Squarepoint Ops LLC Acquires 46,049 Shares of Braze, Inc. $BRZE

Squarepoint Ops LLC raised its holdings in Braze, Inc. (NASDAQ:BRZE) by 13.3% in the second quarter, Holdings Channel reports. The firm owned 391,337 shares of the company’s stock after purchasing an additional 46,049 shares during the period. Squarepoint Ops LLC’s holdings in Braze were worth $8,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in BRZE. California State Teachers Retirement System increased its stake in shares of Braze by 1,832.1% during the 2nd quarter. California State Teachers Retirement System now owns 2,019,361 shares of the company’s stock worth $43,800,000 after purchasing an additional 1,914,845 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in Braze by 592.4% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock valued at $72,181,000 after purchasing an additional 1,801,019 shares during the period. UBS Group AG increased its position in Braze by 421.1% in the third quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock worth $36,394,000 after buying an additional 1,034,087 shares during the last quarter. Battery Management CORP. increased its position in Braze by 70.2% in the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after buying an additional 1,000,000 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Braze by 238.2% in the third quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock valued at $38,429,000 after buying an additional 951,674 shares during the period. 90.47% of the stock is owned by hedge funds and other institutional investors.

Braze Stock Up 2.2%

Shares of BRZE stock opened at $24.26 on Friday. The business has a 50-day moving average price of $27.59 and a two-hundred day moving average price of $23.63. Braze, Inc. has a 12-month low of $15.26 and a 12-month high of $37.33. The firm has a market cap of $2.73 billion, a P/E ratio of -23.55 and a beta of 0.88.

Braze (NASDAQ:BRZE) last issued its earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.03. Braze had a negative return on equity of 16.09% and a negative net margin of 13.55%.The business had revenue of $227.23 million during the quarter, compared to analyst estimates of $220.27 million. During the same quarter in the prior year, the firm earned $0.15 earnings per share. Braze’s revenue for the quarter was up 26.2% on a year-over-year basis. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. As a group, research analysts expect that Braze, Inc. will post -0.78 EPS for the current fiscal year.

Insider Buying and Selling at Braze

In related news, CTO Jonathan Hyman sold 42,000 shares of Braze stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $32.47, for a total value of $1,363,740.00. Following the transaction, the chief technology officer directly owned 1,143,219 shares of the company’s stock, valued at $37,120,320.93. The trade was a 3.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Edward M. Mcdonnell sold 29,732 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $31.38, for a total transaction of $932,990.16. Following the sale, the executive owned 409,630 shares of the company’s stock, valued at approximately $12,854,189.40. This represents a 6.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 203,568 shares of company stock worth $6,096,461. 12.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Barclays increased their target price on shares of Braze from $31.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 2nd. Oppenheimer increased their target price on Braze from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Piper Sandler reaffirmed an “overweight” rating and issued a $30.00 price target (up from $27.00) on shares of Braze in a report on Wednesday. Citigroup reiterated a “market outperform” rating on shares of Braze in a research report on Wednesday. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Braze in a research note on Wednesday. Twenty research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $38.21.

More Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Braze reported second-quarter revenue of $227.23 million, above the $220.27 million consensus estimate, while adjusted earnings of $0.19 per share exceeded expectations by $0.03. Revenue increased 26.2% year over year. Braze, Inc. Q2 Earnings Summary
• Positive Sentiment: The company raised its fiscal 2027 revenue outlook to approximately $910 million-$913 million, representing roughly 23%-24% growth, and cited continued AI product adoption and expansion among larger enterprise customers as growth drivers. Braze: Growth At A Very Reasonable Price, Especially Amid Guidance Boost
• Positive Sentiment: Several analysts remain constructive after the selloff. D.A. Davidson reaffirmed a Buy rating with a $40 price target, while TD Cowen maintained its Buy rating. Stephens, Piper Sandler, BTIG Research, and Citizens JMP also reiterated positive ratings or raised their targets, generally citing Braze’s growth, valuation, and long-term opportunity. Braze Receives a Buy from D.A. Davidson
• Neutral Sentiment: Braze presented at Citi’s 2026 Global TMT Conference, giving investors additional commentary on its strategy and operating outlook, although no major new financial catalyst was identified in the available report. Braze Presents at Citi’s 2026 Global TMT Conference
• Negative Sentiment: Third-quarter adjusted EPS guidance of $0.13-$0.14 was viewed as too soft, prompting investors to question near-term profitability and causing the stock to fall despite the earnings beat and raised annual outlook. Why Braze’s Guidance Miss May Be a Gift for Investors
• Negative Sentiment: Unusual options activity included 5,672 put contracts, approximately 180% above average put volume, signaling elevated near-term hedging or bearish speculation. The reported short-interest figure of zero shares appears unreliable and provides no meaningful sentiment signal.

Braze 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.