Bentley Systems Inc’s recent filing unveils that its Executive Chair & President BENTLEY GREGORY S unloaded Company’s shares for reported $2.21 million on Mar 12 ’25. In the deal valued at $41.04 per share,53,968 shares were sold. As a result of this transaction, BENTLEY GREGORY S now holds 7,755,439 shares worth roughly $325.26 million.
Then, BENTLEY GREGORY S bought 53,968 shares, generating $2,241,561 in total proceeds.
Before that, Raymond B Bentley Generation S bought 250,000 shares. Bentley Systems Inc shares valued at $10,377,500 were divested by the Member of immediate family of at a price of $41.51 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 fall -1.15% to $41.94. Over the last five days, the stock has gained 1.01%. Bentley Systems Inc shares have fallen nearly -10.19% since the year began. Nevertheless, the stocks have fallen -14.09% over the past one year. While a 52-week high of $57.19 was reached on 02/26/25, a 52-week low of $39.98 was recorded on 03/13/25. SMA at 50 days reached $45.21, while 200 days put it at $48.19.
Levels Of Support And Resistance For BSY Stock
The 24-hour chart illustrates a support level at 41.56, which if violated will result in even more drops to 41.17. On the upside, there is a resistance level at 42.39. A further resistance level may holdings at 42.83. The Relative Strength Index (RSI) on the 14-day chart is 41.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.45%. Stochastics %K at 28.26% indicates the stock is a holding.
How much short interest is there in Bentley Systems Inc?
A steep rise in short interest was recorded in Bentley Systems Inc stocks on 2025-02-28, growing by 0.68 million shares to a total of 6.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.66 million shares. There was a rise of 10.66%, which implies that there is a positive sentiment for the stock.
