Harminder Sehmi Sells 40,609 Shares of Blaize (NASDAQ:BZAI) Stock

Blaize Holdings, Inc. (NASDAQ:BZAI) CFO Harminder Sehmi sold 40,609 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $1.97, for a total value of $79,999.73. Following the sale, the chief financial officer owned 340,991 shares of the company’s stock, valued at approximately $671,752.27. This trade represents a 10.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Harminder Sehmi also recently made the following trade(s):

• On Monday, April 20th, Harminder Sehmi sold 123,460 shares of Blaize stock. The shares were sold at an average price of $2.28, for a total value of $281,488.80.

Blaize Stock Performance

Blaize stock opened at $1.87 on Thursday. The stock has a market cap of $229.54 million, a PE ratio of -0.86 and a beta of 0.08. Blaize Holdings, Inc. has a one year low of $1.00 and a one year high of $6.76. The stock has a fifty day moving average of $1.59 and a 200 day moving average of $2.09.

Wall Street Analyst Weigh In

A number of brokerages have commented on BZAI. Weiss Ratings restated a “sell (e+)” rating on shares of Blaize in a research report on Friday, March 27th. DA Davidson restated a “buy” rating and issued a $3.00 price target on shares of Blaize in a research report on Wednesday, April 29th. Zacks Research cut Blaize from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Rosenblatt Securities restated a “buy” rating and issued a $6.00 price target on shares of Blaize in a research report on Thursday, April 16th. Finally, Wall Street Zen cut Blaize from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Blaize currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.63.

Key Headlines Impacting Blaize

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Priced a registered underwritten offering of 18,918,918 common shares at $1.85 per share to raise roughly $35 million of gross proceeds, which should extend cash runway and fund operations. Blaize Announces Pricing of $35 Million Public Offering of Common Stock
• Neutral Sentiment: Company disclosed an underwriting agreement and a related warrant revision; details and long‑term impact are unclear until full terms are reviewed (could affect dilution/exercise economics). Blaize Holdings Announces Public Equity Offering and Warrant Revision
• Negative Sentiment: Insider selling: CFO Harminder Sehmi sold 40,609 shares (executed under a 10b5‑1 plan), which investors may view as an additional near‑term supply signal despite being pre‑arranged. Blaize (NASDAQ:BZAI) CFO Harminder Sehmi Sells 40,609 Shares
• Negative Sentiment: Legal overhang: Rosen Law Firm has launched a securities class action investigation alleging potential misleading statements, creating regulatory and litigation risk that can depress the stock while unresolved. Rosen Law Firm Encourages Blaize Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – BZAI

Hedge Funds Weigh In On Blaize

A number of hedge funds have recently made changes to their positions in BZAI. Vanguard Group Inc. boosted its stake in shares of Blaize by 301.9% in the third quarter. Vanguard Group Inc. now owns 3,587,998 shares of the company’s stock worth $12,379,000 after acquiring an additional 2,695,204 shares during the period. Millennium Management LLC bought a new position in shares of Blaize in the fourth quarter worth about $1,887,000. UBS Group AG boosted its stake in shares of Blaize by 153.4% in the fourth quarter. UBS Group AG now owns 1,343,035 shares of the company’s stock worth $2,619,000 after acquiring an additional 813,121 shares during the period. Cantor Fitzgerald L. P. bought a new position in shares of Blaize in the fourth quarter worth about $1,500,000. Finally, Polar Asset Management Partners Inc. bought a new position in shares of Blaize in the fourth quarter worth about $759,000. Institutional investors own 97.12% of the company’s stock.

About Blaize

Blaize (NASDAQ: BZAI) is a fabless semiconductor company that designs and develops hardware and software solutions for artificial intelligence (AI) and machine learning applications at the edge. The company’s core technology is centered on its proprietary Graph Streaming Processor (GSP) architecture, which combines dataflow computing with a highly parallel matrix processing engine to deliver real-time AI inference with low power consumption. Blaize’s platform is aimed at customers seeking to deploy sophisticated AI workloads in environments where power efficiency, latency and form factor are critical.

The company offers a hardware portfolio that includes standalone GSP modules, PCIe cards and M.2 form-factor boards, alongside its Blaize AI software stack.