BSY — Bentley Systems Inc

✨ Hidden Gem

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Bentley Systems Inc

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling applications, such as MicroStation, OpenBridge, OpenBuildings, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite and OpenSite+, OpenTower, OpenTunnel, and OpenUtilities; and open simulation applications, including ADINA, Auto… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$32.06
Market Cap$10.13B
Float159.4M
Shares Outstanding292.3M
P/E (Forward)23.31
P/E (TTM)38.32
Price/Sales (TTM)6.51
vs. Analyst Target+43.7% to analyst PT
Profit Margin18.12%
Operating Margin (TTM)30.63%
Revenue (TTM)$1.56B
Earnings Growth (YoY)7.50%
Dividend Rate0.3%
Analyst Target Price$46.07 (16 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $802M $127M $634M $211M
2021 $965M $93.2M $749M $152M
2022 $1.10B $175M $862M $305M
2023 $1.23B $327M $910M $288M
2024 $1.35B $235M $1.10B $382M
2025 $1.50B $278M $1.22B $429M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $364M $70.5M
Sep 2025 $376M $57.4M
Dec 2025 $392M $58.6M
Mar 2026 $424M $95.4M

Ownership & Float

Insider Ownership45.3%
Institutional Ownership53.4%
Short Float13.0%
% of All Funds Holding5.06%
Number of Funds Holding416

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$33.28Near-term / short-term trend
Weekly40-Week SMA$40.97Medium-term trend
Weekly80-Week SMA$44.48Cyclical trend (business cycle)
Weekly200-Week SMA$45.63Secular trend (multi-year)
Monthly10-Month SMA$40.96Near-term monthly trend
Monthly20-Month SMA$44.32Medium-term monthly trend
Monthly40-Month SMA$46.99Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$38.20 resistance 1.10x 3 months ago
$41.00 resistance 1.14x 4 months ago
$50.00 resistance 1.16x 5 months ago

Historical Earnings Reactions (23 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.67% -0.35% 34.78% 3.49% -4.82%
1 Day -1.68% -1.48% 26.09% 7.52% -11.30%
1 Week -0.75% -1.43% 34.78% 13.36% -10.71%
2 Weeks -1.42% -1.58% 39.13% 22.15% -17.33%
1 Month 0.40% -2.31% 40.91% 38.28% -20.98%

Next earnings: July 26, 2026 (58 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.05% 49.8% 265
Tuesday 0.00% 49.2% 295
Wednesday -0.04% 46.9% 292
Thursday 0.11% 50.2% 285
Friday 0.11% 55.9% 286

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 53.4%

Insider Transactions — Smart Summary

Total insider ownership: 45.3%

12-Month Insider Activity Summary

Total Filings9
Net Value-$4.3M
Net Shares Change-1,227,689
% of Float-0.8%
C-Suite Filings6
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Bentley Raymond B. -$50.3M 2 N/A
Bentley Keith A. -$8.3M 1 N/A
Shaman David R. Chief Legal Officer -$2.2M 3 N/A
BENTLEY GREGORY S Executive Chair and President -$2.0M 2 1 sell
Trimback Thomas F Chief Accounting Officer -$24,091.2 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-09-04 BENTLEY GREGORY S Executive Chair and President -$2.0M Transaction at $54.83, now -41.5%
2025-11-19 Trimback Thomas F Chief Accounting Officer -$24,091.2 Transaction at $43.02, now -25.5%
2025-07-15 Shaman David R. Chief Legal Officer -$1.2M Transaction at $56.96, now -43.7%
2025-06-23 Bentley Raymond B. -$18.8M Transaction at $50.66, now -36.7%
2025-06-18 Bentley Raymond B. -$31.5M Transaction at $50.11, now -36.0%
2025-07-09 Bentley Keith A. -$8.3M Transaction at $55.54, now -42.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Bentley Systems Inc (BSY) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BSY on Trend Edge →