Braze Inc’s filing revealed that its Director FERNANDEZ PHILLIP M unloaded Company’s shares for reported $61950.0 on Feb 18 ’25. In the deal valued at $41.30 per share,1,500 shares were sold. As a result of this transaction, FERNANDEZ PHILLIP M now holds 15,269 shares worth roughly $0.6 million.
Then, Wiseman Susan sold 3,925 shares, generating $160,218 in total proceeds. Upon selling the shares at $40.82, the General Counsel now owns 185,595 shares.
Before that, Wiseman Susan sold 3,486 shares. Braze Inc shares valued at $139,500 were divested by the General Counsel at a price of $40.02 per share. As a result of the transaction, Wiseman Susan now holds 182,109 shares, worth roughly $7.19 million.
Macquarie initiated its Braze Inc [BRZE] rating to a Neutral in a research note published on October 31, 2024; the price target was $30. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Scotiabank also remained covering BRZE and has increased its forecast on July 10, 2024 with a “Sector outperform” recommendation from previously “Sector perform” rating. Oppenheimer maintained its rating on May 29, 2024. It rated BRZE as “an Outperform”.
Price Performance Review of BRZE
On Friday, Braze Inc [NASDAQ:BRZE] saw its stock fall -2.85% to $39.50. Over the last five days, the stock has lost -5.46%. Braze Inc shares have fallen nearly -5.68% since the year began. Nevertheless, the stocks have fallen -30.46% over the past one year. While a 52-week high of $59.12 was reached on 01/28/25, a 52-week low of $29.18 was recorded on 02/21/25. SMA at 50 days reached $43.29, while 200 days put it at $39.00.
Levels Of Support And Resistance For BRZE Stock
The 24-hour chart illustrates a support level at 38.50, which if violated will result in even more drops to 37.51. On the upside, there is a resistance level at 40.83. A further resistance level may holdings at 42.17. The Relative Strength Index (RSI) on the 14-day chart is 37.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.62%. Stochastics %K at 13.73% indicates the stock is a buying.
