William Magnuson Sells 26,413 Shares of Braze (NASDAQ:BRZE) Stock

Braze, Inc. (NASDAQ:BRZE) CEO William Magnuson sold 26,413 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $447,172.09. Following the sale, the chief executive officer directly owned 4,491,098 shares of the company’s stock, valued at $76,034,289.14. This represents a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Braze Stock Performance

Braze stock opened at $17.16 on Friday. The business’s fifty day moving average is $26.43 and its two-hundred day moving average is $27.73. The firm has a market cap of $1.93 billion, a P/E ratio of -15.60 and a beta of 1.07. Braze, Inc. has a 52 week low of $16.25 and a 52 week high of $43.89.

Braze (NASDAQ:BRZE) last released its quarterly earnings results on Tuesday, December 9th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The business had revenue of $190.84 million during the quarter, compared to analysts’ expectations of $198.25 million. During the same period in the previous year, the business posted $0.02 earnings per share. The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. On average, equities research analysts predict that Braze, Inc. will post -0.98 earnings per share for the current year.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Battery Management disclosed a roughly $25 million purchase of BRZE shares (an increase of 839,864 shares), which materially boosted the fund’s quarter‑end position and provides a clear institutional demand signal. Fund Discloses $25 Million Braze Stock Investment Amid 60% Share Plunge
• Neutral Sentiment: Reported short-interest figures show “0 shares” and NaN changes for mid-February with a 0.0 days‑to‑cover — this appears to be a data or reporting anomaly rather than a meaningful change in market positioning. Monitor filings or exchange data for a corrected readout before treating this as directional.
• Negative Sentiment: Multiple insiders sold stock over Feb 18–19, representing a visible amount of insider supply (roughly 60,676 shares sold for aggregate proceeds ~ $1.03M): CEO William Magnuson (26,413 shares), CTO Jonathan Hyman (7,391), General Counsel Susan Wiseman (9,930 across two trades), Astha Malik (14,049), and CAO Pankaj Malik (2,893). Large or clustered insider sales can be interpreted negatively by the market even when they may be for diversification or tax reasons. Relevant SEC filings: CEO CEO Form 4, CTO CTO Form 4, GC/other insiders GC Form 4, Astha Malik Form 4, CAO CAO Form 4

Hedge Funds Weigh In On Braze

Several institutional investors have recently modified their holdings of the stock. Arizona State Retirement System raised its position in shares of Braze by 1.7% in the 3rd quarter. Arizona State Retirement System now owns 21,749 shares of the company’s stock valued at $619,000 after acquiring an additional 363 shares during the period. Dynamic Technology Lab Private Ltd raised its holdings in Braze by 2.4% in the second quarter. Dynamic Technology Lab Private Ltd now owns 19,621 shares of the company’s stock worth $551,000 after purchasing an additional 461 shares during the period. SBI Securities Co. Ltd. raised its holdings in Braze by 34.3% in the third quarter. SBI Securities Co. Ltd. now owns 1,843 shares of the company’s stock worth $52,000 after purchasing an additional 471 shares during the period. CWM LLC boosted its position in shares of Braze by 9.7% during the second quarter. CWM LLC now owns 6,009 shares of the company’s stock worth $169,000 after purchasing an additional 532 shares in the last quarter. Finally, Clearstead Advisors LLC grew its holdings in shares of Braze by 58.2% in the 3rd quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock valued at $48,000 after buying an additional 620 shares during the period. 90.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BRZE shares. Oppenheimer reiterated an “outperform” rating and issued a $40.00 price objective on shares of Braze in a research report on Wednesday, December 10th. Stifel Nicolaus set a $40.00 price target on Braze in a report on Monday, February 9th. Needham & Company LLC reissued a “buy” rating and set a $50.00 price objective on shares of Braze in a report on Wednesday, January 14th. Wells Fargo & Company upped their target price on shares of Braze from $40.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday, December 10th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $68.00 target price on shares of Braze in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.30.

About Braze

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.