Braze (NASDAQ:BRZE) CEO William Magnuson Sells 26,413 Shares

Braze, Inc. (NASDAQ:BRZE) CEO William Magnuson sold 26,413 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $447,172.09. Following the sale, the chief executive officer directly owned 4,491,098 shares in the company, valued at $76,034,289.14. This trade represents a 0.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Braze Trading Up 0.7%

Shares of Braze stock opened at $17.16 on Friday. The business has a 50-day moving average price of $26.43 and a two-hundred day moving average price of $27.72. Braze, Inc. has a 1-year low of $16.25 and a 1-year high of $43.89. The company has a market cap of $1.93 billion, a P/E ratio of -15.60 and a beta of 1.07.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in Braze by 2.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,316,234 shares of the company’s stock worth $65,086,000 after purchasing an additional 64,025 shares in the last quarter. Citizens Financial Group Inc. RI bought a new stake in Braze during the second quarter worth $736,000. Versor Investments LP purchased a new stake in Braze in the 2nd quarter valued at $638,000. AlphaQuest LLC raised its position in Braze by 250.6% in the 2nd quarter. AlphaQuest LLC now owns 17,899 shares of the company’s stock valued at $503,000 after buying an additional 12,794 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Braze by 10.9% during the second quarter. Geode Capital Management LLC now owns 1,797,546 shares of the company’s stock valued at $50,517,000 after purchasing an additional 177,391 shares in the last quarter. 90.47% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Braze

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

Wall Street Analyst Weigh In

BRZE has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on shares of Braze from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $38.00 price target on shares of Braze in a research note on Wednesday, December 10th. Wolfe Research upgraded shares of Braze to an “overweight” rating in a report on Wednesday, December 10th. DA Davidson increased their price objective on shares of Braze from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Oppenheimer restated an “outperform” rating and issued a $40.00 target price on shares of Braze in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.30.

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.