39,963 Shares in Blaize Holdings, Inc. $BZAI Purchased by HighTower Advisors LLC

HighTower Advisors LLC bought a new position in Blaize Holdings, Inc. (NASDAQ:BZAI) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 39,963 shares of the company’s stock, valued at approximately $81,000.

Separately, Charles Schwab Investment Management Inc. acquired a new stake in shares of Blaize in the 1st quarter worth about $644,000. 97.12% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Rosenblatt Securities restated a “buy” rating and issued a $6.00 target price on shares of Blaize in a report on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $6.83.

Blaize Trading Down 0.3%

NASDAQ:BZAI opened at $3.11 on Friday. Blaize Holdings, Inc. has a 52 week low of $1.70 and a 52 week high of $19.25. The firm has a 50-day moving average price of $3.55 and a two-hundred day moving average price of $3.00.

Blaize (NASDAQ:BZAI) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.28) EPS for the quarter. The business had revenue of $1.98 million for the quarter. Blaize has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Blaize Company Profile

Blaize® has created a transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. We’re partnering with customers to transform their products so they can deliver better experiences and better lives.