BSY - Bentley Systems Insider Trades SendAa Signal | Benzinga
A new SEC filing reveals that GREGORY BENTLEY, Chairman at Bentley Systems (NASDAQ:BSY), made a notable insider purchase on January 25,.
What Happened: BENTLEY's recent purchase of 64,787 shares of Bentley Systems, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, reflects confidence in the company's potential. The total transaction value is $3,291,827.
The latest update on Friday morning shows Bentley Systems shares up by 0.1%, trading at $50.1.
About Bentley Systems
Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation and project, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. As of fiscal 2022, approximately 58% of revenue is derived from outside the U.S. (with 28% of revenue coming from EMEA and 18% coming from APAC as of fiscal 2022). Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.
Bentley Systems: Financial Performance Dissected
Revenue Growth: ...