Insider Selling: Braze Inc (NASDAQ:BRZE) General Counsel Sells $321,743.40 in Stock

Braze Inc (NASDAQ:BRZE) General Counsel Susan Wiseman sold 4,785 shares of the stock in a transaction dated Tuesday, January 11th. The shares were sold at an average price of $67.24, for a total value of $321,743.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of NASDAQ BRZE opened at $62.61 on Friday. The business’s 50 day simple moving average is $70.27. Braze Inc has a 12-month low of $55.73 and a 12-month high of $98.78.

Braze (NASDAQ:BRZE) last issued its quarterly earnings data on Sunday, December 19th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.62) by $0.46. Research analysts anticipate that Braze Inc will post -1.86 EPS for the current year.

A number of analysts have weighed in on BRZE shares. Loop Capital started coverage on Braze in a research report on Monday, December 13th. They set a “buy” rating and a $90.00 price objective for the company. William Blair began coverage on Braze in a research note on Monday, December 13th. They issued an “outperform” rating for the company. JMP Securities raised their price target on Braze from $86.00 to $90.00 and gave the stock a “market outperform” rating in a research report on Tuesday, December 21st. Needham & Company LLC initiated coverage on Braze in a report on Tuesday, December 21st. They set a “buy” rating and a $90.00 price objective on the stock. Finally, Barclays started coverage on Braze in a report on Monday, December 13th. They issued an “overweight” rating and a $95.00 target price on the stock. Twelve analysts have rated the stock with a buy rating, According to MarketBeat, Braze currently has a consensus rating of “Buy” and an average target price of $89.18.

About Braze

Braze Inc provide comprehensive customer engagement platform which powers interactions between consumers and brands. The company can ingest and process customer data in real time, orchestrate and optimize contextually relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies.

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