Today it was reported that the Executive Vice-President of The Descartes Systems Group (DSGX – Research Report), Raimond Diederik, exercised options to sell 11,947 DSGX shares for a total transaction value of $1.27M.
Following Raimond Diederik’s last DSGX Sell transaction on March 25, 2019, the stock climbed by 49.1%.
Based on The Descartes Systems Group’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $105 million and quarterly net profit of $23.18 million. In comparison, last year the company earned revenue of $84.05 million and had a net profit of $10.54 million. The company has a one-year high of $86.88 and a one-year low of $50.57. Currently, The Descartes Systems Group has an average volume of 81.15K.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $90.13, reflecting a -8.1% downside.
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The Descartes Systems Group, Inc. engages in the provision of logistics technology solutions. It specializes in cloud-based solutions including modular and software-as-a-service to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and leverage global trade and restricted party data; file customers and security documents for imports and exports; research and perform trade tariff and duty calculations; and other logistics processes. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.