The Descartes Systems Group Inc.

TSX:DSG Stock Report

Market Cap: CA$11.7b

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
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
15 Apr 25SellCA$5,362,428Edward RyanIndividual37,593CA$143.47
17 Dec 24SellCA$902,616Allan BrettIndividual5,260CA$171.60
06 Dec 24SellCA$345,027Edward GardnerIndividual2,019CA$170.89
06 Dec 24SellCA$1,121,235Robert ParkerIndividual6,718CA$167.00

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 Government23,9140.0278%
Individual Insiders300,9970.35%
General Public10,748,05912.5%
Institutions74,862,54687.1%

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

Top Shareholders

Top 25 shareholders own 54.4% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.4%
T. Rowe Price Group, Inc.
10,614,581CA$1.4b19.2%0.08%
4.59%
Mackenzie Financial Corporation
3,944,757CA$537.3m2.08%0.36%
3.98%
The Vanguard Group, Inc.
3,421,900CA$466.1m2.28%no data
3.14%
Fiera Capital Corporation
2,699,764CA$367.7m-1.68%0.62%
3.13%
Conestoga Capital Advisors, LLC
2,687,949CA$366.1m-3.29%3.88%
3.03%
Jarislowsky, Fraser Limited
2,604,847CA$354.8m-1.69%1.17%
2.62%
Durable Capital Partners, LP
2,253,704CA$307.0m-20.1%1.59%
1.95%
BMO Asset Management Corp.
1,678,473CA$228.6m5.15%0.06%
1.79%
Nationwide Fund Advisors
1,539,414CA$209.7m7.09%0.72%
1.78%
Connor, Clark & Lunn Investment Management Ltd.
1,528,628CA$208.2m-9.96%0.45%
1.73%
PRIMECAP Management Company
1,490,153CA$203.0m-16.6%0.1%
1.4%
Arrowstreet Capital, Limited Partnership
1,202,196CA$163.7m-9.28%0.08%
1.35%
Norges Bank Investment Management
1,157,701CA$157.7m3.56%0.01%
1.26%
Franklin Resources, Inc.
1,083,490CA$147.6m-2.06%0.03%
1.16%
Brown Capital Management, LLC
993,037CA$135.3m1.59%1.76%
1.15%
TD Asset Management, Inc.
989,224CA$134.7m8.25%0.06%
1.04%
Temasek Holdings (Private) Limited
896,779CA$122.1m0%0.06%
1.02%
Congress Asset Management Company, LLP
880,804CA$120.0m-15.5%0.55%
0.97%
CIBC Asset Management Inc.
835,599CA$113.8m275%0.12%
0.92%
Geode Capital Management, LLC
794,312CA$108.2m21.8%no data
0.88%
Putnam LLC
753,776CA$102.7m23.4%0.05%
0.82%
Handelsbanken Asset Management
701,363CA$95.5m0%0.09%
0.79%
Vontobel Asset Management SA
681,500CA$92.8m0%1.01%
0.77%
IG Investment Management, Ltd.
663,702CA$90.4m0%0.14%
0.76%
Westfield Capital Management Company, L.P.
649,631CA$88.5m-0.43%0.25%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/10 21:35
End of Day Share Price 2025/10/10 00:00
Earnings2025/07/31
Annual Earnings2025/01/31

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 32 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Raimo LenschowBarclays
Gabriel LeungBeacon Securities Limited