This cluster is too small to warrant a trading response. Monitor for any larger insider sales (above 0.5% of market cap) or a C-suite cluster buy, which would carry real signal. The next quarterly earnings release is the more likely catalyst for BRZE.
Price Chart
Executive Summary
Two Braze insiders — the CTO and Chief Business Officer — sold a combined $323K in open-market sales over a 5-day window. The CTO's $310K sale is the largest single trade, but at just 0.008% of Braze's $3.8B market cap, the cluster is economically trivial. No C-suite cluster buying signal exists; these are routine, low-conviction sales that do not indicate material insider concern about the company's outlook.
Key Financial Metrics
Key Facts
- CTO Jonathan Hyman sold 10,000 shares at $31.04 for $310,400 on 2026-08-24
- CBO Astha Malik sold 400 shares at $30.75 for $12,300 on 2026-08-19
- Total insider sales in cluster: $322,700, representing ~0.008% of Braze's $3.8B market cap
- No insider purchases in the cluster; net direction is selling
- Cluster is well below the 0.1% of market cap threshold for materiality
Financial Impact
Total insider sales of $322,700 represent ~0.008% of market cap — economically negligible
Risk Factors
- Insider sales could accelerate if upcoming Q3 earnings disappoint
- Institutional ownership shows 8 funds trimming positions in Q2 2026, suggesting some professional caution
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BRZE-1787810929703 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | DEFA14A | $45.86 $45.88 | ▲ +0.04% | ▲ +0.57% | $45.78 (−0.17%) |
Oct 20, 2026 7d ago | DEFA14A | $45.68 $45.86 | ▲ +0.39% | ▲ +1.57% | $45.78 (+0.22%) |
Oct 20, 2026 7d ago | DEFA14A | $45.57 $45.68 | ▲ +0.24% | ▼ −0.28% | $45.78 (+0.46%) |
Oct 20, 2026 7d ago | 8-K | $45.57 $45.68 | ▲ +0.24% | ▼ −0.28% | $45.78 (+0.46%) |
Oct 16, 2026 11d ago | SC 13G/A | $30.04 $45.57 | ▲ +51.70% | ▲ +51.36% | $45.78 (+52.40%) |
Aug 28, 2026 8w ago | Insider Cluster | $34.04 $32.78 | ▲ +3.70% | ▲ +3.01% | $45.78 (−34.49%) |
Aug 26, 2026 8w ago | Insider Cluster | $34.09 $34.53 | ▲ +1.29% | ▲ +1.52% | $45.78 (+34.29%) |
Aug 21, 2026 9w ago | Insider Cluster | $31.44 $30.80 | ▼ −2.04% | ▼ −2.36% | $45.78 (+45.61%) |
Aug 14, 2026 10w ago | Insider Cluster | $27.95 $29.12 | ▲ +4.19% | ▲ +4.86% | $45.78 (+63.79%) |
Aug 14, 2026 10w ago | Insider Cluster | $27.95 $29.12 | ▲ +4.19% | ▲ +4.86% | $45.78 (+63.79%) |
US Market Status
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