Braze (NASDAQ:BRZE) CTO Sells $125,129.63 in Stock

Braze, Inc. (NASDAQ:BRZE) CTO Jonathan Hyman sold 7,391 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $125,129.63. Following the sale, the chief technology officer owned 1,692,933 shares in the company, valued at $28,661,355.69. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Braze Price Performance

Shares of BRZE traded up $0.12 during midday trading on Friday, reaching $17.16. The stock had a trading volume of 3,387,140 shares, compared to its average volume of 3,179,416. The company has a market cap of $1.93 billion, a price-to-earnings ratio of -15.60 and a beta of 1.07. The company’s fifty day simple moving average is $26.75 and its two-hundred day simple moving average is $27.79. Braze, Inc. has a 1-year low of $16.25 and a 1-year high of $43.89.

Braze (NASDAQ:BRZE) last posted its earnings results on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $190.84 million for the quarter, compared to analyst estimates of $198.25 million. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.Braze’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.02 earnings per share. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. On average, sell-side analysts forecast that Braze, Inc. will post -0.98 earnings per share for the current year.

Hedge Funds Weigh In On Braze

A number of hedge funds and other institutional investors have recently made changes to their positions in BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Braze by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock valued at $1,415,000 after acquiring an additional 1,700 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of Braze by 18.8% in the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock valued at $1,453,000 after purchasing an additional 6,379 shares during the period. CWM LLC raised its stake in shares of Braze by 9.7% during the second quarter. CWM LLC now owns 6,009 shares of the company’s stock worth $169,000 after purchasing an additional 532 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Braze during the second quarter worth $416,000. Finally, AlphaQuest LLC lifted its holdings in shares of Braze by 250.6% during the second quarter. AlphaQuest LLC now owns 17,899 shares of the company’s stock worth $503,000 after purchasing an additional 12,794 shares during the period. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Key Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Battery Management disclosed a roughly $25 million purchase of BRZE shares (an increase of 839,864 shares), which materially boosted the fund’s quarter‑end position and provides a clear institutional demand signal. Fund Discloses $25 Million Braze Stock Investment Amid 60% Share Plunge
• Neutral Sentiment: Reported short-interest figures show “0 shares” and NaN changes for mid-February with a 0.0 days‑to‑cover — this appears to be a data or reporting anomaly rather than a meaningful change in market positioning. Monitor filings or exchange data for a corrected readout before treating this as directional.
• Negative Sentiment: Multiple insiders sold stock over Feb 18–19, representing a visible amount of insider supply (roughly 60,676 shares sold for aggregate proceeds ~ $1.03M): CEO William Magnuson (26,413 shares), CTO Jonathan Hyman (7,391), General Counsel Susan Wiseman (9,930 across two trades), Astha Malik (14,049), and CAO Pankaj Malik (2,893). Large or clustered insider sales can be interpreted negatively by the market even when they may be for diversification or tax reasons. Relevant SEC filings: CEO CEO Form 4, CTO CTO Form 4, GC/other insiders GC Form 4, Astha Malik Form 4, CAO CAO Form 4

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BRZE shares. The Goldman Sachs Group reduced their price objective on shares of Braze from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Oppenheimer reiterated an “outperform” rating and set a $40.00 price target on shares of Braze in a research note on Wednesday, December 10th. Stifel Nicolaus set a $40.00 price objective on shares of Braze in a research note on Monday, February 9th. DA Davidson raised their price objective on Braze from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, Citigroup boosted their target price on Braze from $52.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $44.30.

Braze Company Profile

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.