Jonathan Hyman Sells 10,000 Shares of Braze (NASDAQ:BRZE) Stock

Braze, Inc. (NASDAQ:BRZE) CTO Jonathan Hyman sold 10,000 shares of Braze stock in a transaction on Monday, August 24th. The shares were sold at an average price of $31.04, for a total transaction of $310,400.00. Following the completion of the sale, the chief technology officer owned 1,185,219 shares in the company, valued at $36,789,197.76. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jonathan Hyman also recently made the following trade(s):

• On Wednesday, August 19th, Jonathan Hyman sold 9,413 shares of Braze stock. The stock was sold at an average price of $29.99, for a total transaction of $282,295.87.
• On Thursday, August 13th, Jonathan Hyman sold 35,000 shares of Braze stock. The shares were sold at an average price of $30.03, for a total value of $1,051,050.00.
• On Monday, August 10th, Jonathan Hyman sold 10,148 shares of Braze stock. The shares were sold at an average price of $27.27, for a total value of $276,735.96.
• On Friday, August 7th, Jonathan Hyman sold 17,895 shares of Braze stock. The stock was sold at an average price of $27.03, for a total value of $483,701.85.

Braze Stock Performance

Shares of NASDAQ BRZE opened at $34.09 on Friday. The stock has a 50 day moving average price of $25.56 and a 200 day moving average price of $22.69. The stock has a market capitalization of $3.84 billion, a PE ratio of -30.44 and a beta of 0.83. Braze, Inc. has a 52 week low of $15.26 and a 52 week high of $37.33.

Braze (NASDAQ:BRZE) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. Braze had a negative return on equity of 17.52% and a negative net margin of 15.51%.The firm had revenue of $211.00 million for the quarter, compared to analyst estimates of $205.19 million. During the same quarter in the previous year, the firm earned $0.07 EPS. The business’s quarterly revenue was up 30.2% on a year-over-year basis. As a group, research analysts forecast that Braze, Inc. will post -0.78 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BRZE. NBC Securities Inc. bought a new position in shares of Braze during the fourth quarter worth approximately $27,000. Fifth Third Bancorp bought a new stake in shares of Braze in the first quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd grew its position in Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after buying an additional 803 shares in the last quarter. Harbor Investment Advisory LLC acquired a new stake in Braze during the second quarter worth approximately $36,000. Finally, Osaic Holdings Inc. increased its stake in Braze by 821.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after acquiring an additional 1,404 shares during the period. Institutional investors and hedge funds own 90.47% of the company’s stock.

Key Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Oppenheimer raised its price target on Braze from $30 to $36 and maintained an “outperform” rating, citing strengthening AI momentum. The new target suggests additional upside from recent trading levels. Benzinga reference
• Positive Sentiment: AI adoption is becoming a key growth catalyst. Oppenheimer believes Braze’s AI opportunity is building, supporting the company’s customer-engagement platform and long-term growth outlook. Analysts remain broadly bullish, with a consensus “moderate buy” rating and an average price target near $35. Braze AI momentum article
• Neutral Sentiment: Post-earnings coverage remains constructive, highlighting Braze’s revenue beat, strong year-over-year growth and raised outlook. However, investors are still looking for greater visibility into the company’s performance in the second half of fiscal 2027. Braze post-earnings analysis
• Negative Sentiment: Insider selling is a modest cautionary signal. Chief Technology Officer Jonathan Hyman sold 10,000 shares worth approximately $310,400, while Chief Revenue Officer Edward McDonnell sold 29,732 shares worth roughly $933,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their significance as a signal of deteriorating business expectations. Braze insider trading article

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BRZE. BTIG Research lifted their price target on Braze from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Braze in a research report on Tuesday, July 7th. Stifel Nicolaus set a $30.00 target price on Braze in a research note on Thursday, May 28th. The Goldman Sachs Group set a $34.00 price target on Braze and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, TD Cowen lifted their price objective on shares of Braze from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $35.76.

About Braze

Braze, Inc is a publicly traded software company (NASDAQ: BRZE) that offers a customer engagement platform designed to help brands build personalized relationships with their users. Founded in 2011 as Appboy by Bill Magnuson, Jon Hyman and Mark Ghermezian, the company adopted the Braze name in 2017 to underscore its focus on fostering strong connections between businesses and consumers. Its cloud-based platform consolidates messaging channels including push notifications, in-app messages, email and SMS, enabling companies to deliver timely, context-driven communications at scale.

The core functionality of Braze’s platform centers on data-driven segmentation, customer journey orchestration and real-time analytics.