Astha Malik Sells 13,049 Shares of Braze (NASDAQ:BRZE) Stock

Braze, Inc. (NASDAQ:BRZE) insider Astha Malik sold 13,049 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $25.94, for a total transaction of $338,491.06. Following the transaction, the insider owned 236,930 shares of the company’s stock, valued at $6,145,964.20. This trade represents a 5.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, July 28th, Astha Malik sold 9,001 shares of Braze stock. The stock was sold at an average price of $30.01, for a total transaction of $270,120.01.

Braze Trading Up 5.4%

Braze stock opened at $26.90 on Friday. The firm has a 50-day moving average price of $27.17 and a 200-day moving average price of $32.12. The firm has a market capitalization of $2.84 billion, a PE ratio of -26.63 and a beta of 1.10. Braze, Inc. has a 12-month low of $23.91 and a 12-month high of $48.33.

Braze (NASDAQ:BRZE) last released its earnings results on Thursday, June 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. The firm had revenue of $162.06 million during the quarter, compared to analyst estimates of $158.60 million. Braze had a negative net margin of 16.76% and a negative return on equity of 18.89%. The business’s revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.05) EPS. Braze has set its FY 2026 guidance at 0.150-0.180 EPS. Q2 2026 guidance at 0.020-0.030 EPS. As a group, sell-side analysts predict that Braze, Inc. will post -0.98 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Braze

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC lifted its holdings in Braze by 168.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 646 shares of the company’s stock valued at $27,000 after buying an additional 405 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Braze by 236.1% in the 1st quarter. GAMMA Investing LLC now owns 736 shares of the company’s stock valued at $27,000 after purchasing an additional 517 shares in the last quarter. Quarry LP raised its holdings in shares of Braze by 296.0% in the 1st quarter. Quarry LP now owns 796 shares of the company’s stock valued at $29,000 after purchasing an additional 595 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Braze in the 1st quarter valued at about $36,000. Finally, SBI Securities Co. Ltd. raised its holdings in shares of Braze by 173.3% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company’s stock valued at $39,000 after purchasing an additional 870 shares in the last quarter. Institutional investors own 90.47% of the company’s stock.

Wall Street Analysts Forecast Growth

BRZE has been the subject of several analyst reports. JMP Securities restated a “market outperform” rating and issued a $68.00 target price on shares of Braze in a report on Friday, June 6th. Stephens set a $41.00 target price on shares of Braze and gave the stock an “overweight” rating in a report on Friday, June 6th. Oppenheimer lowered their target price on shares of Braze from $44.00 to $38.00 and set an “outperform” rating for the company in a report on Tuesday, June 24th. Cantor Fitzgerald started coverage on shares of Braze in a research note on Tuesday, June 3rd. They issued an “overweight” rating and a $45.00 price target on the stock. Finally, Loop Capital decreased their price objective on shares of Braze from $75.00 to $45.00 and set a “buy” rating for the company in a report on Friday, June 6th. Twenty investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Braze has a consensus rating of “Moderate Buy” and an average target price of $44.90.

About Braze

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.