Braze (BRZE)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	61.84 mm	61.84 mm	61.84 mm	61.84 mm	61.84 mm	61.84 mm
Cash burn (monthly)	5.94 mm	210.92 k	10.86 mm	11.07 mm	3.80 mm	(no burn)
Cash used (since last report)	17.75 mm	630.66 k	32.46 mm	33.11 mm	11.37 mm	n/a
Cash remaining	44.09 mm	61.21 mm	29.38 mm	28.73 mm	50.47 mm	n/a
Runway (months of cash)	7.4	290.2	2.7	2.6	13.3	n/a

Beta Read what these cash burn values mean

Financial data from Braze earnings reports.

Institutional ownership, Q3 2024

BRZE institutional ownership history Ownership history

83.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	225	229	-1.7%
Opened positions	35	56	-37.5%
Closed positions	39	52	-25.0%
Increased positions	101	93	+8.6%
Reduced positions	59	49	+20.4%

13F shares	Current	Prev Q	Change
Total value	1.99 tn	2.43 tn	-18.2%
Total shares	86.74 mm	93.42 mm	-7.2%
Total puts	173.60 k	165.40 k	+5.0%
Total calls	317.40 k	338.60 k	-6.3%
Total put/call ratio	0.5	0.5	+12.0%

Largest owners	Shares	Value	Change
MCG7 Capital	8.63 mm	$0.00	0.0%
Vanguard	6.99 mm	$225.98 bn	+10.1%
Battery Ventures XI-A	6.03 mm	$337.86 mm	0.0%
BlackRock	6.00 mm	$194.16 bn	NEW
Battery Management	4.72 mm	$152.49 bn	0.0%
Cadian Capital Management	4.50 mm	$145.43 bn	-8.2%
MS Morgan Stanley	3.78 mm	$122.09 bn	-10.0%
ICONIQ Capital	3.47 mm	$112.17 bn	-59.4%
Champlain Investment Partners	2.78 mm	$89.90 bn	-4.5%
T. Rowe Price Investment Management	2.63 mm	$85.07 mm	-8.5%

Largest transactions	Shares	Bought/sold	Change
BlackRock	6.00 mm	+6.00 mm	NEW
ICONIQ Strategic Partners III	1.79 mm	-5.62 mm	-75.9%
ICONIQ Capital	3.47 mm	-5.08 mm	-59.4%
BLK BlackRock	0.00	-4.63 mm	EXIT
JPM JPMorgan Chase & Co.	1.81 mm	+1.08 mm	+146.9%
IVZ Invesco	948.83 k	+905.67 k	+2098.4%
Citadel Advisors	148.23 k	-888.85 k	-85.7%
Norges Bank	0.00	-885.09 k	EXIT
Stephens Investment Management	642.97 k	+642.97 k	NEW
Vanguard	6.99 mm	+640.21 k	+10.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BRZE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
27 Jan 25	Susan Wiseman	Class A Common Stock	Sell	Dispose S	No	Yes	47.22	10,000	472.20 k	189,520
15 Jan 25	Fernandez Phillip M	Class A Common Stock	Sell	Dispose S	No	Yes	43.13	1,500	64.70 k	15,269
15 Jan 25	Fernandez Phillip M	Class A Common Stock	Conversion	Acquire C	No	No	0	1,500	0.00	16,769
15 Jan 25	Fernandez Phillip M	Class B Common Stock Class A Common Stock	Conversion	Dispose C	No	No	0	1,500	0.00	0
15 Jan 25	Fernandez Phillip M	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	3.83	1,500	5.75 k	1,500
15 Jan 25	Fernandez Phillip M	Stock Option Class B Common Stock	Option exercise	Dispose M	No	No	3.83	1,500	5.75 k	148,692
6 Jan 25	Myles Kleeger	Class A Common Stock	Sell	Dispose S	No	Yes	45.43	10,000	454.30 k	184,396
6 Jan 25	Myles Kleeger	Class A Common Stock	Conversion	Acquire C	No	No	0	10,000	0.00	194,396
6 Jan 25	Myles Kleeger	Class B Common Stock Class A Common Stock	Conversion	Dispose C	No	No	0	10,000	0.00	923,827
6 Jan 25	Myles Kleeger	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	1.64	10,000	16.40 k	933,827