Bentley Systems Inc (NASDAQ: BSY) is -11.26% lower on its value in year-to-date trading and has touched a low of $39.98 and a high of $57.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BSY stock was last observed hovering at around $40.11 in the last trading session, with the day’s gains setting it 1.33%.
Currently trading at $41.44, the stock is -5.69% and -8.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing 3.32% at the moment leaves the stock -14.20% off its SMA200. BSY registered -15.24% loss for a year compared to 6-month loss of -15.27%. The firm has a 50-day simple moving average (SMA 50) of $45.3904 and a 200-day simple moving average (SMA200) of $48.29585.
The stock witnessed a -10.07% gain in the last 1 month and extending the period to 3 months gives it a -12.57%, and is -3.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.25% over the week and 3.16% over the month.
Bentley Systems Inc (BSY) has around 5500 employees, a market worth around $12.56B and $1.35B in sales. Current P/E ratio is 57.25 and Fwd P/E is 31.41. Profit margin for the company is 17.35%. Distance from 52-week low is 3.65% and -27.54% from its 52-week high. The company has generated returns on investments over the last 12 months (9.56%).
with sales reaching $366.78M over the same period.The EPS is expected to grow by 7.55% this year, but quarterly earnings will post 9.39% year-over-year. Quarterly sales are estimated to grow 8.59% in year-over-year returns.
Bentley Systems Inc (BSY) Top Institutional Holders
631.0 institutions hold shares in Bentley Systems Inc (BSY), with institutional investors hold 78.22% of the company’s shares. The shares outstanding are 290.44M, and float is at 138.72M with Short Float at 4.57%. Institutions hold 42.41% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.99 million shares valued at $887.86 million. The investor’s holdings represent 5.7231% of the BSY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.94 million shares valued at $786.75 million to account for 5.0714 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 15.78 million shares representing 5.0094% and valued at over $778.83 million, while PICTET ASSET MANAGEMENT HOLDING SA holds 1.6585 of the shares totaling 5.22 million with a market value of $257.85 million.
Bentley Systems Inc (BSY) Insider Activity
The most recent transaction is an insider sale by BENTLEY GREGORY S, the company’s Executive Chair & President. SEC filings show that BENTLEY GREGORY S sold 53,968 shares of the company’s common stock on Mar 12 ’25 at a price of $41.04 per share for a total of $2.21 million. Following the sale, the insider now owns 7.76 million shares.
Still, SEC filings show that on Mar 10 ’25, Raymond B Bentley Generation S (Member of immediate family of ) Proposed Sale 250,000 shares at an average price of $41.51 for $10.38 million. The insider now directly holds shares of Bentley Systems Inc (BSY).
