Braze (NASDAQ:BRZE) CTO Sells $310,400.00 in Stock

Braze, Inc. (NASDAQ:BRZE) CTO Jonathan Hyman sold 10,000 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $31.04, for a total value of $310,400.00. Following the completion of the transaction, the chief technology officer directly owned 1,185,219 shares in the company, valued at $36,789,197.76. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 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 value of $1,363,740.00.
• 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 value of $282,295.87.
• On Thursday, August 13th, Jonathan Hyman sold 35,000 shares of Braze stock. The stock was 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 stock was 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 shares were sold at an average price of $27.03, for a total value of $483,701.85.

Braze Stock Performance

Shares of NASDAQ:BRZE opened at $34.53 on Friday. Braze, Inc. has a 1 year low of $15.26 and a 1 year high of $37.33. The stock has a 50-day simple moving average of $25.85 and a 200-day simple moving average of $22.77. The stock has a market capitalization of $3.89 billion, a P/E ratio of -30.83 and a beta of 0.83.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.10 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.10. Braze had a negative net margin of 15.51% and a negative return on equity of 17.52%. The firm had revenue of $211.00 million for the quarter, compared to analysts’ expectations of $205.19 million. During the same period in the previous year, the company posted $0.07 earnings per share. Braze’s revenue was up 30.2% compared to the same quarter last year. Analysts predict that Braze, Inc. will post -0.78 earnings per share for the current year.

Institutional Investors Weigh In On Braze

A number of institutional investors have recently modified their holdings of the stock. NBC Securities Inc. acquired a new stake in Braze during the fourth quarter valued at approximately $27,000. Fifth Third Bancorp acquired a new position in shares of Braze in the 1st quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Braze by 3,650.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock valued at $28,000 after acquiring an additional 803 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in shares of Braze during the 2nd quarter valued at approximately $36,000. Finally, Osaic Holdings Inc. raised its position in shares of Braze by 821.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock valued at $44,000 after acquiring an additional 1,404 shares in the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.

Wall Street Analyst Weigh In

BRZE has been the subject of a number of research reports. Mizuho decreased their price target on shares of Braze from $40.00 to $32.00 and set an “outperform” rating for the company in a research report on Thursday, May 28th. Canaccord Genuity Group reduced their price objective on Braze from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, May 28th. The Goldman Sachs Group set a $34.00 target price on Braze and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Oppenheimer increased their target price on Braze from $30.00 to $36.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Citigroup dropped their target price on Braze from $49.00 to $48.00 and set a “buy” rating on the stock in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $35.76.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Oppenheimer raised its price target to $36 from $30 and maintained an “outperform” rating, citing improving AI momentum. The new target implies additional upside from recent trading levels. Oppenheimer raises Braze price target
• Positive Sentiment: Recent earnings momentum remains supportive. Braze reported quarterly revenue of $211 million, above the $205.2 million consensus estimate, with revenue up 30.2% year over year. Coverage also highlighted a quarterly earnings beat and raised guidance, reinforcing the growth narrative. Braze earnings beat and raised guidance
• Positive Sentiment: Analyst sentiment is broadly favorable. Braze has attracted positive coverage focused on its AI opportunity, and the stock’s consensus rating is “Moderate Buy,” with an average price target near $35.06. Braze AI momentum builds
• Neutral Sentiment: Analysts have differing views on Braze’s longer-term outlook, particularly regarding growth expectations in the second half of fiscal 2027. This could limit enthusiasm despite the favorable near-term AI narrative. Analysts have conflicting sentiments on Braze
• Negative Sentiment: CTO Jonathan Hyman sold 42,000 shares for approximately $1.36 million on August 27, following a 10,000-share sale earlier in the week and several other August sales. The transactions were conducted under a pre-arranged Rule 10b5-1 plan, reducing their signaling value, but the repeated selling may still weigh on sentiment. Braze CTO insider sale filing

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.