On September 10, 2024, Michael Campbell, Chief Product Officer of Bentley Systems Inc (BSY, Financial), sold 7,781 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 67,747 shares of Bentley Systems Inc.
Bentley Systems Inc is a global provider of software solutions for engineers, architects, geospatial professionals, constructors, and owner-operators for the design, construction, and operations of infrastructure. The company's software products are used for projects such as the design and simulation of infrastructure assets, including public works, utilities, industrial plants, and digital cities.
Over the past year, Michael Campbell has sold a total of 15,214 shares and has not purchased any shares. This recent sale is part of a broader trend observed within Bentley Systems Inc, where there have been 14 insider sells and no insider buys over the past year.
On the day of the sale, shares of Bentley Systems Inc were trading at $47.27. This pricing gives the company a market cap of approximately $14.77 billion. The price-earnings ratio of the company stands at 42.87, which is above the industry median of 25.56.
According to the GF Value, the intrinsic value estimate for Bentley Systems Inc is $52.91 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.89. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, such as the price-to-free cash flow and other financial ratios.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
