JSF Financial LLC Sells 12,000 Shares of Braze, Inc. $BRZE

JSF Financial LLC trimmed its position in Braze, Inc. (NASDAQ:BRZE) by 31.1% during the third quarter, Holdings Channel reports. The firm owned 26,558 shares of the company’s stock after selling 12,000 shares during the quarter. JSF Financial LLC’s holdings in Braze were worth $667,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Capstone Capital Management Ltd lifted its stake in Braze by 306.7% in the 3rd quarter. Capstone Capital Management Ltd now owns 47,986 shares of the company’s stock valued at $1,204,000 after purchasing an additional 36,186 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in Braze by 32.5% during the third quarter. State of Alaska Department of Revenue now owns 5,578 shares of the company’s stock worth $140,000 after purchasing an additional 1,367 shares during the period. Juncture Wealth Strategies LLC acquired a new position in Braze during the third quarter worth approximately $210,000. Whetstone Capital Advisors LLC acquired a new position in Braze during the second quarter worth approximately $671,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Braze during the second quarter worth approximately $50,000. 90.47% of the stock is owned by institutional investors.

Braze Stock Up 0.4%

BRZE stock opened at $45.86 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market capitalization of $5.21 billion, a price-to-earnings ratio of -44.52 and a beta of 0.91. The business’s fifty day moving average price is $29.30 and its two-hundred day moving average price is $25.39. Braze, Inc. has a fifty-two week low of $15.26 and a fifty-two week high of $45.95.

Braze (NASDAQ:BRZE) last posted its earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. The company had revenue of $227.23 million during 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 was up 26.2% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities analysts anticipate that Braze, Inc. will post -0.70 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Braze from $35.00 to $34.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 9th. Wells Fargo & Company downgraded Braze from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $45.00 to $47.50 in a research note on Tuesday. Canaccord Genuity Group set a $47.50 target price on Braze in a research note on Tuesday. Weiss Ratings raised Braze from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. Finally, Needham & Company LLC cut Braze from a “buy” rating to a “hold” rating in a research note on Tuesday. Seven analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $43.95.

More Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Salesforce’s proposed acquisition values Braze at approximately $5.66 billion and offers shareholders $47.50 per share, representing roughly a 58% premium to Braze’s pre-announcement price. The transaction gives investors a defined cash exit and supports the stock’s move toward the offer price. Salesforce Fuels AI Engine With $5.66B Braze Buyout
• Positive Sentiment: UBS described the acquisition as a strategic fit at a reasonable price, noting that Braze would add a faster-growing marketing-technology platform to Salesforce’s portfolio and strengthen its real-time data and AI offerings. Salesforce’s Braze deal wins UBS backing
• Positive Sentiment: Trading activity also reflects bullish sentiment: investors purchased a high volume of Braze call options, while a separate analysis argued that the stock could remain undervalued despite its approximately 80% run. Stock Traders Buy High Volume of Braze Call Options
• Neutral Sentiment: DA Davidson lowered its rating from Buy to Hold, and Citigroup cut its rating from Buy to Neutral. However, both firms set price targets of $47.50, leaving limited upside but broadly aligning with Salesforce’s offer.
• Neutral Sentiment: The deal remains subject to shareholder approval and antitrust review, with completion expected in Salesforce’s fiscal 2028. The current price below $47.50 reflects some uncertainty about closing and timing.
• Negative Sentiment: Several law firms are investigating whether the proposed price and sale process adequately protect Braze shareholders. These inquiries do not currently change the offer but could create legal or deal-completion risks. Braze Investor Alert
• Negative Sentiment: CTO Jonathan Hyman sold a combined 295,000 shares under a pre-arranged Rule 10b5-1 plan. Although the sales were scheduled and he retains a substantial stake, the transactions may weigh modestly on sentiment after the recent rally.

Insider Buying and Selling

In other Braze news, CRO Edward M. Mcdonnell sold 29,732 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $31.38, for a total value of $932,990.16. Following the completion of the sale, the executive owned 409,630 shares of the company’s stock, valued at $12,854,189.40. The trade was a 6.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jonathan Hyman sold 285,000 shares of the business’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $45.33, for a total transaction of $12,919,050.00. Following the completion of the sale, the chief technology officer directly owned 848,219 shares of the company’s stock, valued at $38,449,767.27. This represents a 25.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 498,568 shares of company stock valued at $19,315,911. 12.50% of the stock is owned by company insiders.

Braze 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.