Edward Mcdonnell Sells 29,732 Shares of Braze (NASDAQ:BRZE) Stock

Braze, Inc. (NASDAQ:BRZE) CRO Edward Mcdonnell sold 29,732 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $31.38, for a total value of $932,990.16. Following the completion of the transaction, the executive directly owned 409,630 shares of the company’s stock, valued at approximately $12,854,189.40. The trade was a 6.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Braze Price Performance

Shares of NASDAQ BRZE opened at $34.09 on Friday. Braze, Inc. has a 1-year low of $15.26 and a 1-year high of $37.33. The business has a fifty day moving average price of $25.56 and a 200 day moving average price of $22.69. The stock has a market capitalization of $3.84 billion, a P/E ratio of -30.44 and a beta of 0.83.

Braze (NASDAQ:BRZE) last posted its earnings results on Wednesday, May 27th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. The company had revenue of $211.00 million for the quarter, compared to analyst estimates of $205.19 million. Braze had a negative return on equity of 17.52% and a negative net margin of 15.51%.The firm’s quarterly revenue was up 30.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 earnings per share. As a group, equities research analysts anticipate that Braze, Inc. will post -0.78 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. NBC Securities Inc. acquired a new stake in shares of Braze during the fourth quarter worth $27,000. Fifth Third Bancorp acquired a new position in shares of Braze in the 1st quarter valued at $27,000. Caitong International Asset Management Co. Ltd raised its stake in Braze by 3,650.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after acquiring an additional 803 shares during the last quarter. Harbor Investment Advisory LLC purchased a new position in Braze in the 2nd quarter worth $36,000. Finally, Osaic Holdings Inc. lifted its position in Braze by 821.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after acquiring an additional 1,404 shares during the period. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Oppenheimer raised its price target on Braze from $30 to $36 and maintained an “outperform” rating, citing strengthening AI momentum. The new target suggests additional upside from recent trading levels. Benzinga reference
• Positive Sentiment: AI adoption is becoming a key growth catalyst. Oppenheimer believes Braze’s AI opportunity is building, supporting the company’s customer-engagement platform and long-term growth outlook. Analysts remain broadly bullish, with a consensus “moderate buy” rating and an average price target near $35. Braze AI momentum article
• Neutral Sentiment: Post-earnings coverage remains constructive, highlighting Braze’s revenue beat, strong year-over-year growth and raised outlook. However, investors are still looking for greater visibility into the company’s performance in the second half of fiscal 2027. Braze post-earnings analysis
• Negative Sentiment: Insider selling is a modest cautionary signal. Chief Technology Officer Jonathan Hyman sold 10,000 shares worth approximately $310,400, while Chief Revenue Officer Edward McDonnell sold 29,732 shares worth roughly $933,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their significance as a signal of deteriorating business expectations. Braze insider trading article

Analysts Set New Price Targets

BRZE has been the subject of a number of analyst reports. BTIG Research increased their target price on shares of Braze from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Canaccord Genuity Group reduced their price target on Braze from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, May 28th. Citizens Jmp reiterated a “market outperform” rating and set a $35.00 price objective on shares of Braze in a report on Thursday, May 28th. Stifel Nicolaus set a $30.00 price objective on Braze in a research report on Thursday, May 28th. Finally, Piper Sandler restated an “overweight” rating and set a $27.00 target price on shares of Braze in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $35.76.

Braze Company Profile

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.