Bentley Systems (NASDAQ:BSY) Director Sells $13,850,728.72 in Stock

Bentley Systems, Incorporated (NASDAQ:BSY) Director Raymond Bentley sold 344,203 shares of the company’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $40.24, for a total transaction of $13,850,728.72. Following the completion of the sale, the director owned 14,316,404 shares of the company’s stock, valued at approximately $576,092,096.96. This trade represents a 2.35% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bentley Systems Trading Up 3.0%

Bentley Systems stock opened at $44.94 on Friday. Bentley Systems, Incorporated has a 52 week low of $28.08 and a 52 week high of $48.38. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market capitalization of $13.06 billion, a price-to-earnings ratio of 49.38, a P/E/G ratio of 2.72 and a beta of 0.98. The company has a 50 day moving average price of $35.47 and a 200 day moving average price of $34.48.

Bentley Systems (NASDAQ:BSY) last announced its earnings results on Thursday, November 5th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $421.51 million for the quarter, compared to the consensus estimate of $420.69 million. Bentley Systems had a net margin of 18.10% and a return on equity of 28.43%. The company’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 EPS. Research analysts forecast that Bentley Systems, Incorporated will post 1.21 EPS for the current year.

Bentley Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were issued a dividend of $0.07 per share. The ex-dividend date was Tuesday, September 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.6%. Bentley Systems’s payout ratio is currently 30.77%.

Hedge Funds Weigh In On Bentley Systems

Hedge funds have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership lifted its stake in shares of Bentley Systems by 253.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,781,449 shares of the company’s stock valued at $167,924,000 after purchasing an additional 3,429,087 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Bentley Systems in the second quarter worth $78,738,000. Madison Asset Management LLC acquired a new position in Bentley Systems during the second quarter worth $40,807,000. Pictet Asset Management Holding SA increased its position in Bentley Systems by 19.9% during the third quarter. Pictet Asset Management Holding SA now owns 5,235,307 shares of the company’s stock worth $167,260,000 after buying an additional 867,821 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in Bentley Systems by 36.2% during the first quarter. Bessemer Group Inc. now owns 2,600,241 shares of the company’s stock worth $91,320,000 after buying an additional 691,806 shares during the last quarter. 44.16% of the stock is owned by institutional investors and hedge funds.

Key Bentley Systems News

Here are the key news stories impacting Bentley Systems this week:

• Positive Sentiment: Q3 adjusted earnings were $0.36 per share, above analyst estimates of $0.33–$0.34 and up from $0.27 a year earlier. Revenue grew 12.2% year over year to $421.5 million, slightly topping estimates. Bentley Systems Q3 Profit Rises
• Positive Sentiment: Bentley raised its annual recurring revenue (ARR) outlook, signaling confidence in recurring demand and providing an additional potential catalyst alongside the earnings beat. Bentley Systems Q3 2026: EPS beats, ARR outlook raised
• Negative Sentiment: Director Raymond Bentley sold 344,203 shares for about $13.9 million. The sale was made under a pre-arranged Rule 10b5-1 plan, and he retained more than 14.3 million shares, which may temper concerns about the transaction. Bentley Systems Director Sells Stock

Analyst Ratings Changes

Several equities research analysts recently issued reports on BSY shares. Weiss Ratings raised Bentley Systems from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, October 19th. BMO Capital Markets lifted their target price on Bentley Systems from $41.00 to $43.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Cantor Fitzgerald upped their target price on Bentley Systems from $37.00 to $42.00 and gave the company an “overweight” rating in a report on Friday, October 16th. Piper Sandler reissued an “overweight” rating and issued a $45.00 price target on shares of Bentley Systems in a research report on Friday, August 7th. Finally, Rosenblatt Securities restated a “buy” rating and set a $50.00 price target on shares of Bentley Systems in a report on Tuesday, October 27th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $44.25.

About Bentley Systems

Bentley Systems, Incorporated is a software company that develops solutions for the design, construction, and operation of infrastructure. Its customers include engineers, architects, geospatial professionals, construction firms, and infrastructure owner-operators in sectors such as transportation, water, utilities, industrial facilities, and buildings.

The company’s product portfolio includes MicroStation for infrastructure design, ProjectWise for project collaboration, AssetWise for asset performance and operations, and SYNCHRO for construction management.