Insider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells 17,286 Shares of Stock

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) Senior Officer Edward Ryan sold 17,286 shares of The Descartes Systems Group stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of C$143.03, for a total transaction of C$2,472,433.87.

Edward Ryan also recently made the following trade(s):

• On Tuesday, April 1st, Edward Ryan sold 34,135 shares of The Descartes Systems Group stock. The shares were 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 0.7 %

Shares of TSE DSG traded down C$0.98 during mid-day trading on Thursday, reaching C$142.09. 34,288 shares of the company traded hands, compared to its average volume of 157,000. The stock has a market cap of C$8.61 billion, a PE ratio of 62.41, 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 company’s fifty day moving average is C$149.91 and its two-hundred day moving average is C$156.04. The Descartes Systems Group Inc. has a fifty-two week low of C$121.84 and a fifty-two week high of C$177.98.

Analyst Upgrades and Downgrades

Separately, Stephens upgraded shares of The Descartes Systems Group to a “strong-buy” rating in a research note on Saturday, February 1st.

About The Descartes Systems Group

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.