Braze, Inc. (NASDAQ:BRZE – Get Free Report) CTO Jonathan Hyman sold 10,000 shares of Braze stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $30.04, for a total transaction of $300,400.00. Following the transaction, the chief technology officer directly owned 1,133,219 shares in the company, valued at $34,041,898.76. This trade represents a 0.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jonathan Hyman also recently made the following trade(s):
- On Tuesday, October 20th, Jonathan Hyman sold 285,000 shares of Braze stock. The shares were sold at an average price of $45.33, for a total transaction of $12,919,050.00.
- On Thursday, August 27th, Jonathan Hyman sold 42,000 shares of Braze stock. The shares were sold at an average price of $32.47, for a total transaction of $1,363,740.00.
- On Monday, August 24th, Jonathan Hyman sold 10,000 shares of Braze stock. The stock was sold at an average price of $31.04, for a total transaction of $310,400.00.
- On Wednesday, August 19th, Jonathan Hyman sold 9,413 shares of Braze stock. The shares were 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 Trading Up 0.0%
Shares of Braze stock opened at $45.88 on Friday. The stock has a 50 day moving average of $29.64 and a 200 day moving average of $25.54. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.27 and a current ratio of 1.27. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of -44.54 and a beta of 0.91. Braze, Inc. has a fifty-two week low of $15.26 and a fifty-two week high of $45.94.
Braze (NASDAQ:BRZE – Get Free Report) last posted its earnings results on Tuesday, September 8th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. The company had revenue of $227.23 million for the quarter, compared to the consensus estimate of $220.27 million. Braze had a negative return on equity of 16.11% and a negative net margin of 13.55%. The company’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 earnings per share. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. As a group, research analysts predict that Braze, Inc. will post -0.70 earnings per share for the current year.
Analyst Upgrades and Downgrades
BRZE has been the topic of several recent analyst reports. Loop Capital lowered shares of Braze from a “buy” rating to a “hold” rating and set a $47.50 price objective on the stock. in a report on Tuesday. Citizens Jmp reissued a “market outperform” rating and issued a $35.00 target price on shares of Braze in a research report on Monday, October 5th. Raymond James Financial cut Braze from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Stephens lowered Braze from an “overweight” rating to a “buy” rating and raised their price target for the stock from $34.00 to $47.50 in a research report on Wednesday. Finally, Barclays reaffirmed an “equal weight” rating and issued a $48.00 price objective (up from $38.00) on shares of Braze in a research note on Tuesday. Five equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Braze has a consensus rating of “Hold” and an average price target of $43.95.
Get Our Latest Research Report on Braze
Institutional Investors Weigh In On Braze
Hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its stake in Braze by 3,650.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock valued at $28,000 after buying an additional 803 shares in the last quarter. Fifth Third Bancorp acquired a new position in Braze in the first quarter valued at approximately $27,000. Harbor Investment Advisory LLC acquired a new position in Braze in the second quarter valued at approximately $36,000. Essential Partners LLC grew its position in shares of Braze by 109.8% in the 1st quarter. Essential Partners LLC now owns 2,174 shares of the company’s stock valued at $51,000 after buying an additional 1,138 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Braze during the second quarter worth about $50,000. Institutional investors and hedge funds own 90.47% of the company’s stock.
Braze News Summary
Here are the key news stories impacting Braze this week:
- Positive Sentiment: Salesforce agreed to acquire Braze for $47.50 per share in cash, valuing the customer-engagement software company at approximately $5.66 billion. The offer represents a substantial premium to Braze’s pre-announcement price and gives shareholders a defined cash exit. Salesforce expects to integrate Braze’s mobile messaging, customer data and automated marketing capabilities into Marketing Cloud. Why Braze Stock Soared This Week
- Positive Sentiment: High-volume purchases of Braze call options and commentary that the stock may still be undervalued after its recent rally indicate continued bullish positioning among some investors. Stock Traders Buy High Volume of Braze Call Options
- Neutral Sentiment: The acquisition effectively establishes a near-term ceiling around the $47.50 offer price. Analysts have raised fair-value estimates toward that level, but the limited remaining upside has prompted Barclays, Canaccord Genuity Group, Mizuho, DA Davidson and Citigroup to move toward Hold or equivalent ratings. Braze Stock Sees Fair Value Lift
- Neutral Sentiment: The deal remains subject to shareholder and regulatory approvals, so the discount between the market price and $47.50 reflects closing risk and the time required to complete the transaction.
- Neutral Sentiment: Chief Business Officer Astha Malik’s reported shareholding was revised to 257,756 shares following a tax-withholding adjustment. The filing appears administrative rather than a new investment signal. Astha Malik Shareholding Adjustment
- Negative Sentiment: CTO Jonathan Hyman sold 285,000 shares for approximately $12.9 million and previously sold another 10,000 shares. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and he retains a substantial stake, limiting—but not eliminating—the negative signal. Braze Insider Selling
Braze Company Profile
Braze, Inc is a customer engagement software company that provides a platform for businesses to build, manage and measure personalized interactions with consumers. Its technology is designed to help brands communicate with customers across digital channels, including mobile applications, websites, email, SMS and messaging services.
The Braze platform supports customer data collection and segmentation, campaign creation, journey orchestration, experimentation and engagement analytics. Its capabilities include in-app and web messaging, push notifications, email marketing, content personalization and automated lifecycle campaigns.
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