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

Braze, Inc. (NASDAQ:BRZE) CTO Jonathan Hyman sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $30.04, for a total value of $300,400.00. Following the completion of the sale, the chief technology officer directly owned 1,133,219 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, 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 value 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 transaction of $282,295.87.
• On Thursday, August 13th, Jonathan Hyman sold 35,000 shares of Braze stock. The shares were sold at an average price of $30.03, for a total transaction 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 transaction of $276,735.96.
• On Friday, August 7th, Jonathan Hyman sold 17,895 shares of Braze stock. The stock was sold at an average price of $27.03, for a total transaction of $483,701.85.

Braze Stock Up 0.4%

NASDAQ:BRZE traded up $0.18 on Thursday, hitting $45.86. The stock had a trading volume of 9,166,189 shares, compared to its average volume of 3,278,701. Braze, Inc. has a 1 year low of $15.26 and a 1 year high of $45.95. The firm’s fifty day simple moving average is $28.98 and its two-hundred day simple moving average is $25.24. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.27 and a current ratio of 1.27. The stock has a market cap of $5.21 billion, a P/E ratio of -44.52 and a beta of 0.91.

Braze (NASDAQ:BRZE) last announced its earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. The firm had revenue of $227.23 million for the quarter, compared to the consensus estimate of $220.27 million. Braze had a negative return on equity of 16.11% and a negative net margin of 13.55%. The company’s revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 EPS. 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 predict that Braze, Inc. will post -0.70 earnings per share for the current year.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Salesforce acquisition establishes a $47.50 valuation. Salesforce agreed to acquire Braze in an all-cash transaction valued at approximately $5.66 billion, representing roughly a 58% premium to Braze’s prior closing price. The transaction is expected to strengthen Salesforce’s marketing technology and AI-related data capabilities. Completion remains subject to shareholder approval, antitrust review and other conditions. Salesforce Fuels AI Engine With $5.66B Braze Buyout
• Positive Sentiment: Strategic rationale received support. UBS characterized the transaction as a solid strategic fit at a reasonable price, citing Braze’s faster-growing customer-engagement platform as a potential addition to Salesforce’s portfolio. Salesforce’s Braze Deal Wins UBS Backing
• Positive Sentiment: Options activity indicates bullish interest. Traders purchased an unusually high volume of Braze call options, suggesting some market participants are positioning for the stock to reach or exceed the proposed transaction price. Stock Traders Buy High Volume of Braze Call Options
• Neutral Sentiment: Upside is now largely tied to deal completion. A recent analysis argued that Braze still appeared undervalued after its major rally, but the stock’s proximity to the $47.50 offer price leaves limited immediate upside unless Salesforce raises its bid or another offer emerges. Braze Stock Still Looks Undervalued Following Its 80% Run
• Negative Sentiment: Analyst downgrades reflect limited upside. DA Davidson cut Braze to “hold,” while Citigroup moved to “neutral.” Both firms set price targets of $47.50, indicating that the stock is close to fair value under the announced deal.
• Negative Sentiment: Deal-related investigations could add uncertainty. Kahn Swick & Foti and Amparo Investor Rights are reviewing whether the purchase price and sale process adequately protect shareholders. Such inquiries may delay or complicate the transaction, although they do not currently change the announced terms. Braze Investor Alert

Analyst Upgrades and Downgrades

Several analysts have issued reports on BRZE shares. The Goldman Sachs Group restated a “buy” rating and issued a $38.00 target price on shares of Braze in a research note on Wednesday, September 9th. DA Davidson downgraded Braze from a “buy” rating to a “hold” rating and increased their price objective for the stock from $40.00 to $47.50 in a research report on Wednesday. Barclays restated an “equal weight” rating and issued a $48.00 target price (up from $38.00) on shares of Braze in a research note on Tuesday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $35.00 price target on shares of Braze in a report on Monday, October 5th. Finally, Raymond James Financial downgraded shares of Braze from an “outperform” rating to a “market perform” rating in a report on Wednesday. Seven investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $43.95.

Institutional Trading of Braze

Several large investors have recently modified their holdings of BRZE. Capstone Capital Management Ltd increased its position in Braze by 306.7% during the 3rd quarter. Capstone Capital Management Ltd now owns 47,986 shares of the company’s stock valued at $1,204,000 after purchasing an additional 36,186 shares during the period. State of Alaska Department of Revenue lifted its holdings in Braze by 32.5% in the third quarter. State of Alaska Department of Revenue now owns 5,578 shares of the company’s stock worth $140,000 after buying an additional 1,367 shares during the period. Juncture Wealth Strategies LLC bought a new stake in Braze during the 3rd quarter valued at approximately $210,000. Whetstone Capital Advisors LLC purchased a new position in shares of Braze during the 2nd quarter worth approximately $671,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in Braze in the second quarter worth $50,000. 90.47% of the stock is owned by institutional investors.

About Braze

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.