Insider Selling: Braze (NASDAQ:BRZE) CTO Sells $300,400.00 in Stock

Braze, Inc. (NASDAQ:BRZE) CTO Jonathan Hyman sold 10,000 shares of the business’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $30.04, for a total transaction of $300,400.00. Following the completion of the transaction, the chief technology officer owned 1,133,219 shares in the company, valued at approximately $34,041,898.76. The trade was a 0.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 stock was sold at an average price of $45.33, for a total value 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 value of $1,363,740.00.
• On Monday, August 24th, Jonathan Hyman sold 10,000 shares of Braze stock. The shares were sold at an average price of $31.04, for a total value 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 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 stock was sold at an average price of $27.03, for a total value of $483,701.85.

Braze Trading Up 0.4%

BRZE stock traded up $0.18 during mid-day trading on Thursday, reaching $45.86. The company’s stock had a trading volume of 9,166,189 shares, compared to its average volume of 3,278,701. Braze, Inc. has a 12 month low of $15.26 and a 12 month high of $45.95. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.02. The business’s 50 day moving average price is $28.98 and its 200 day moving average price is $25.24. The company has a market cap of $5.21 billion, a price-to-earnings ratio of -44.52 and a beta of 0.91.

Braze (NASDAQ:BRZE) last posted its quarterly earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. The firm had revenue of $227.23 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the business earned $0.15 EPS. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. On average, equities research analysts predict that Braze, Inc. will post -0.70 EPS for the current year.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Salesforce acquisition establishes a $47.50 valuation. Salesforce agreed to acquire Braze in an all-cash transaction valued at approximately $5.66 billion, representing roughly a 58% premium to Braze’s prior closing price. The transaction is expected to strengthen Salesforce’s marketing technology and AI-related data capabilities. Completion remains subject to shareholder approval, antitrust review and other conditions. Salesforce Fuels AI Engine With $5.66B Braze Buyout
• Positive Sentiment: Strategic rationale received support. UBS characterized the transaction as a solid strategic fit at a reasonable price, citing Braze’s faster-growing customer-engagement platform as a potential addition to Salesforce’s portfolio. Salesforce’s Braze Deal Wins UBS Backing
• Positive Sentiment: Options activity indicates bullish interest. Traders purchased an unusually high volume of Braze call options, suggesting some market participants are positioning for the stock to reach or exceed the proposed transaction price. Stock Traders Buy High Volume of Braze Call Options
• Neutral Sentiment: Upside is now largely tied to deal completion. A recent analysis argued that Braze still appeared undervalued after its major rally, but the stock’s proximity to the $47.50 offer price leaves limited immediate upside unless Salesforce raises its bid or another offer emerges. Braze Stock Still Looks Undervalued Following Its 80% Run
• Negative Sentiment: Analyst downgrades reflect limited upside. DA Davidson cut Braze to “hold,” while Citigroup moved to “neutral.” Both firms set price targets of $47.50, indicating that the stock is close to fair value under the announced deal.
• Negative Sentiment: Deal-related investigations could add uncertainty. Kahn Swick & Foti and Amparo Investor Rights are reviewing whether the purchase price and sale process adequately protect shareholders. Such inquiries may delay or complicate the transaction, although they do not currently change the announced terms. Braze Investor Alert

Institutional Investors Weigh In On Braze

Several hedge funds and other institutional investors have recently modified their holdings of BRZE. Dimensional Fund Advisors LP acquired a new position in shares of Braze during the first quarter valued at about $14,294,000. Squarepoint Ops LLC increased its position in shares of Braze by 13.3% during the second quarter. Squarepoint Ops LLC now owns 391,337 shares of the company’s stock worth $8,488,000 after acquiring an additional 46,049 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Braze by 1,057.5% during the first quarter. Quantinno Capital Management LP now owns 199,292 shares of the company’s stock worth $4,705,000 after acquiring an additional 182,074 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Braze by 252.9% in the 1st quarter. First Trust Advisors LP now owns 167,498 shares of the company’s stock worth $3,955,000 after acquiring an additional 120,033 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Braze in the 2nd quarter worth about $11,814,000. Institutional investors own 90.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Loop Capital lowered shares of Braze from a “buy” rating to a “hold” rating and set a $47.50 target price on the stock. in a research note on Tuesday. JPMorgan Chase & Co. decreased their price target on shares of Braze from $35.00 to $34.00 and set an “overweight” rating for the company in a research note on Wednesday, September 9th. William Blair lowered shares of Braze from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Oppenheimer cut shares of Braze from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Finally, Stifel Nicolaus reissued a “hold” rating and set a $47.50 price objective (up from $35.00) on shares of Braze in a research report on Tuesday. Seven research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $43.95.

About Braze

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.