Stanley Laman Group Ltd. Has $267,000 Stake in Braze, Inc. $BRZE

Stanley Laman Group Ltd. decreased its stake in Braze, Inc. (NASDAQ:BRZE) by 5.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 9,514 shares of the company’s stock after selling 533 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Braze were worth $267,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. US Bancorp DE lifted its stake in shares of Braze by 1.4% in the 1st quarter. US Bancorp DE now owns 21,314 shares of the company’s stock valued at $769,000 after acquiring an additional 302 shares during the last quarter. IFP Advisors Inc increased its holdings in Braze by 15.3% in the 1st quarter. IFP Advisors Inc now owns 3,386 shares of the company’s stock worth $122,000 after purchasing an additional 449 shares in the last quarter. GAMMA Investing LLC raised its position in Braze by 236.1% in the first quarter. GAMMA Investing LLC now owns 736 shares of the company’s stock valued at $27,000 after purchasing an additional 517 shares during the last quarter. CWM LLC raised its position in Braze by 9.7% in the second quarter. CWM LLC now owns 6,009 shares of the company’s stock valued at $169,000 after purchasing an additional 532 shares during the last quarter. Finally, Quarry LP boosted its stake in shares of Braze by 296.0% during the first quarter. Quarry LP now owns 796 shares of the company’s stock valued at $29,000 after purchasing an additional 595 shares in the last quarter. Institutional investors own 90.47% of the company’s stock.

Insider Buying and Selling at Braze

In other news, CAO Pankaj Malik sold 4,174 shares of Braze stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $32.77, for a total value of $136,781.98. Following the completion of the sale, the chief accounting officer owned 62,756 shares in the company, valued at $2,056,514.12. The trade was a 6.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Susan Wiseman sold 4,943 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $25.14, for a total transaction of $124,267.02. Following the transaction, the general counsel owned 229,724 shares in the company, valued at $5,775,261.36. The trade was a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 75,012 shares of company stock valued at $2,028,483 over the last ninety days. Insiders own 18.20% of the company’s stock.

Braze Stock Performance

NASDAQ:BRZE opened at $26.14 on Friday. Braze, Inc. has a 52 week low of $23.91 and a 52 week high of $48.33. The firm’s fifty day moving average is $28.28 and its 200-day moving average is $29.62. The firm has a market cap of $2.91 billion, a P/E ratio of -25.13 and a beta of 1.10.

Braze (NASDAQ:BRZE) last released its earnings results on Thursday, September 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.25). Braze had a negative net margin of 16.62% and a negative return on equity of 17.97%. The firm had revenue of $180.11 million during the quarter, compared to analyst estimates of $171.63 million. During the same quarter in the previous year, the firm earned $0.09 EPS. Braze’s quarterly revenue was up 23.8% on a year-over-year basis. Braze has set its FY 2026 guidance at 0.410-0.420 EPS. Q3 2026 guidance at 0.060-0.070 EPS. As a group, sell-side analysts anticipate that Braze, Inc. will post -0.98 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on BRZE. The Goldman Sachs Group set a $52.00 price objective on Braze and gave the company a “buy” rating in a research note on Saturday, September 6th. Needham & Company LLC restated a “buy” rating on shares of Braze in a research report on Wednesday. Piper Sandler reaffirmed an “overweight” rating and set a $50.00 price target on shares of Braze in a research note on Wednesday, October 1st. Canaccord Genuity Group reissued a “buy” rating and issued a $43.00 price objective on shares of Braze in a research note on Friday, September 5th. Finally, UBS Group decreased their price objective on Braze from $48.00 to $43.00 and set a “buy” rating for the company in a report on Friday, September 5th. Nineteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Braze presently has an average rating of “Moderate Buy” and a consensus price target of $45.11.

Braze Company Profile

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.