On October 7, 2024, Director Fernando Machado sold 1,377 shares of Braze Inc (BRZE, Financial), as reported in a recent SEC Filing. Following this transaction, the insider now owns 8,937 shares of the company.
Braze Inc (BRZE, Financial) is a customer engagement platform that provides data integration and cross-channel marketing automation software. The company's solutions are designed to help businesses personalize and optimize their customer interactions across various digital channels.
Over the past year, Fernando Machado has sold a total of 3,738 shares of Braze Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend seen within the company, where there have been 77 insider sells and no insider buys over the past year.
Shares of Braze Inc were trading at $30.65 on the day of the transaction. The company currently has a market cap of approximately $3.08 billion.
According to the GF Value, the intrinsic value of Braze Inc is estimated at $59.37 per share, which suggests that the stock is significantly undervalued with a price-to-GF-Value ratio of 0.52. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider selling activity could be of interest to investors tracking insider behaviors as an indicator of potential future stock performance, particularly in the context of the stock's current valuation relative to its GF Value.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
