Bentley Systems Inc (NASDAQ: BSY) is -11.93% lower on its value in year-to-date trading and has touched a low of $38.66 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 $40.49 in the last trading session, with the day’s gains setting it 0.64%.
Currently trading at $41.13, the stock is -0.74% and -6.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 1.58% at the moment leaves the stock -13.77% off its SMA200. BSY registered -18.34% loss for a year compared to 6-month loss of -19.05%. The firm has a 50-day simple moving average (SMA 50) of $44.1046 and a 200-day simple moving average (SMA200) of $47.69545.
The stock witnessed a -2.58% gain in the last 1 month and extending the period to 3 months gives it a -13.56%, and is -2.49% 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 3.47% over the week and 2.89% over the month.
Bentley Systems Inc (BSY) has around 5500 employees, a market worth around $12.47B and $1.35B in sales. Current P/E ratio is 56.83 and Fwd P/E is 31.17. Profit margin for the company is 17.35%. Distance from 52-week low is 6.39% and -28.08% from its 52-week high. The company has generated returns on investments over the last 12 months (9.56%).
with sales reaching $366.76M over the same period.The EPS is expected to grow by 7.55% this year, but quarterly earnings will post 9.36% year-over-year. Quarterly sales are estimated to grow 8.58% in year-over-year returns.
627.0 institutions hold shares in Bentley Systems Inc (BSY), with institutional investors hold 78.35% of the company’s shares. The shares outstanding are 290.44M, and float is at 138.47M with Short Float at 4.32%. Institutions hold 42.46% 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 5.0603 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).
