Bentley Systems (NASDAQ:BSY) Director Sells $666,480.00 in Stock

October 28, 2026 by InsiderTrades.com

Key Points

Director Raymond Bentley sold 16,662 Bentley Systems shares for $666,480 at an average price of $40.00. The transaction occurred under a pre-arranged Rule 10b5-1 plan and reduced his ownership by just 0.11%, leaving him with nearly 14.8 million shares.
Bentley Systems reported quarterly EPS of $0.35, beating estimates of $0.32, while revenue rose 12.8% year over year to $410.73 million. The company also pays a quarterly dividend of $0.07 per share, equivalent to a 0.7% annual yield.
Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $44.77 versus the referenced share price of $39.32. Institutional investors own 44.16% of the company.

Bentley Systems, Incorporated (NASDAQ:BSY - Get Free Report) Director Raymond Bentley sold 16,662 shares of the stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $40.00, for a total transaction of $666,480.00. Following the completion of the sale, the director directly owned 14,799,742 shares of the company's stock, valued at approximately $591,989,680. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bentley Systems Stock Performance

Shares of BSY stock opened at $39.32 on Wednesday. Bentley Systems, Incorporated has a one year low of $28.08 and a one year high of $52.24. The company's fifty day moving average price is $34.72 and its 200-day moving average price is $34.40.

Bentley Systems (NASDAQ:BSY - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. The firm had revenue of $410.73 million during the quarter, compared to the consensus estimate of $412.12 million. The company's quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 EPS. Equities research analysts predict that Bentley Systems, Incorporated will post 1.21 EPS for the current fiscal year.

Bentley Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 22nd were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $0.28 dividend on an annualized basis and a yield of 0.7%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BSY. BMO Capital Markets upped their price objective on Bentley Systems from $41.00 to $43.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. Weiss Ratings upgraded Bentley Systems from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, October 19th. Piper Sandler reissued an "overweight" rating and set a $45.00 target price on shares of Bentley Systems in a research note on Friday, August 7th. Rosenblatt Securities reissued a "buy" rating and issued a $50.00 price target on shares of Bentley Systems in a report on Tuesday. Finally, Cantor Fitzgerald upped their price target on Bentley Systems from $37.00 to $42.00 and gave the stock an "overweight" rating in a research note on Friday, October 16th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Bentley Systems has a consensus rating of "Moderate Buy" and an average price target of $44.77.

Check Out Our Latest Research Report on BSY

Hedge Funds Weigh In On Bentley Systems

A number of hedge funds and other institutional investors have recently modified their holdings of BSY. Robeco Schweiz AG grew its stake in Bentley Systems by 66.3% during the third quarter. Robeco Schweiz AG now owns 758,586 shares of the company's stock valued at $24,237,000 after acquiring an additional 302,346 shares in the last quarter. Middleton & Co. Inc. MA increased its holdings in Bentley Systems by 12.8% in the 3rd quarter. Middleton & Co. Inc. MA now owns 20,977 shares of the company's stock valued at $670,000 after acquiring an additional 2,382 shares during the last quarter. Yousif Capital Management LLC increased its holdings in Bentley Systems by 0.7% in the 3rd quarter. Yousif Capital Management LLC now owns 41,229 shares of the company's stock valued at $1,317,000 after acquiring an additional 298 shares during the last quarter. Vest Financial LLC increased its holdings in Bentley Systems by 10.2% in the 3rd quarter. Vest Financial LLC now owns 20,988 shares of the company's stock valued at $671,000 after acquiring an additional 1,937 shares during the last quarter. Finally, Diversify Advisory Services LLC lifted its stake in Bentley Systems by 1.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 20,930 shares of the company's stock worth $669,000 after purchasing an additional 327 shares in the last quarter. Institutional investors own 44.16% of the company's stock.

Key Headlines Impacting Bentley Systems

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

Positive Sentiment: Rosenblatt reaffirmed its “Buy” rating and maintained a $50 price target, implying approximately 27% potential upside from the referenced price. The endorsement supports the bullish view that Bentley’s infrastructure-engineering software business can continue to grow. Rosenblatt Securities recommendations
Positive Sentiment: Madison Small Cap Fund identified Bentley Systems as an attractive opportunity despite fears that AI could disrupt software companies, suggesting some investors view the recent concerns as overdone. Bentley Systems becomes attractive opportunity
Neutral Sentiment: Gregory Bentley received 63,793 Class B shares through a bonus pool plan. The award may reflect executive compensation rather than open-market buying, so it offers limited insight into near-term investor sentiment. Gregory Bentley receives Class B shares
Neutral Sentiment: Reported short interest was zero shares as of October 26, indicating no measurable short-selling pressure in the data. However, the reported figure appears unusual and may reflect a data or reporting issue. Bentley Systems short interest data
Negative Sentiment: Director Raymond Bentley sold a combined 155,797 shares for approximately $6.24 million in transactions conducted under a pre-arranged Rule 10b5-1 plan. Although the sales represent less than 1% of his holdings and are not necessarily discretionary, the sizable insider transactions can weigh on sentiment. SEC insider transaction filing

Bentley Systems Company Profile

(Get Free Report)

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.