Key Points
- Braze CTO Jonathan Hyman sold 17,895 shares at an average price of $27.03, totaling approximately $483,702, under a pre-arranged Rule 10b5-1 trading plan. He retained 1,265,564 shares after the transaction and later sold an additional 10,148 shares.
- Braze reported quarterly revenue of $211 million, up 30.2% year over year, while meeting the $0.10 consensus EPS estimate. The company posted a negative net margin and provided second-quarter 2027 EPS guidance of $0.15–$0.16.
- Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $34.76. Institutional investors own 90.47% of Braze’s outstanding shares.
Braze, Inc. (NASDAQ:BRZE - Get Free Report) CTO Jonathan Hyman sold 10,148 shares of Braze stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $27.27, for a total transaction of $276,735.96. Following the sale, the chief technology officer owned 1,255,416 shares of the company's stock, valued at $34,235,194.32. The trade was a 0.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jonathan Hyman also recently made the following trade(s):
- 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 Performance
Shares of NASDAQ:BRZE opened at $28.22 on Wednesday. The firm has a market cap of $3.18 billion, a PE ratio of -25.20 and a beta of 0.83. The firm's 50 day simple moving average is $23.55 and its 200-day simple moving average is $21.97. Braze, Inc. has a one year low of $15.26 and a one year high of $37.33.
Braze (NASDAQ:BRZE - Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.10. Braze had a negative return on equity of 17.52% and a negative net margin of 15.51%.The firm had revenue of $211.00 million during the quarter, compared to analyst estimates of $205.19 million. During the same quarter in the previous year, the business earned $0.07 earnings per share. Braze's quarterly revenue was up 30.2% on a year-over-year basis. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. Equities research analysts predict that Braze, Inc. will post -0.78 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on BRZE. Citizens Jmp reissued a "market outperform" rating and set a $35.00 price target on shares of Braze in a research report on Thursday, May 28th. Cantor Fitzgerald restated an "overweight" rating and issued a $38.00 price objective on shares of Braze in a report on Thursday, May 28th. Stifel Nicolaus set a $30.00 price objective on shares of Braze in a research note on Thursday, May 28th. Citigroup dropped their target price on shares of Braze from $49.00 to $48.00 and set a "buy" rating on the stock in a report on Friday, May 29th. Finally, Piper Sandler reissued an "overweight" rating and set a $27.00 target price on shares of Braze in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $34.76.
Get Our Latest Report on BRZE
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Braze by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company's stock worth $1,415,000 after purchasing an additional 1,700 shares during the last quarter. Intech Investment Management LLC grew its stake in Braze by 18.8% in the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company's stock valued at $1,453,000 after purchasing an additional 6,379 shares during the last quarter. Prudential Financial Inc. purchased a new position in Braze in the second quarter valued at about $272,000. Russell Investments Group Ltd. raised its holdings in Braze by 1,353.0% in the second quarter. Russell Investments Group Ltd. now owns 9,619 shares of the company's stock worth $270,000 after purchasing an additional 8,957 shares in the last quarter. Finally, Amundi raised its holdings in Braze by 8.9% in the second quarter. Amundi now owns 32,581 shares of the company's stock worth $918,000 after purchasing an additional 2,657 shares in the last quarter. 90.47% of the stock is currently owned by hedge funds and other institutional investors.
About Braze
(
Get Free Report)
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.
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