Insider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells 34,135 Shares of Stock

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) Senior Officer Edward Ryan sold 34,135 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of C$144.76, for a total transaction of C$4,941,382.60.

The Descartes Systems Group Stock Performance

Shares of DSG stock opened at C$136.48 on Monday. The company has a market capitalization of C$8.27 billion, a price-to-earnings ratio of 59.94, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.85 and a current ratio of 1.34. The Descartes Systems Group Inc. has a one year low of C$120.22 and a one year high of C$177.98. The company’s 50-day moving average is C$155.54 and its 200 day moving average is C$155.98.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Stephens upgraded shares of The Descartes Systems Group to a “strong-buy” rating in a report on Saturday, February 1st. Loop Capital raised The Descartes Systems Group to a “strong-buy” rating in a research report on Tuesday, December 17th.

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.