Robeco Schweiz AG Has $14.79 Million Stock Holdings in Bentley Systems, Incorporated (NASDAQ:BSY)

Robeco Schweiz AG lowered its stake in shares of Bentley Systems, Incorporated (NASDAQ:BSY) by 11.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 316,706 shares of the company’s stock after selling 41,731 shares during the period. Robeco Schweiz AG owned approximately 0.11% of Bentley Systems worth $14,790,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in BSY. Point72 Hong Kong Ltd bought a new position in shares of Bentley Systems in the 3rd quarter worth $30,000. Tobam acquired a new position in Bentley Systems during the fourth quarter worth $55,000. Anchor Investment Management LLC bought a new position in shares of Bentley Systems in the third quarter valued at $110,000. IFP Advisors Inc grew its holdings in shares of Bentley Systems by 4,627.3% during the fourth quarter. IFP Advisors Inc now owns 4,680 shares of the company’s stock valued at $220,000 after buying an additional 4,581 shares during the last quarter. Finally, Quest Partners LLC bought a new stake in shares of Bentley Systems during the third quarter worth about $221,000. Institutional investors own 44.16% of the company’s stock.

Bentley Systems Price Performance

Shares of NASDAQ BSY opened at $44.62 on Thursday. The company has a market capitalization of $12.97 billion, a PE ratio of 40.20, a PEG ratio of 3.52 and a beta of 1.03. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.37. The stock’s 50 day moving average price is $46.61 and its 200-day moving average price is $48.36. Bentley Systems, Incorporated has a twelve month low of $43.82 and a twelve month high of $57.19.

Analyst Upgrades and Downgrades

BSY has been the topic of several recent research reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $62.00 price target on shares of Bentley Systems in a research report on Tuesday. JPMorgan Chase & Co. began coverage on Bentley Systems in a report on Monday, December 9th. They issued a “neutral” rating and a $52.00 target price on the stock. Finally, Piper Sandler cut their target price on Bentley Systems from $65.00 to $57.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.00.

Insider Buying and Selling

In related news, Director Keith A. Bentley sold 1,152 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $46.33, for a total transaction of $53,372.16. Following the completion of the sale, the director now owns 16,703,876 shares in the company, valued at approximately $773,890,575.08. This trade represents a 0.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 21.12% of the stock is currently owned by corporate insiders.

Bentley Systems Profile

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.