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Susan Wiseman, the General Counsel of Braze Inc. (NASDAQ:BRZE), recently sold 4,167 shares of the company's Class A Common Stock. The shares were sold at an average price of $30.98, resulting in a total transaction value of $129,093. Following this transaction, Wiseman holds 248,999 shares of Braze Inc. The sale comes as Braze stock, currently trading at $29.72, has experienced an 18% decline over the past week and is trading near its 52-week low of $28.59.
In addition to this sale, Wiseman was involved in several other transactions on April 4, 2025. She acquired 30,735 shares of Class A Common Stock through a conversion of Class B Common Stock, although these transactions did not involve any cash exchange. Furthermore, Wiseman exercised stock options for 15,735 and 15,000 shares at exercise prices of $3.46 and $4.88, respectively, converting them into Class A Common Stock.
These transactions provide insight into Wiseman's current holdings and her ongoing involvement with Braze Inc.'s stock.
In other recent news, Braze Inc has seen a series of updates from various analysts following its fiscal year 2025 performance and strategic initiatives. Citi analyst Tyler Radke raised the price target for Braze to $55 from $50, maintaining a Buy rating, citing the company's strong finish to FY25 and robust guidance for FY26, which includes a 16% organic growth projection. TD Cowen also increased its price target to $47 from $45, highlighting Braze's 22.5% revenue growth in the fourth quarter and strategic acquisition of OfferFit, which enhances its AI capabilities. DA Davidson reiterated a Buy rating with a $50 target, noting Braze's strong new business momentum and better-than-expected profitability, alongside the strategic fit of the OfferFit acquisition valued at $325 million.
UBS maintained its Buy rating with a $51 price target, emphasizing Braze's 22% year-over-year revenue increase and the addition of 85 new customers in the fourth quarter. Macquarie raised its price target slightly to $40, acknowledging Braze's surpassing of top-line expectations and its strategic integration with Shopify (NASDAQ:SHOP). The company's fiscal year 2026 guidance, which includes a 4% EBIT margin and a 16% revenue increase, has been well-received across the board. Analysts have noted Braze's focus on profitability and growth, with several firms seeing potential for further upside given favorable market dynamics.
The acquisition of OfferFit is a recurring theme among analysts, with its expected contribution to Braze's growth strategy being viewed positively. Despite some concerns over macroeconomic conditions and leadership changes, Braze's overall performance and strategic moves have reinforced confidence in its growth trajectory. As the company continues to execute its strategies, investors will be closely monitoring how these developments impact its position in the competitive landscape.
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