Pankaj Malik Sells 2,893 Shares of Braze (NASDAQ:BRZE) Stock

Braze, Inc. (NASDAQ:BRZE) CAO Pankaj Malik sold 2,893 shares of Braze stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $48,978.49. Following the sale, the chief accounting officer directly owned 50,679 shares in the company, valued at $857,995.47. This trade represents a 5.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Pankaj Malik also recently made the following trade(s):

• On Wednesday, December 17th, Pankaj Malik sold 5,540 shares of Braze stock. The shares were sold at an average price of $35.76, for a total transaction of $198,110.40.

Braze Stock Performance

Shares of NASDAQ BRZE opened at $17.16 on Friday. Braze, Inc. has a 1 year low of $16.25 and a 1 year high of $43.89. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of -15.60 and a beta of 1.07. The stock’s 50-day simple moving average is $26.43 and its 200-day simple moving average is $27.73.

Braze (NASDAQ:BRZE) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.06 earnings per share 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 firm had revenue of $190.84 million during the quarter, compared to analyst estimates of $198.25 million. During the same quarter last year, the firm earned $0.02 EPS. Braze’s quarterly revenue was up 25.5% on a year-over-year basis. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. As a group, research analysts predict that Braze, Inc. will post -0.98 EPS for the current year.

Hedge Funds Weigh In On Braze

A number of large investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Braze by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock valued at $1,415,000 after purchasing an additional 1,700 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of Braze by 18.8% in the 1st quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock worth $1,453,000 after purchasing an additional 6,379 shares during the last quarter. CWM LLC boosted its position in Braze by 9.7% during the 2nd quarter. CWM LLC now owns 6,009 shares of the company’s stock valued at $169,000 after purchasing an additional 532 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Braze during the 2nd quarter worth $416,000. Finally, AlphaQuest LLC grew its stake in Braze by 250.6% during the 2nd quarter. AlphaQuest LLC now owns 17,899 shares of the company’s stock worth $503,000 after buying an additional 12,794 shares during the last quarter. Institutional investors own 90.47% of the company’s stock.

Braze News Roundup

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

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Piper Sandler reduced their price objective on shares of Braze from $50.00 to $30.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. Oppenheimer reaffirmed an “outperform” rating and set a $40.00 price target on shares of Braze in a research report on Wednesday, December 10th. Citigroup lifted their price target on Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Barclays upped their price objective on Braze from $39.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $38.00 target price on shares of Braze in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently 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.