We have created a table that summarizes most comparable data from our previous surveys. This data is used in our relative equity valuations. For Institutional Equity Research subscribers, we are providing this table while also making all our raw data available to you on request in excel format.
Daily Archives: Monday, August 17, 2020 11:05pm
3 posts
With calendar Q2 blackout periods coming to an end, insider trading is starting to pick again with insiders. We saw three positive insider disclosures, one neutral to negative move and one negative move. Real Matters ($REAL.TO) Chairman Blaine Hobson sold 29% of his $REAL.TO shares at around $30 per share and exercised about 5% of his call options ($2.28 exercise price and Nov. 5, 2020 exercise date). The sale of his shares and exercise of options generated over $3.5 million for himself. Hobson now owns about 0.3% of $REAL.TO. The selling was off the back of a relatively strong quarter driven by […]
Cornerstone OnDemand’s SaaS Multiple Post-Saba Synergies Pushes our Docebo Target Price Higher Docebo ($DCBO.TO) reported Q2/20 results that were better than we expected. After Q1/20 results saw the company’s Annual Recurring Revenue (ARR) / S&M drop from 1.2x to 0.83x, we were concerned that selling their relatively expensive solution was becoming more difficult. This quarter not only did the ratio remain steady at 0.83x, but Cornerstone OnDemand’s ($CSOD) updated run-rate synergies expected from their acquisition of Saba Software has continued to improve.