Insider Selling: Braze (NASDAQ:BRZE) Insider Sells $381,538.08 in Stock

Braze, Inc. (NASDAQ:BRZE) insider Astha Malik sold 14,322 shares of Braze stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total transaction of $381,538.08. Following the transaction, the insider owned 219,338 shares in the company, valued at approximately $5,843,164.32. This trade represents a 6.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Friday, September 5th, Astha Malik sold 3,270 shares of Braze stock. The stock was sold at an average price of $32.51, for a total transaction of $106,307.70.

Braze Stock Performance

Shares of BRZE stock traded down $0.22 during mid-day trading on Thursday, hitting $27.00. The company’s stock had a trading volume of 1,138,619 shares, compared to its average volume of 1,537,394. The company’s fifty day simple moving average is $28.71 and its 200-day simple moving average is $29.25. The company has a market cap of $3.00 billion, a PE ratio of -25.96 and a beta of 1.10. Braze, Inc. has a 52 week low of $23.91 and a 52 week high of $48.33.

Braze (NASDAQ:BRZE) last released its earnings results on Thursday, September 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.25). The company had revenue of $180.11 million for the quarter, compared to analyst estimates of $171.63 million. Braze had a negative net margin of 16.62% and a negative return on equity of 17.97%. The firm’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.09 EPS. Braze has set its FY 2026 guidance at 0.410-0.420 EPS. Q3 2026 guidance at 0.060-0.070 EPS. On average, equities analysts anticipate that Braze, Inc. will post -0.98 earnings per share for the current year.

Institutional Investors Weigh In On Braze

Large investors have recently made changes to their positions in the company. Quarry LP increased its position in Braze by 296.0% in the first quarter. Quarry LP now owns 796 shares of the company’s stock worth $29,000 after purchasing an additional 595 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Braze in the 1st quarter worth about $36,000. SBI Securities Co. Ltd. increased its stake in shares of Braze by 173.3% during the second quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company’s stock valued at $39,000 after buying an additional 870 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Braze by 821.1% during the second quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock valued at $44,000 after purchasing an additional 1,404 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its stake in shares of Braze by 58.2% during the 3rd quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock worth $48,000 after purchasing an additional 620 shares during the last quarter. 90.47% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BRZE has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price target on shares of Braze in a research report on Wednesday, October 22nd. Mizuho raised their price target on Braze from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Canaccord Genuity Group restated a “buy” rating and set a $43.00 target price on shares of Braze in a research report on Friday, September 5th. William Blair restated an “outperform” rating on shares of Braze in a research report on Wednesday, October 1st. Finally, JMP Securities reissued a “market outperform” rating and set a $68.00 price target on shares of Braze in a research note on Friday, September 5th. Nineteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Braze presently has an average rating of “Moderate Buy” and an average price target of $45.11.

Braze Company Profile

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.