Bentley Systems Inc (NASDAQ: BSY) is -0.99% lower on its value in year-to-date trading and has touched a low of $36.51 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 $43.77 in the last trading session, with the day’s gains setting it 2.47%.
Currently trading at $46.24, the stock is 7.05% and 9.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.53 million and changing 5.64% at the moment leaves the stock -1.26% off its SMA200. BSY registered -13.15% loss for a year compared to 6-month loss of -4.48%.
The stock witnessed a 18.20% gain in the last 1 month and extending the period to 3 months gives it a -1.60%, and is 7.56% up 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 3.44% over the week and 3.70% over the month.
Bentley Systems Inc (BSY) has around 5500 employees, a market worth around $14.00B and $1.35B in sales. Current P/E ratio is 63.89 and Fwd P/E is 34.98. Profit margin for the company is 17.35%. Distance from 52-week low is 26.65% and -19.15% from its 52-week high. The company has generated returns on investments over the last 12 months (9.56%).
The EPS is expected to grow by 8.32% this year
The shares outstanding are 290.44M, and float is at 137.22M with Short Float at 5.02%.
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 5.7107 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
Bentley Systems Inc disclosed in a document filed with the SEC on Mar 12 ’25 that BENTLEY GREGORY S (Executive Chair & President) sold a total of 53,968 shares of the company’s common stock. The trade occurred on Mar 12 ’25 and was made at $41.04 per share for $2.21 million. Following the transaction, the insider now directly holds 7.76 million shares of the BSY stock.
Still, SEC filings show that on Mar 12 ’25, BENTLEY GREGORY S (Officer) Proposed Sale 53,968 shares at an average price of $41.54 for $2.24 million. The insider now directly holds shares of Bentley Systems Inc (BSY).
