997	US$36.1m	-1.01%	0.22%
2.67%	Topline Capital Management, LLC	664,727	US$15.5m	-24.4%	3.67%
2.5%	Arrowstreet Capital, Limited Partnership	622,304	US$14.5m	1.09%	0.01%
1.19%	Quadrature Capital Limited	296,211	US$6.9m	184%	0.06%
0.94%	IG Investment Management, Ltd.	234,797	US$5.5m	0%	0.01%
0.8%	Sparta 24 Ltd.	199,765	US$4.7m	0%	4.63%
0.79%	Two Sigma Investments, LP	196,195	US$4.6m	-28.4%	no data
0.68%	Alessio Artuffo	170,238	US$4.0m	357%	no data
0.66%	Essex Investment Management Company, LLC	165,095	US$3.9m	-4.22%	0.58%
0.64%	Les Placements Louisbourg Inc.	160,037	US$3.7m	69.2%	0.61%
0.57%	Morgan Stanley	142,329	US$3.3m	281%	no data
0.43%	Renaissance Technologies LLC	107,831	US$2.5m	-0.19%	no data
0.32%	Acadian Asset Management LLC	80,754	US$1.9m	436%	no data
0.31%	The Goldman Sachs Group, Inc.	77,206	US$1.8m	-2.82%	no data
0.3%	Jane Street Group, LLC	73,893	US$1.7m	587%	no data
0.26%	UBS Asset Management AG	65,623	US$1.5m	165%	no data
0.26%	PCJ Investment Counsel Ltd.	65,500	US$1.5m	0%	0.44%
0.25%	Claret Asset Management Corp	62,429	US$1.5m	77.8%	0.16%
0.25%	Dimensional Fund Advisors LP	62,415	US$1.5m	0%	no data
0.25%	Engineers Gate Manager LP	61,170	US$1.4m	25.4%	0.02%
0.22%	Legato Capital Management, LLC	54,921	US$1.3m	3.17%	0.12%
0.21%	Marshall Wace LLP	52,792	US$1.2m	0%	no data
0.21%	William Anderson	51,500	US$1.2m	0%	no data
0.2%	AGF Management Limited	50,000	US$1.2m	-18.3%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/11 21:37
End of Day Share Price	2026/09/11 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

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 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 18 analysts. 11 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
Gavin Fairweather	ATB Cormark
Martin Toner	ATB Cormark
Phillip Leytes	Berenberg