Braze (NASDAQ:BRZE) CTO Jonathan Hyman Sells 10,000 Shares of Stock

Braze, Inc. (NASDAQ:BRZE) CTO Jonathan Hyman sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $30.04, for a total transaction of $300,400.00. Following the transaction, the chief technology officer directly owned 1,133,219 shares in the company, valued at approximately $34,041,898.76. This trade represents a 0.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 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 shares were sold at an average price of $45.33, for a total transaction 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 stock was 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 shares were sold at an average price of $27.03, for a total value of $483,701.85.

Braze Trading Up 0.4%

Shares of NASDAQ BRZE opened at $45.86 on Friday. Braze, Inc. has a twelve month low of $15.26 and a twelve month high of $45.95. The firm has a market cap of $5.21 billion, a PE ratio of -44.52 and a beta of 0.91. The business has a fifty day simple moving average of $29.30 and a two-hundred day simple moving average of $25.39. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.02.

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. Braze had a negative return on equity of 16.11% and a negative net margin of 13.55%. The business had revenue of $227.23 million for the quarter, compared to the consensus estimate of $220.27 million. During the same quarter in the prior year, the company earned $0.15 EPS. The business’s revenue was up 26.2% compared to the same quarter last year. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. Analysts expect that Braze, Inc. will post -0.70 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on BRZE. Loop Capital lowered shares of Braze from a “buy” rating to a “hold” rating and set a $47.50 price objective for the company. in a research note on Tuesday. Oppenheimer downgraded shares of Braze from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Weiss Ratings upgraded shares of Braze from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. Canaccord Genuity Group set a $47.50 price target on shares of Braze in a research report on Tuesday. Finally, UBS Group downgraded shares of Braze from a “buy” rating to a “hold” rating and set a $47.50 price objective on the stock. in a research note on Tuesday. Seven analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $43.95.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Versant Capital Management Inc boosted its position in Braze by 13.3% during the second quarter. Versant Capital Management Inc now owns 4,692 shares of the company’s stock valued at $102,000 after purchasing an additional 552 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Braze by 3,650.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after purchasing an additional 803 shares in the last quarter. Citizens Financial Group Inc. RI raised its holdings in Braze by 4.0% in the first quarter. Citizens Financial Group Inc. RI now owns 27,287 shares of the company’s stock worth $644,000 after purchasing an additional 1,062 shares in the last quarter. Fifth Third Bancorp bought a new position in Braze in the first quarter worth about $27,000. Finally, Essential Partners LLC lifted its position in shares of Braze by 109.8% during the first quarter. Essential Partners LLC now owns 2,174 shares of the company’s stock valued at $51,000 after buying an additional 1,138 shares during the last quarter. 90.47% of the stock is owned by institutional investors.

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.

Braze Company 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.