In a filing, Braze Inc revealed 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 $7.13 million.
Stephens initiated its Braze Inc [BRZE] rating to an Overweight in a research note published on March 19, 2025; the price target was $43. A number of analysts have revised their coverage, including Macquarie’s analysts, who began to cover the stock in late October with a ‘”a Neutral”‘ rating. Stifel began covering BRZE with “Buy” recommendation on October 22, 2024. Scotiabank revised its rating on July 10, 2024. It rated BRZE as “a Sector outperform” which previously was an “a Sector perform”.
Price Performance Review of BRZE
On Tuesday, Braze Inc [NASDAQ:BRZE] saw its stock jump 2.70% to $39.14. Over the last five days, the stock has gained 10.28%. Braze Inc shares have fallen nearly -6.54% since the year began. Nevertheless, the stocks have fallen -26.94% over the past one year. While a 52-week high of $52.26 was reached on 01/28/25, a 52-week low of $29.18 was recorded on 03/10/25. SMA at 50 days reached $40.03, while 200 days put it at $38.48.
Levels Of Support And Resistance For BRZE Stock
The 24-hour chart illustrates a support level at 38.25, which if violated will result in even more drops to 37.35. On the upside, there is a resistance level at 39.74. A further resistance level may holdings at 40.33. The Relative Strength Index (RSI) on the 14-day chart is 56.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.62, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.66%. Stochastics %K at 96.35% indicates the stock is a selling.
How much short interest is there in Braze Inc?
A steep rise in short interest was recorded in Braze Inc stocks on 2025-02-28, dropping by -0.51 million shares to a total of 4.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.57 million shares. There was a decline of -12.46%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 29, 2024 when Oppenheimer resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $60.
