The Descartes Systems Group Inc.

TSX:DSG Stock Report

Market Cap: CA$8.6b

Descartes Systems Group Ownership

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

Recent Insider Transactions

TSX:DSG Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
13 Apr 26BuyCA$1,723,327Edward RyanIndividual34,193CA$50.40
13 Apr 26SellCA$3,067,112Edward RyanIndividual34,193CA$89.70
16 Mar 26BuyCA$48,871Jane MowatIndividual500CA$97.74
05 Dec 25BuyCA$52,164Jane MowatIndividual400CA$130.41
24 Sep 25BuyCA$8,310Jane MowatIndividual60CA$138.51
05 Sep 25BuyCA$50,215Jane MowatIndividual340CA$147.74
23 Jun 25BuyCA$100,287Peter NguyenIndividual730CA$137.38
19 Jun 25SellCA$3,792,613Andrew RoszkoIndividual28,116CA$135.85

Insider Trading Volume

Insider Buying: DSG insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of DSG?
Owner TypeNumber of SharesOwnership Percentage
State or Government34,5970.0403%
Individual Insiders326,5870.38%
General Public5,184,1046.03%
Institutions80,381,73993.5%

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

Top Shareholders

Top 25 shareholders own 57.58% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.83%
T. Rowe Price Group, Inc.
8,448,322CA$841.9m16.3%0.05%
5.08%
BlackRock, Inc.
4,366,126CA$435.1m7.6%no data
4.46%
1832 Asset Management L.P.
3,833,793CA$382.0m47.8%0.26%
4.27%
The Vanguard Group, Inc.
3,668,626CA$365.6m1.83%no data
3%
Janus Henderson Group plc
2,574,468CA$256.5m4.08%0.06%
2.89%
Jarislowsky, Fraser Limited
2,483,153CA$247.4m0%0.91%
2.85%
Mackenzie Financial Corporation
2,447,147CA$243.9m-27.4%0.15%
2.46%
Conestoga Capital Advisors, LLC
2,111,320CA$210.4m-15.8%2.92%
1.7%
Temasek Holdings (Private) Limited
1,464,165CA$145.9m0%0.06%
1.57%
BMO Asset Management Corp.
1,351,428CA$134.7m-13.3%0.03%
1.51%
Nationwide Fund Advisors
1,300,802CA$129.6m-7.04%0.42%
1.46%
Arrowstreet Capital, Limited Partnership
1,258,157CA$125.4m-27.8%0.04%
1.41%
Connor, Clark & Lunn Investment Management Ltd.
1,215,678CA$121.1m140%0.17%
1.38%
Waratah Capital Advisors Ltd.
1,189,482CA$118.5m969%5.8%
1.37%
PRIMECAP Management Company
1,178,440CA$117.4m0%0.05%
1.33%
Norges Bank Investment Management
1,144,488CA$114.0m0%no data
1.32%
Two Sigma Investments, LP
1,132,659CA$112.9m173%0.07%
1.28%
Manulife Asset Management
1,100,755CA$109.7m141%0.05%
1.27%
Geode Capital Management, LLC
1,089,113CA$108.5m-2.99%no data
1.26%
Select Equity Group, L.P.
1,080,155CA$107.6m183%0.38%
1.23%
CIBC Asset Management Inc.
1,060,128CA$105.6m-9.15%0.1%
1.18%
TD Asset Management, Inc.
1,014,572CA$101.1m48.2%0.04%
1.17%
FMR LLC
1,002,920CA$99.9m6.64%no data
1.15%
D. E. Shaw & Co., L.P.
988,679CA$98.5m23.6%0.05%
1.13%
Brown Capital Management, LLC
974,271CA$97.1m0%3.13%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 22:02
End of Day Share Price 2026/05/21 00:00
Earnings2026/01/31
Annual Earnings2026/01/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

The Descartes Systems Group Inc. is covered by 24 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raimo LenschowBarclays
Gabriel LeungBeacon Securities Limited
Thanos MoschopoulosBMO Capital Markets Equity Research