William Blair Investment Management LLC Buys 53,408 Shares of The Descartes Systems Group Inc. $DSGX

Posted by Brian Himes on May 26th, 2026

William Blair Investment Management LLC grew its stake in shares of The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) by 35.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 204,931 shares of the technology company’s stock after acquiring an additional 53,408 shares during the period. William Blair Investment Management LLC owned about 0.24% of The Descartes Systems Group worth $17,964,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quarry LP bought a new stake in shares of The Descartes Systems Group during the third quarter valued at approximately $27,000. Danske Bank A S bought a new stake in shares of The Descartes Systems Group during the third quarter valued at approximately $34,000. Measured Wealth Private Client Group LLC bought a new stake in shares of The Descartes Systems Group during the third quarter valued at approximately $40,000. Caitong International Asset Management Co. Ltd raised its stake in shares of The Descartes Systems Group by 267.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the technology company’s stock valued at $52,000 after acquiring an additional 401 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of The Descartes Systems Group by 18.7% during the fourth quarter. GAMMA Investing LLC now owns 1,049 shares of the technology company’s stock valued at $92,000 after acquiring an additional 165 shares in the last quarter. Institutional investors own 77.73% of the company’s stock.

The Descartes Systems Group Price Performance

Shares of NASDAQ:DSGX opened at $71.29 on Tuesday. The company has a market capitalization of $6.13 billion, a price-to-earnings ratio of 38.33 and a beta of 0.65. The Descartes Systems Group Inc. has a 52 week low of $62.56 and a 52 week high of $117.35. The firm has a 50 day moving average of $71.04 and a 200 day moving average of $76.76.

The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last posted its quarterly earnings data on Wednesday, March 11th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. The firm had revenue of $192.37 million during the quarter, compared to analyst estimates of $188.09 million. The Descartes Systems Group had a net margin of 22.47% and a return on equity of 10.70%. The Descartes Systems Group’s revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.43 EPS. On average, sell-side analysts expect that The Descartes Systems Group Inc. will post 2.62 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DSGX. Canaccord Genuity Group decreased their price target on shares of The Descartes Systems Group from $110.00 to $92.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Rothschild & Co Redburn upgraded shares of The Descartes Systems Group from a “neutral” rating to a “buy” rating and reduced their price target for the company from $100.00 to $90.00 in a report on Thursday, April 16th. Scotiabank cut their price objective on shares of The Descartes Systems Group from $115.00 to $95.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Zacks Research downgraded shares of The Descartes Systems Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Barclays reduced their price objective on shares of The Descartes Systems Group from $90.00 to $89.00 and set an “overweight” rating for the company in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.45.

Check Out Our Latest Analysis on The Descartes Systems Group

The Descartes Systems Group Profile

(Free Report)

The Descartes Systems Group Inc (NASDAQ: DSGX) is a global provider of cloud-based logistics and supply chain management solutions. The company’s software-as-a-service platform connects and optimizes the flow of goods, information and payments across the global supply chain, helping businesses coordinate transportation, customs clearance, routing, scheduling and fleet management. Descartes’ modular applications serve shippers, carriers, third-party logistics providers and regulatory authorities by enabling real-time visibility, compliance and execution across complex trade networks.

Headquartered in Waterloo, Ontario, Descartes was founded in 1981 and has grown through a combination of organic development and strategic acquisitions.