Braze (NASDAQ:BRZE) Sets New 1-Year Low After Insider Selling

Braze, Inc. (NASDAQ:BRZE)’s share price hit a new 52-week low during mid-day trading on Monday following insider selling activity. The stock traded as low as $15.26 and last traded at $16.0360, with a volume of 715539 shares. The stock had previously closed at $17.16.

Specifically, General Counsel Susan Wiseman sold 4,167 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $17.03, for a total value of $70,964.01. Following the completion of the sale, the general counsel owned 209,864 shares in the company, valued at $3,573,983.92. The trade was a 1.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Susan Wiseman sold 5,763 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $97,567.59. Following the transaction, the general counsel owned 214,031 shares in the company, valued at $3,623,544.83. The trade was a 2.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In other news, insider Astha Malik sold 14,049 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $237,849.57. Following the completion of the sale, the insider directly owned 205,289 shares in the company, valued at approximately $3,475,542.77. The trade was a 6.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Analyst Ratings Changes

BRZE has been the topic of several recent research reports. Wells Fargo & Company increased their target price on shares of Braze from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. Wolfe Research upgraded shares of Braze to an “overweight” rating in a research report on Wednesday, December 10th. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 price objective on shares of Braze in a report on Wednesday, January 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of Braze in a research note on Monday, December 29th. Finally, Oppenheimer restated an “outperform” rating and set a $40.00 price target on shares of Braze in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $44.30.

Braze Price Performance

The company has a market capitalization of $1.94 billion, a P/E ratio of -15.75 and a beta of 1.07. The company has a 50 day moving average of $25.75 and a 200-day moving average of $27.60.

Braze (NASDAQ:BRZE) last released its quarterly earnings results on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $190.84 million during the quarter, compared to analyst estimates of $198.25 million. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.Braze’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.02 EPS. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. Research analysts predict that Braze, Inc. will post -0.98 EPS for the current fiscal year.

Institutional Trading of Braze

Large investors have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. raised its holdings in Braze by 592.4% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock worth $72,181,000 after purchasing an additional 1,801,019 shares in the last quarter. Barclays PLC increased its position in shares of Braze by 443.0% during the third quarter. Barclays PLC now owns 1,404,395 shares of the company’s stock valued at $39,941,000 after buying an additional 1,145,748 shares during the period. UBS Group AG raised its stake in Braze by 421.1% in the third quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock worth $36,394,000 after buying an additional 1,034,087 shares in the last quarter. Battery Management CORP. lifted its holdings in Braze by 70.2% in the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after buying an additional 1,000,000 shares during the period. Finally, Bank of America Corp DE boosted its position in Braze by 238.2% during the 3rd quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock valued at $38,429,000 after acquiring an additional 951,674 shares in the last quarter. Institutional investors own 90.47% of the company’s stock.

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.