Bentley Systems Discloses $30,000 in Lobbying Expenditures for Q1 2025
Bentley Systems recently reported $30,000 in lobbying expenses for the first quarter of 2025, according to a new Lobbying Disclosure Act filing. This expenditure included efforts related to significant legislative issues such as the reauthorization and appropriations of the Infrastructure Investment and Jobs Act (IIJA).
Insider Trading Activity at Bentley Systems
In the past six months, insiders at Bentley Systems (BSY) executed a total of three trades involving $BSY stock. Notably, all three transactions were sales, with no purchases recorded during this period.
Here is a breakdown of insider sales:
- Gregory S. Bentley (Executive Chair & President) sold 53,968 shares for approximately $2,214,803.
- Brock Ballard (Chief Revenue Officer) sold 12,363 shares for around $557,269.
- Keith A. Bentley sold 1,152 shares for an estimated $53,369.
Recent Hedge Fund Transactions Involving BSY Stock
Recent disclosures indicate that 216 institutional investors increased their holdings in BSY stock, while 260 made reductions in the last quarter.
Some notable moves include:
- Artisan Partners Limited Partnership removed 3,749,190 shares (-100.0%) from their portfolio in Q4 2024, valued at approximately $175,087,173.
- AllianceBernstein L.P. cut 2,697,330 shares (-97.3%) from their holdings in Q1 2025, worth about $106,112,962.
- Bessemer Group Inc added 1,883,185 shares (+8,187,760.9%) in Q1 2025, totaling approximately $74,084,497.
- Swedbank AB increased their stake by 1,873,029 shares (+36.5%) in Q4 2024, equating to around $87,470,454.
- Pictet Asset Management Holding SA sold 1,720,201 shares (-30.6%) in Q1 2025, valued at about $67,672,707.
- Millennium Management LLC increased their holdings by 1,068,801 shares (+190.5%) in Q1 2025, for an estimated value of $42,046,631.
- Vanguard Group Inc added 898,115 shares (+5.3%) in Q1 2025, worth around $35,331,844.
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