Braze, Inc. $BRZE Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in Braze, Inc. (NASDAQ:BRZE) by 17.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,857 shares of the company’s stock after purchasing an additional 2,253 shares during the period. SG Americas Securities LLC’s holdings in Braze were worth $417,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BRZE. Quarry LP lifted its holdings in Braze by 296.0% during the 1st quarter. Quarry LP now owns 796 shares of the company’s stock worth $29,000 after buying an additional 595 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Braze during the 1st quarter valued at approximately $36,000. SBI Securities Co. Ltd. lifted its stake in Braze by 173.3% during the second quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company’s stock worth $39,000 after purchasing an additional 870 shares during the last quarter. SouthState Corp acquired a new position in Braze in the first quarter worth $83,000. Finally, IFP Advisors Inc increased its stake in Braze by 17.7% during the second quarter. IFP Advisors Inc now owns 3,987 shares of the company’s stock valued at $117,000 after purchasing an additional 601 shares during the last quarter. 90.47% of the stock is owned by institutional investors.

Braze Stock Performance

Shares of NASDAQ:BRZE opened at $28.32 on Friday. The firm’s 50 day moving average is $28.31 and its two-hundred day moving average is $29.07. The firm has a market capitalization of $3.15 billion, a P/E ratio of -27.23 and a beta of 1.10. Braze, Inc. has a 52 week low of $23.91 and a 52 week high of $48.33.

Braze (NASDAQ:BRZE) last issued its quarterly earnings data on Thursday, September 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.25). Braze had a negative return on equity of 17.97% and a negative net margin of 16.62%.The business had revenue of $180.11 million for the quarter, compared to analyst estimates of $171.63 million. During the same quarter in the prior year, the firm posted $0.09 earnings per share. The business’s quarterly revenue was up 23.8% on a year-over-year basis. Braze has set its FY 2026 guidance at 0.410-0.420 EPS. Q3 2026 guidance at 0.060-0.070 EPS. Analysts predict that Braze, Inc. will post -0.98 EPS for the current year.

Analysts Set New Price Targets

BRZE has been the topic of a number of recent research reports. Piper Sandler restated an “overweight” rating and issued a $50.00 price target on shares of Braze in a research report on Wednesday, October 1st. JMP Securities reiterated a “market outperform” rating and set a $68.00 price objective on shares of Braze in a research note on Friday, September 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Braze in a research note on Wednesday, October 8th. Citigroup upped their target price on Braze from $50.00 to $52.00 and gave the company a “buy” rating in a report on Friday, September 5th. Finally, DA Davidson reissued a “buy” rating and issued a $40.00 price target on shares of Braze in a report on Friday, September 5th. Nineteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.11.

Insider Buying and Selling

In other news, General Counsel Susan Wiseman sold 5,474 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total transaction of $145,827.36. Following the transaction, the general counsel directly owned 224,250 shares of the company’s stock, valued at approximately $5,974,020. This trade represents a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Pankaj Malik sold 4,174 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $32.77, for a total transaction of $136,781.98. Following the completion of the sale, the chief accounting officer directly owned 62,756 shares of the company’s stock, valued at $2,056,514.12. The trade was a 6.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 71,827 shares of company stock valued at $1,962,397. Company insiders own 18.20% of the company’s stock.

Braze Company Profile

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.