Braze Inc (NASDAQ: BRZE) is -31.51% lower on its value in year-to-date trading and has touched a low of $33.24 and a high of $61.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRZE stock was last observed hovering at around $36.39 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $36.39, the stock is -8.73% and -9.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.42 million and changing 0.00% at the moment leaves the stock -20.32% off its SMA200. BRZE registered -19.35% loss for a year compared to 6-month loss of -32.07%.
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
The stock witnessed a -17.74% gain in the last 1 month and extending the period to 3 months gives it a 2.51%, and is 3.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.39% over the week and 4.60% over the month.
Braze Inc (BRZE) has around 1548 employees, a market worth around $3.74B and $535.87M in sales. Fwd P/E is 143.18. Profit margin for the company is -21.96%. Distance from 52-week low is 9.48% and -40.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.40%).
The EPS is expected to grow by 128.61% this year.
Braze Inc (BRZE) Top Institutional Holders
304.0 institutions hold shares in Braze Inc (BRZE), with institutional investors hold 86.93% of the company’s shares. The shares outstanding are 73.04M, and float is at 68.38M with Short Float at 6.81%. Institutions hold 81.28% of the Float.
The top institutional shareholder in the company is ICONIQ CAPITAL, LLC with over 8.55 million shares valued at $332.12 million. The investor’s holdings represent 8.484% of the BRZE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.35 million shares valued at $246.54 million to account for 6.2979 of the shares outstanding. The other top investors are CADIAN CAPITAL MANAGEMENT, LP which holds 4.9 million shares representing 4.8626% and valued at over $190.35 million, while BATTERY MANAGEMENT CORP. holds 4.6783 of the shares totaling 4.72 million with a market value of $183.14 million.
Braze Inc (BRZE) Insider Activity
The most recent transaction is an insider sale by Wiseman Susan, the company’s General Counsel. SEC filings show that Wiseman Susan sold 3,447 shares of the company’s common stock on Sep 05 ’24 at a price of $44.00 per share for a total of $0.15 million. Following the sale, the insider now owns 0.21 million shares.
Braze Inc disclosed in a document filed with the SEC on Sep 03 ’24 that Winkles Isabelle (Chief Financial Officer) sold a total of 4,500 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $43.41 per share for $0.2 million. Following the transaction, the insider now directly holds 0.22 million shares of the BRZE stock.
Still, SEC filings show that on Sep 03 ’24, Wiseman Susan (General Counsel) disposed off 8,553 shares at an average price of $44.31 for $0.38 million. The insider now directly holds 206,930 shares of Braze Inc (BRZE).
