Insider Selling: Braze (NASDAQ:BRZE) CRO Sells $932,990.16 in Stock

Braze, Inc. (NASDAQ:BRZE) CRO Edward Mcdonnell sold 29,732 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $31.38, for a total transaction of $932,990.16. Following the completion of the sale, the executive directly owned 409,630 shares of the company’s stock, valued at $12,854,189.40. This trade represents a 6.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Braze Stock Performance

BRZE stock opened at $34.53 on Friday. The firm has a market cap of $3.89 billion, a P/E ratio of -30.83 and a beta of 0.83. The firm’s fifty day moving average is $25.85 and its 200 day moving average is $22.77. Braze, Inc. has a 52 week low of $15.26 and a 52 week high of $37.33.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on BRZE shares. Weiss Ratings restated a “sell (e+)” rating on shares of Braze in a research report on Tuesday, July 7th. DA Davidson reiterated a “buy” rating and issued a $33.00 price objective on shares of Braze in a research report on Thursday, May 28th. Stifel Nicolaus set a $30.00 target price on shares of Braze in a report on Thursday, May 28th. Oppenheimer increased their price target on shares of Braze from $30.00 to $36.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $38.00 price target on shares of Braze in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.76.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BRZE. Vanguard Group Inc. raised its holdings in Braze by 10.0% in the fourth quarter. Vanguard Group Inc. now owns 9,851,050 shares of the company’s stock worth $337,793,000 after purchasing an additional 892,635 shares in the last quarter. Battery Management CORP. increased its stake in Braze by 70.2% during the 3rd quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after purchasing an additional 1,000,000 shares in the last quarter. Alliancebernstein L.P. raised its holdings in Braze by 28.8% in the 2nd quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock worth $65,197,000 after acquiring an additional 518,103 shares during the last quarter. Westfield Capital Management Co. LP raised its stake in shares of Braze by 0.4% in the fourth quarter. Westfield Capital Management Co. LP now owns 2,187,275 shares of the company’s stock worth $75,002,000 after purchasing an additional 9,322 shares during the last quarter. Finally, Alyeska Investment Group L.P. lifted its stake in Braze by 592.4% during the 4th quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock valued at $72,181,000 after acquiring an additional 1,801,019 shares during the period. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Key Headlines Impacting Braze

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.