--- title: "Natixis Advisors LLC Sells 73,926 Shares of Bentley Systems, Incorporated (NASDAQ:BSY)" description: "Natixis Advisors LLC sold 73,926 shares of Bentley Systems, reducing its holdings by 66.7% to 36,940 shares. Institutional investors own 44.16% of Bentley's stock. Analysts have varying ratings on the" type: "news" locale: "en" url: "https://longbridge.com/en/news/213922693.md" published_at: "2024-09-10T08:28:10.000Z" --- # Natixis Advisors LLC Sells 73,926 Shares of Bentley Systems, Incorporated (NASDAQ:BSY) > Natixis Advisors LLC sold 73,926 shares of Bentley Systems, reducing its holdings by 66.7% to 36,940 shares. Institutional investors own 44.16% of Bentley's stock. Analysts have varying ratings on the stock, with most giving it a 'Moderate Buy' consensus and a target price around $30. Shares recently fell 4.0% and are valued at $32.34. Bentley Systems reported strong earnings, exceeding analysts' expectations, with a quarterly revenue increase of 11.3% year-over-year. The company will pay a quarterly dividend on September 26. Natixis Advisors LLC decreased its holdings in Bentley Systems, Incorporated (NASDAQ:BSY - Free Report) by 66.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,940 shares of the company's stock after selling 73,926 shares during the period. Natixis Advisors LLC's holdings in Bentley Systems were worth $1,823,000 at the end of the most recent reporting period. Get **Bentley Systems** alerts: Several other institutional investors have also recently made changes to their positions in BSY. Van ECK Associates Corp bought a new position in Bentley Systems in the 4th quarter worth approximately $72,000. Charles Schwab Investment Management Inc. boosted its position in shares of Bentley Systems by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,430,019 shares of the company's stock worth $74,618,000 after acquiring an additional 28,285 shares during the last quarter. Principal Securities Inc. purchased a new position in Bentley Systems during the fourth quarter valued at $73,000. Dimensional Fund Advisors LP increased its holdings in Bentley Systems by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 589,191 shares of the company's stock valued at $30,748,000 after acquiring an additional 11,923 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Bentley Systems by 9.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 37,755 shares of the company's stock worth $1,970,000 after purchasing an additional 3,343 shares in the last quarter. Hedge funds and other institutional investors own 44.16% of the company's stock. ## Analysts Set New Price Targets BSY has been the subject of a number of research analyst reports. Royal Bank of Canada restated an "outperform" rating and set a $61.00 price objective on shares of Bentley Systems in a research report on Wednesday, August 7th. The Goldman Sachs Group reduced their price objective on Bentley Systems from $57.00 to $50.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 7th. Piper Sandler reiterated an "overweight" rating and set a $63.00 target price on shares of Bentley Systems in a research report on Wednesday, August 7th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $62.00 price objective on shares of Bentley Systems in a research note on Wednesday, August 7th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $59.57. **Read Our Latest Stock Analysis on Bentley Systems** ## Insider Buying and Selling In other Bentley Systems news, Director Raymond B. Bentley sold 91,045 shares of the firm's stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $49.43, for a total value of $4,500,354.35. Following the completion of the sale, the director now directly owns 16,598,656 shares in the company, valued at $820,471,566.08. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 21.12% of the stock is currently owned by company insiders. ## Bentley Systems Stock Down 4.0 % Shares of NASDAQ BSY opened at $46.34 on Tuesday. Bentley Systems, Incorporated has a 12-month low of $43.82 and a 12-month high of $57.19. The stock's fifty day simple moving average is $49.08 and its two-hundred day simple moving average is $50.63. The stock has a market capitalization of $13.37 billion, a PE ratio of 43.31, a price-to-earnings-growth ratio of 4.03 and a beta of 1.03. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.36. Bentley Systems (NASDAQ:BSY - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.08. The company had revenue of $330.34 million for the quarter, compared to the consensus estimate of $325.20 million. Bentley Systems had a return on equity of 31.71% and a net margin of 29.17%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.20 earnings per share. As a group, analysts expect that Bentley Systems, Incorporated will post 0.9 EPS for the current fiscal year. ## Bentley Systems Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Tuesday, September 17th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Tuesday, September 17th. Bentley Systems's payout ratio is currently 22.43%. ## Bentley Systems Profile (Free Report) 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 engineering applications, such as MicroStation, OpenBridge, OpenBuildings, OpenCities, OpenComms, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite, OpenTower, OpenTunnel, OpenUtilities, and OpenWindowPower; and open simulation engineering applications, including ADINA, AutoPIPE, CUBE, DYNAMEQ, EMME, LEGION, Power Line Systems, RAM, SACS, SPIDA, and STAAD; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including AGS, Central, GeoStudio, Imago, Leapfrog, MX Deposit, Oasis montaj, OpenGround, and PLAXIS. ## Recommended Stories - Five stocks we like better than Bentley Systems - Find and Profitably Trade Stocks at 52-Week Lows - Why Block's Key Components Make It a Solid Investment Choice - How to Most Effectively Use the MarketBeat Earnings Screener - Is Applied Digital's Stock Set to Surge With NVIDIA's Backing? - 3 Grocery Stocks That Can Help Take a Bite Out of Inflation - 4 Reasons to Consider Adding General Mills to Your Portfolio *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → The solution to fast food’s wage hike crisis (From Deal Maker) (Ad)## Should you invest $1,000 in Bentley Systems right now? Before you consider Bentley Systems, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bentley Systems wasn't on the list. While Bentley Systems currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [BSY.US - Bentley Systems - B](https://longbridge.com/en/quote/BSY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Bentley Systems, Incorporated（納斯達克股票代碼：BSY）被分析師平均推薦為 “適度買入” | 根據十三家券商的平均推薦，Bentley Systems, Incorporated (NASDAQ:BSY) 的股票獲得了 “適度買入” 的評級。一位分析師將其評為賣出，四位評為持有，八位評為買入。平均目標價為 53.00 美元。最近的目 | [Link](https://longbridge.com/en/news/275559958.md) | | 通過 8 位分析師的視角，瞭解 Bentley Systems 的專家展望 | 過去三個月，8 位分析師對 Bentley Systems（納斯達克代碼：BSY）進行了評估，顯示出混合的看漲和看跌情緒。近期評級表明，平均目標價格從 60.12 美元下降至 53.62 美元，最高預估為 62.00 美元，最低為 45.0 | [Link](https://longbridge.com/en/news/272415343.md) | | 安達保險任命 Scott Henck 為全球首席精算師 \| CB 股票新聞 | 安達保險（Chubb Limited）已任命斯科特·亨克（Scott Henck）為新的全球首席精算師，接替即將退休的保羅·奧康奈爾（Paul O'Connell）。亨克此前擔任北美首席精算師，將於 4 月 1 日起負責所有精算職能。辛西婭 | [Link](https://longbridge.com/en/news/276367688.md) | | REG - MITIE 集團 PLC - 董事/高管人員持股情況 | 2026 年 2 月 16 日，MITIE Group PLC 宣佈首席執行官 Phil Bentley 購買了 84 股合夥人股份，並根據公司的股份激勵計劃獲得了 42 股配對股份。這些股份的購買價格為每股 178.8004 便士，總計 | [Link](https://longbridge.com/en/news/276068975.md) | | Mitie 集團（LON:MTO）的內部人士購買了價值 150.36 英鎊的股票 | Mitie Group plc 的內部人士 Phillip Bentley 於 2 月 13 日以每股 179 便士購買了 84 股，總計 150.36 英鎊。這是在之前以 166 便士購買 91 股和以 154 便士購買 195,000 | [Link](https://longbridge.com/en/news/276073165.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.