Bentley Systems Inc’s recently made public 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 $328.91 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.
Oppenheimer upgraded its Bentley Systems Inc [BSY] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late March with a ‘”a Neutral”‘ rating. Goldman also remained covering BSY and has decreased its forecast on February 28, 2025 with a “Sell” recommendation from previously “Neutral” rating. Oppenheimer revised its rating on February 27, 2025. It rated BSY as “a Perform” which previously was an “an Outperform”.
Price Performance Review of BSY
On Monday, Bentley Systems Inc [NASDAQ:BSY] saw its stock fall -1.81% to $42.41. Over the last five days, the stock has gained 1.22%. Bentley Systems Inc shares have fallen nearly -9.19% since the year began. Nevertheless, the stocks have fallen -15.37% over the past one year. While a 52-week high of $57.19 was reached on 02/26/25, a 52-week low of $36.51 was recorded on 04/07/25. SMA at 50 days reached $42.90, while 200 days put it at $47.16.
Levels Of Support And Resistance For BSY Stock
The 24-hour chart illustrates a support level at 41.85, which if violated will result in even more drops to 41.30. On the upside, there is a resistance level at 42.98. A further resistance level may holdings at 43.56. The Relative Strength Index (RSI) on the 14-day chart is 52.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.84%. Stochastics %K at 90.49% indicates the stock is a selling.
How much short interest is there in Bentley Systems Inc?
A steep rise in short interest was recorded in Bentley Systems Inc stocks on 2025-03-31, dropping by 98677.0 shares to a total of 6.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.33 million shares. There was a decline of -1.58%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 09, 2024 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $52 price target.
