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Bentley Systems Inc’s latest rating changes from various analysts

In a filing, Bentley Systems Inc revealed its Member of immediate family of Raymond B Bentley Generation S acquired Company’s shares for reported $10.38 million on Mar 10 ’25. In the deal valued at $41.51 per share,250,000 shares were bought.

Then, Ballard Brock sold 7,684 shares, generating $332,421 in total proceeds. Upon selling the shares at $43.26, the Chief Revenue Officer now owns 65,642 shares.

Before that, BROCKWELL BALLARD bought 7,684 shares. Bentley Systems Inc shares valued at $337,328 were divested by the Officer at a price of $43.90 per share.

Goldman downgraded its Bentley Systems Inc [BSY] rating to a Sell from a a Neutral in a research note published on February 28, 2025; the price target was decreased to $42 from $51. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in late February from “an Outperform” to “a Perform”. JP Morgan began covering BSY with “Neutral” recommendation on December 09, 2024. William Blair started covering the stock on March 28, 2024. It rated BSY as “an Outperform”.

Price Performance Review of BSY

On Tuesday, Bentley Systems Inc [NASDAQ:BSY] saw its stock jump 0.92% to $41.52. Over the last five days, the stock has lost -1.66%. Bentley Systems Inc shares have fallen nearly -11.09% since the year began. Nevertheless, the stocks have fallen -16.37% over the past one year. While a 52-week high of $57.19 was reached on 02/26/25, a 52-week low of $40.98 was recorded on 03/11/25. SMA at 50 days reached $45.80, while 200 days put it at $48.48.

Levels Of Support And Resistance For BSY Stock

The 24-hour chart illustrates a support level at 40.78, which if violated will result in even more drops to 40.03. On the upside, there is a resistance level at 42.27. A further resistance level may holdings at 43.01. The Relative Strength Index (RSI) on the 14-day chart is 32.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.11%. Stochastics %K at 10.16% indicates the stock is a buying.

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