Jupiter Topco LLC Takes $181.74 Million Position in The Descartes Systems Group Inc. $DSGX

Posted by Stanley Muller on Aug 27th, 2026

Jupiter Topco LLC acquired a new stake in The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,624,926 shares of the technology company’s stock, valued at approximately $181,742,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in The Descartes Systems Group by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 3,602,652 shares of the technology company’s stock worth $316,050,000 after acquiring an additional 69,260 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of The Descartes Systems Group by 1.7% in the 4th quarter. Mackenzie Financial Corp now owns 3,371,562 shares of the technology company’s stock valued at $296,326,000 after purchasing an additional 56,069 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of The Descartes Systems Group by 4.1% in the 1st quarter. Janus Henderson Group PLC now owns 2,574,468 shares of the technology company’s stock worth $184,127,000 after purchasing an additional 100,937 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in shares of The Descartes Systems Group in the 2nd quarter worth approximately $141,403,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of The Descartes Systems Group by 74.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,743,262 shares of the technology company’s stock valued at $152,898,000 after purchasing an additional 743,104 shares in the last quarter. 77.73% of the stock is owned by hedge funds and other institutional investors.

The Descartes Systems Group Stock Down 0.0%

NASDAQ DSGX opened at $77.49 on Thursday. The Descartes Systems Group Inc. has a 52 week low of $62.56 and a 52 week high of $109.00. The company has a 50 day moving average price of $73.46 and a 200 day moving average price of $71.60. The firm has a market cap of $6.64 billion, a PE ratio of 38.74 and a beta of 0.62.

The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last announced its earnings results on Wednesday, June 3rd. The technology company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.03. The company had revenue of $166.96 million during the quarter, compared to the consensus estimate of $193.57 million. The Descartes Systems Group had a net margin of 23.35% and a return on equity of 11.17%. The Descartes Systems Group’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the firm earned $0.41 earnings per share. On average, equities research analysts anticipate that The Descartes Systems Group Inc. will post 2.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

DSGX has been the topic of several research reports. National Bank Financial set a $95.00 price objective on shares of The Descartes Systems Group and gave the company an “outperform” rating in a report on Monday, July 20th. Raymond James Financial lowered their target price on The Descartes Systems Group from $118.00 to $108.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Canadian Imperial Bank of Commerce increased their target price on The Descartes Systems Group from $116.00 to $118.00 and gave the company an “outperformer” rating in a research report on Thursday, June 4th. Weiss Ratings upgraded The Descartes Systems Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 21st. Finally, Loop Capital reissued a “buy” rating and issued a $96.00 price target on shares of The Descartes Systems Group in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, The Descartes Systems Group presently has an average rating of “Moderate Buy” and an average target price of $102.54.

Get Our Latest Analysis on DSGX

The Descartes Systems Group Company 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.