Insider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells C$4,941,382.60 in Stock

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

The Descartes Systems Group Stock Down 0.3 %

Shares of TSE:DSG opened at C$136.12 on Tuesday. The Descartes Systems Group Inc. has a 1 year low of C$120.22 and a 1 year high of C$177.98. The stock has a 50-day simple moving average of C$154.91 and a 200-day simple moving average of C$155.98. 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 stock has a market capitalization of C$8.25 billion, a P/E ratio of 59.78, a PEG ratio of 2.39 and a beta of 0.74.

Analyst Upgrades and Downgrades

DSG has been the subject of a number of recent analyst reports. Stephens upgraded shares of The Descartes Systems Group to a “strong-buy” rating in a report on Saturday, February 1st. Loop Capital upgraded shares of The Descartes Systems Group to a “strong-buy” rating in a 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.