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Braze CFO Isabelle Winkles sells $142,785 in stock

Published 11/05/2024, 04:55 PM
BRZE
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NEW YORK—Isabelle Winkles, the Chief Financial Officer of Braze , Inc. (NASDAQ:BRZE), executed significant stock transactions recently, as disclosed in a recent filing with the Securities and Exchange Commission. On November 1, Ms. Winkles sold 4,500 shares of Braze's Class A Common Stock at a weighted average price of $31.73, amounting to a total value of approximately $142,785. This sale was conducted under a Rule 10b5-1 trading plan adopted earlier this year.

Following this transaction, Ms. Winkles holds 216,208 shares of Braze's Class A Common Stock, with a substantial portion represented by restricted stock units. The transactions reflect strategic financial management by the CFO, aligning with her ongoing role in the company.

In other recent news, Braze Inc. reported a 26% increase in its fiscal second quarter 2025 revenue, reaching $145.5 million, with 61 new customers, bringing the total to 2,163. The company's third quarter revenue is projected to be between $147.5 million and $148.5 million, and full fiscal year 2025 revenue is expected to be between $582.5 million and $585.5 million. Analysts from multiple firms, including Stifel, DA Davidson, and BTIG, have initiated or maintained Buy ratings on Braze, citing the company's strong market position and growth potential. Stifel set a price target of $37, while DA Davidson and BTIG set targets of $55 and $62 respectively. JPMorgan also maintained its Overweight rating, with a consistent price target of $55, emphasizing Braze's competitive edge. These are recent developments, reflecting the analysts' confidence in Braze's long-term growth prospects.

InvestingPro Insights

To provide additional context to Isabelle Winkles' recent stock transactions, let's examine some key financial metrics for Braze, Inc. (NASDAQ:BRZE). According to InvestingPro data, Braze has a market capitalization of $3.26 billion, indicating its significant presence in the tech sector. The company's revenue growth remains robust, with a 31.12% increase over the last twelve months as of Q2 2025, reaching $535.87 million.

Despite this growth, Braze is currently not profitable, as highlighted by one of the InvestingPro Tips. The company's P/E ratio stands at -30.29, reflecting its current loss-making status. However, it's worth noting that analysts predict the company will turn profitable this year, which could potentially impact future stock performance and executive decisions regarding share holdings.

Braze's financial health appears stable in the short term, with InvestingPro Tips indicating that the company holds more cash than debt on its balance sheet and its liquid assets exceed short-term obligations. This financial cushion may provide some reassurance to investors regarding the company's ability to navigate its growth phase.

For those seeking a more comprehensive analysis, InvestingPro offers 6 additional tips for Braze, which could provide valuable insights into the company's financial outlook and market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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