Vanguard Group Inc. Has $354.48 Million Stock Holdings in Braze, Inc. (NASDAQ:BRZE)

Vanguard Group Inc. raised its stake in shares of Braze, Inc. ( NASDAQ:BRZE – Free Report ) by 21.

1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,464,161 shares of the company’s stock after buying an additional 1,476,423 shares during the quarter. Vanguard Group Inc.



owned about 8.18% of Braze worth $354,479,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors also recently made changes to their positions in the company.

Harbor Capital Advisors Inc. grew its holdings in shares of Braze by 3.3% during the fourth quarter.

Harbor Capital Advisors Inc. now owns 10,828 shares of the company’s stock worth $453,000 after buying an additional 346 shares in the last quarter. KBC Group NV increased its stake in Braze by 39.

7% in the 4th quarter. KBC Group NV now owns 2,929 shares of the company’s stock valued at $123,000 after buying an additional 832 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Braze by 8,436.

4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 939 shares of the company’s stock worth $39,000 after buying an additional 928 shares in the last quarter. SBI Securities Co.

Ltd. bought a new stake in Braze during the 4th quarter worth about $47,000. Finally, Arizona State Retirement System boosted its stake in shares of Braze by 7.

2% during the 4th quarter. Arizona State Retirement System now owns 17,928 shares of the company’s stock worth $751,000 after buying an additional 1,203 shares during the last quarter. 90.

47% of the stock is owned by institutional investors. Braze Price Performance Shares of Braze stock opened at $32.74 on Friday.

Braze, Inc. has a one year low of $29.18 and a one year high of $48.

33. The business has a 50-day simple moving average of $38.91 and a 200 day simple moving average of $38.

00. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of -28.

72 and a beta of 1.17. Insiders Place Their Bets In other Braze news, General Counsel Susan Wiseman sold 10,000 shares of the business’s stock in a transaction on Monday, January 27th.

The stock was sold at an average price of $47.22, for a total value of $472,200.00.

Following the sale, the general counsel now directly owns 189,520 shares in the company, valued at $8,949,134.40. The trade was a 5.

01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website . Also, CAO Pankaj Malik sold 3,700 shares of the company’s stock in a transaction on Monday, January 6th.

The shares were sold at an average price of $45.77, for a total value of $169,349.00.

Following the transaction, the chief accounting officer now directly owns 54,784 shares in the company, valued at $2,507,463.68. This represents a 6.

33 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 90,970 shares of company stock valued at $3,904,111 in the last 90 days.

24.03% of the stock is currently owned by corporate insiders. Analyst Ratings Changes Several research firms have recently commented on BRZE.

Citigroup increased their price objective on Braze from $50.00 to $55.00 and gave the company a “buy” rating in a report on Friday, March 28th.

Oppenheimer reissued an “outperform” rating and set a $51.00 target price on shares of Braze in a report on Tuesday, December 10th. Piper Sandler upped their price objective on Braze from $40.

00 to $48.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 10th. DA Davidson reaffirmed a “buy” rating and issued a $50.

00 price objective on shares of Braze in a research note on Wednesday, March 26th. Finally, William Blair reissued an “outperform” rating on shares of Braze in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock.

Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $53.00. Read Our Latest Research Report on Braze About Braze ( Free Report ) Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide.

The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data. See Also Receive News & Ratings for Braze Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braze and related companies with MarketBeat.com's FREE daily email newsletter .

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