Braze CTO Jonathan Hyman Sells 500,000 Shares
Braze's Chief Technology Officer, Jonathan Hyman, sold 500,000 shares on June 24, 2026.
Key Points
- Jonathan Hyman, CTO of Braze, sold 500,000 shares on June 24, 2026, with the stock trading near $19.57.
- Braze has a market cap of $2.2 billion, a forward P/E of 20.2, and a beta of 0.824.
- Analysts maintain a strong buy consensus with a mean target price of $34.35.
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Jonathan Hyman, the Chief Technology Officer of Braze, Inc. (NasdaqGS: BRZE), sold 500,000 shares on June 24, 2026. The transaction wasn't part of a pre-planned trading program. On the day of the sale, Braze shares traded around $19.57.
Insider Buying and Selling at Braze, Inc.
Hyman's recent sale of 500,000 shares was not an isolated event. Earlier, on June 5, 2026, Neeraj Agrawal also sold 500,000 shares. On May 15, 2026, both Isabelle Winkles, the Chief Financial Officer, and William Magnuson, the Chief Executive Officer, sold shares at an average price of $20.87. Meanwhile, Christopher Lal, the General Counsel & Corporate Secretary, bought 230,184 shares on May 29, 2026.
Braze, Inc. Stock Down 39.1%
As of Saturday, Braze's stock was trading near $19.57. The company has a market cap of approximately $2.2 billion and a forward P/E ratio of 20.2. Braze's beta is 0.824, indicating lower volatility compared to the market. The stock has seen a 52-week low of $15.26 and a high of $37.33. Its 50-day moving average is $22.44, while the 200-day moving average stands at $25.16.
$BRZE stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts remain optimistic about Braze's prospects. On May 29, 2026, Citigroup maintained its 'buy' rating with a $48.00 price target. Canaccord Genuity and Mizuho also maintained 'buy' ratings with targets of $35.00 and $32.00, respectively, on May 28, 2026. Overall, the consensus among 20 analysts is a 'strong buy', with a mean target price of $34.35.
About Braze, Inc.
Headquartered in New York, Braze, Inc. operates a platform that helps brands engage with customers through various channels. The company provides tools for managing data, sending notifications, and analyzing consumer segments. Founded in 2011, Braze has grown to employ nearly 2,000 people under the leadership of CEO William Magnuson.
Bottom Line
Insider sales at Braze, including those by CTO Jonathan Hyman, are noteworthy events for investors to monitor. While these transactions provide a glimpse into internal moves, they don't necessarily indicate negative sentiment. As of the latest trading data, analysts maintain a strong buy consensus on Braze, reflecting confidence in the company's growth potential. It's important to remember that insider trading reports are backward-looking and may not reflect current positions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.