Braze, Inc. (NASDAQ:BRZE – Get Free Report) CAO Pankaj Malik sold 3,700 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $45.77, for a total value of $169,349.00. Following the completion of the transaction, the chief accounting officer now owns 54,784 shares in the company, valued at $2,507,463.68. The trade was a 6.33 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Pankaj Malik also recently made the following trade(s):
- On Monday, December 16th, Pankaj Malik sold 4,656 shares of Braze stock. The shares were sold at an average price of $43.65, for a total value of $203,234.40.
- On Friday, December 13th, Pankaj Malik sold 3,955 shares of Braze stock. The stock was sold at an average price of $41.41, for a total value of $163,776.55.
- On Monday, November 18th, Pankaj Malik sold 3,432 shares of Braze stock. The stock was sold at an average price of $34.45, for a total value of $118,232.40.
Braze Trading Down 3.4 %
Braze stock opened at $42.63 on Friday. The firm has a 50-day moving average of $40.04 and a 200-day moving average of $38.25. The firm has a market cap of $4.41 billion, a P/E ratio of -37.39 and a beta of 1.11. Braze, Inc. has a 1-year low of $29.18 and a 1-year high of $61.53.
Analyst Ratings Changes
Read Our Latest Stock Report on BRZE
Institutional Trading of Braze
A number of institutional investors have recently modified their holdings of BRZE. Rhumbline Advisers boosted its holdings in shares of Braze by 3.3% during the second quarter. Rhumbline Advisers now owns 75,371 shares of the company’s stock worth $2,927,000 after purchasing an additional 2,407 shares during the period. TD Asset Management Inc boosted its holdings in shares of Braze by 314.2% during the second quarter. TD Asset Management Inc now owns 60,312 shares of the company’s stock worth $2,343,000 after purchasing an additional 45,752 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Braze by 10.9% during the second quarter. Victory Capital Management Inc. now owns 391,977 shares of the company’s stock worth $15,224,000 after purchasing an additional 38,504 shares during the period. Arizona State Retirement System boosted its holdings in shares of Braze by 4.8% during the second quarter. Arizona State Retirement System now owns 15,466 shares of the company’s stock worth $601,000 after purchasing an additional 712 shares during the period. Finally, Quest Partners LLC boosted its holdings in shares of Braze by 923.8% during the second quarter. Quest Partners LLC now owns 35,373 shares of the company’s stock worth $1,374,000 after purchasing an additional 31,918 shares during the period. 90.47% of the stock is currently owned by hedge funds and other institutional investors.
Braze Company Profile
Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.
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