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Insider Cluster (2 insiders) ·Filed Aug 14, 2026

BRZE

Braze, Inc.
NEUTRAL
Impact 3/10
Horizonimmediate Processed2mo ago
Insider cluster: 2 insiders, $2.0M total
Actionable Insight • Neutral

The dollar amount is too small to signal material insider concern. Monitor next quarterly filing for any acceleration in insider selling patterns, but this cluster alone does not warrant a trading response.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d ⚠ clustered
BRZE ▼ -9.05% at T+20d
NEUTRAL call -9.05% · α vs SPY -7.07% · entry $27.95 → $25.42
Next anchor: T+60d in 13d
Latest observation: T+49 +23.05% FF3 residual α
Entry = T+0 close
Aug 14, 2026
via day close
T+1d
+4.19%
call +4.19% · α +4.86%
$29.12
settled 2mo ago
T+5d
+12.49%
call +12.49% · α +13.68%
$31.44
settled 2mo ago
T+20d
-9.05%
call -9.05% · α -7.07%
$25.42
settled 6w ago
T+60d
Pending
in 13d

Price Chart

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Executive Summary

Two C-suite insiders at Braze sold a combined $1.98M in stock over a week, with the CTO selling $1.05M at $30.03 and the CBO selling $931K at $27.65. These are open-market sales, not tax-withholding events, and represent ~0.055% of the $3.6B market cap — a trivial amount. The sales are likely routine liquidity diversification, not a bearish signal, especially given the 96% analyst bullish consensus and the company's strong institutional backing.

Key Financial Metrics

Direction
selling
Total Value
$2.0M
Insiders
2

Key Facts

  • CTO Jonathan Hyman sold 35,000 shares for $1.05M on 2026-08-13 at $30.03
  • CBO Astha Malik sold 33,700 shares for $931K on 2026-08-10 at $27.65
  • Total open-market sales of $1.98M represent ~0.055% of Braze's $3.6B market cap
  • No CEO or CFO open-market sales in this cluster
  • 96% of analysts rate BRZE as Buy or Strong Buy

Financial Impact

Open-market sales of $1.98M, or ~0.055% of market cap — immaterial relative to company size

insider ownership

Risk Factors

  • Insiders could continue selling in larger volumes ahead of a negative catalyst
  • The CTO and CBO selling simultaneously may indicate shared liquidity needs or a blackout window opening

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
96% bullish (27 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-BRZE-1787198725801
17 reports for BRZE
Performance horizon
86% Hit rate @ T+1 6 of 7 directional calls Went positive at some point 7 of 7 best @ T+60▲ +32.96%May 27, 2026
Filters
Rows
Reports for BRZE — sortable, filterable
TypeNow
Oct 21, 2026
6d ago
DEFA14A
NEUTRAL ★ 4/10
$45.86 $45.88▲ +0.04%▲ +0.57%$45.78 (−0.17%)
Oct 20, 2026
7d ago
DEFA14A
BULLISH ★ 8/10
$45.68 $45.86▲ +0.39%▲ +1.57%$45.78 (+0.22%)
Oct 20, 2026
7d ago
DEFA14A
BULLISH ★ 7/10
$45.57 $45.68▲ +0.24%▼ −0.28%$45.78 (+0.46%)
Oct 20, 2026
7d ago
8-K
BULLISH ★ 7/10
$45.57 $45.68▲ +0.24%▼ −0.28%$45.78 (+0.46%)
Oct 16, 2026
11d ago
SC 13G/A
NEUTRAL ★ 3/10
$30.04 $45.57▲ +51.70%▲ +51.36%$45.78 (+52.40%)
Aug 28, 2026
8w ago
Insider Cluster
BEARISH ★ 4/10
$34.04 $32.78▲ +3.70%▲ +3.01%$45.78 (−34.49%)
Aug 26, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$34.09 $34.53▲ +1.29%▲ +1.52%$45.78 (+34.29%)
Aug 21, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$31.44 $30.80▼ −2.04%▼ −2.36%$45.78 (+45.61%)
Aug 14, 2026
10w ago
Insider Cluster
NEUTRAL ★ 3/10
$27.95 $29.12▲ +4.19%▲ +4.86%$45.78 (+63.79%)
Aug 14, 2026
10w ago
Insider Cluster
NEUTRAL ★ 2/10
$27.95 $29.12▲ +4.19%▲ +4.86%$45.78 (+63.79%)
Showing 10 of 17

US Market Status

Market Closed — Opens Wed (15h 47m)

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Report published Aug 20, 2026