Braze CBO Astha Malik sells $464,910 in stock By Investing.com

Astha Malik, Chief Business Officer at Braze, Inc. (), sold Class A common stock totaling $464,910 on August 19, 2026.

The transactions involved the disposition of 15,724 shares at prices ranging from $28.74 to $30.75 per share. These sales were executed under a Rule 10b5-1 trading plan, which was adopted on April 15, 2026. The stock has since climbed to $31.06, reflecting an impressive 81% surge over the past six months.

Following these transactions, Ms. Malik directly holds 326,233 shares of Braze Class A Common Stock. Of the reported shares, 281,307 are represented by restricted stock units and performance-based restricted stock units. According to InvestingPro analysis, the stock currently trades below its Fair Value, while analysts maintain a bullish outlook with price targets ranging from $27 to $50. Investors seeking deeper insights can access comprehensive Pro Research Reports covering Braze and 1,400+ other US equities.

In other recent news, Braze Inc has garnered attention from several investment firms following its latest financial results. The company reported a solid quarter with revenue and current remaining performance obligations exceeding expectations, although an accounting change highlighted Professional Services as the main driver of this outperformance, while Subscription revenue met expectations. DA Davidson noted that Braze raised its top-line guidance to 22% year-over-year growth, surpassing the consensus expectation of 20%, despite Subscription revenue slightly underperforming expectations.

Cantor Fitzgerald reiterated its Overweight rating and set a price target of $38, attributing the positive outlook to the company’s revenue performance. Meanwhile, Goldman Sachs initiated coverage with a Buy rating and a price target of $34, indicating a significant upside potential. BTIG raised its price target to $35, maintaining a Buy rating, and highlighted the challenges of organic growth acceleration in the upcoming fiscal quarters. TD Cowen also reiterated a Buy rating, citing future growth drivers such as enterprise wins and AI monetization through new product offerings expected next year. These developments reflect a generally positive sentiment among analysts regarding Braze’s growth prospects.

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