Bentley Systems CRO Brock Ballard Buys Company Shares

On June 11, 2026, Brock Ballard, the Chief Revenue Officer of Bentley Systems, Incorporated, purchased 202 shares of the company. The acquisition did not involve a cash transaction, as the shares were awarded. Bentley Systems trades under the ticker BSY on the NasdaqGS, with shares recently priced at $30.67.

Insider Buying and Selling at Bentley Systems, Incorporated

Brock Ballard wasn't the only insider making moves at Bentley Systems. On the same day, several other executives, including Chief Legal Officer David Shaman and Executive Chair Gregory Bentley, also acquired shares. These transactions were not part of pre-planned trading programs, indicating a direct purchase decision.

Other Institutional Activity in Bentley Systems

Institutional investors have been active in Bentley Systems. BlackRock, Inc. reduced its holdings by about 4.07 million shares, now holding 16.8 million shares valued at approximately $590.2 million. Swedbank AB increased its position by 410,799 shares, bringing its total to 9 million shares worth $316.08 million. Meanwhile, T. Rowe Price Investment Management, Inc. significantly boosted its stake, adding 7.08 million shares to reach 7.99 million shares valued at $280.61 million.

Bentley Systems, Incorporated Stock Down 17.8%

Bentley Systems, trading at $30.67, boasts a market cap of roughly $9.32 billion. The company's P/E ratio stands at 35.25, with a forward P/E of 19.40, reflecting expectations of growth. Over the past year, the stock has seen a low of $29.45 and a high of $59.25. The 50-day moving average is $33.17, while the 200-day moving average is $40.64. Bentley Systems has a current ratio of 0.515 and a debt-to-equity ratio of 95.08, indicating its financial leverage.

Analysts Set New Price Targets

Several analysts have recently weighed in on Bentley Systems. On May 29, 2026, Barclays maintained its hold rating with a $40 price target. Earlier in May, B of A Securities reinstated coverage with a buy rating and a $40 target. Mizuho and Piper Sandler both maintained buy ratings, setting targets at $45. Analyst consensus suggests a mean price target of $45.43 from 14 opinions.

About Bentley Systems

Bentley Systems, Incorporated, based in Exton, Pennsylvania, provides software solutions for infrastructure engineering. The company offers a range of applications for modeling and simulation, serving engineers, architects, and planners across the globe. Founded in 1984, Bentley Systems employs around 5,800 people and is led by CEO Nicholas H. Cumins.

Bottom Line

Brock Ballard's purchase of Bentley Systems shares highlights ongoing insider interest. With a strong market position and active institutional participation, Bentley Systems remains a closely watched company. Insider transactions like these provide a glimpse into the confidence levels of those within the company. As always, 13F filings and insider transactions are historical and may not reflect current positions.