Bentley Systems Inc’s recent filing unveils that its Chief Revenue Officer Ballard Brock unloaded Company’s shares for reported $0.56 million on May 07 ’25. In the deal valued at $45.08 per share,12,363 shares were sold. As a result of this transaction, Ballard Brock now holds 68,064 shares worth roughly $3.28 million.
Then, BROCKWELL BALLARD bought 12,363 shares, generating $541,129 in total proceeds.
Before that, BENTLEY GREGORY S sold 53,968 shares. Bentley Systems Inc shares valued at $2,214,804 were divested by the Executive Chair & President at a price of $41.04 per share. As a result of the transaction, BENTLEY GREGORY S now holds 7,755,439 shares, worth roughly $373.35 million.
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 Tuesday, Bentley Systems Inc [NASDAQ:BSY] saw its stock jump 0.86% to $48.14. Over the last five days, the stock has gained 9.98%. Bentley Systems Inc shares have risen nearly 3.08% since the year began. Nevertheless, the stocks have fallen -12.49% over the past one year. While a 52-week high of $57.19 was reached on 05/13/25, a 52-week low of $36.51 was recorded on 04/07/25. SMA at 50 days reached $42.49, while 200 days put it at $46.80.
Levels Of Support And Resistance For BSY Stock
The 24-hour chart illustrates a support level at 47.78, which if violated will result in even more drops to 47.43. On the upside, there is a resistance level at 48.40. A further resistance level may holdings at 48.66. The Relative Strength Index (RSI) on the 14-day chart is 72.82, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.74, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.55%. Stochastics %K at 91.43% indicates the stock is a selling.
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.
