Descartes SystemsDSGX
About: Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
Employees: 2,524
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
3.21% less ownership
Funds ownership: 79.58% [Q4 2024] → 76.37% (-3.21%) [Q1 2025]
5% less funds holding
Funds holding: 366 [Q4 2024] → 348 (-18) [Q1 2025]
12% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 143
14% less funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 6 (-1) [Q1 2025]
15% less capital invested
Capital invested by funds: $7.77B [Q4 2024] → $6.62B (-$1.15B) [Q1 2025]
16% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 44
64% less call options, than puts
Call options by funds: $3.15M | Put options by funds: $8.72M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Paul Treiber | 15%upside $130 | Outperform Reiterated | 28 Mar 2025 |
Scotiabank Kevin Krishnaratne | 12%upside $127 | Sector Outperform Maintained | 26 Mar 2025 |
BMO Capital Thanos Moschopoulos | 0%downside $113 | Market Perform Maintained | 6 Mar 2025 |
Barclays Raimo Lenschow | 4%upside $118 | Equal-Weight Maintained | 6 Mar 2025 |
Stephens & Co. John Campbell | 21%upside $137 | Overweight Maintained | 6 Mar 2025 |
Financial journalist opinion
Based on 4 articles about DSGX published over the past 30 days









