Braze Inc’s filing revealed that its Chief Financial Officer Winkles Isabelle unloaded Company’s shares for reported $0.14 million on Oct 01 ’24. In the deal valued at $32.12 per share,4,500 shares were sold. As a result of this transaction, Winkles Isabelle now holds 216,208 shares worth roughly $6.72 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, ISABELLE WINKLES bought 10,000 shares, generating $323,400 in total proceeds.
Before that, Wiseman Susan sold 3,447 shares. Braze Inc shares valued at $151,668 were divested by the General Counsel at a price of $44.00 per share. As a result of the transaction, Wiseman Susan now holds 206,930 shares, worth roughly $6.43 million.
Scotiabank upgraded its Braze Inc [BRZE] rating to a Sector outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who remained covering the stock and in late May has reiterated a ‘”an Outperform”‘ rating for it. UBS also remained covering BRZE and has increased its forecast on March 21, 2024 with a “Buy” recommendation from previously “Neutral” rating. BTIG Research maintained its rating on December 07, 2023. It rated BRZE as “a Buy”.
Price Performance Review of BRZE
On Friday, Braze Inc [NASDAQ:BRZE] saw its stock jump 1.64% to $31.08. Over the last five days, the stock has lost -6.44%. Braze Inc shares have fallen nearly -41.50% since the year began. Nevertheless, the stocks have fallen -31.50% over the past one year. While a 52-week high of $61.53 was reached on 02/12/24, a 52-week low of $30.36 was recorded on 10/03/24. SMA at 50 days reached $38.80, while 200 days put it at $44.46.
Levels Of Support And Resistance For BRZE Stock
The 24-hour chart illustrates a support level at 30.76, which if violated will result in even more drops to 30.45. On the upside, there is a resistance level at 31.53. A further resistance level may holdings at 31.99. The Relative Strength Index (RSI) on the 14-day chart is 31.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.45%. Stochastics %K at 6.46% indicates the stock is a buying.
How much short interest is there in Braze Inc?
A steep rise in short interest was recorded in Braze Inc stocks on 2024-09-13, dropping by 14497.0 shares to a total of 4.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 4.69 million shares. There was a decline of -0.31%, which implies that there is a negative sentiment for the stock.
