Schonfeld Strategic Advisors 13F: Adds $11M to Braze (BRZE) Stake

Schonfeld Grows Its Position in Braze

Schonfeld Strategic Advisors lifted its stake in Braze, Inc. (NasdaqGS: BRZE) during the period, growing its investment by 177.4% according to a Form 13F filing with the U.S. Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the investor's current position. The quantitative fund added 514,766 shares to its holdings, bringing its total ownership to 804,879 shares. That block of stock carried an estimated value of $17.4 million at the close of the period.

Braze Stock Performance and Market Context

Braze shares traded near $21.66 recently, resting between a 52-week low of $15.26 and a high of $37.33. The company carries a forward P/E ratio of 25.9 and a market capitalization of about $2.89 billion. Schonfeld's expanded bet comes as the customer engagement software provider navigates broader technology sector shifts.

Insider Buying and Selling at Braze, Inc.

Inside the company, recent executive trades caught attention. Braze Chief Technology Officer Jonathan Hyman disposed of 500,000 shares on June 24, 2026. On the same date, he also acquired 500,000 shares. Insider buying and selling at Braze often involves structured transactions or equity plan adjustments that do not necessarily signal a change in executive outlook.

Wall Street Analyst Views on Braze

Wall Street analyst views on Braze remain generally positive. On October 5, 2026, Citizens reiterated its market outperform rating with a $35.00 price target. BTIG kept a buy rating and a $35.00 target on October 1, 2026. Cantor Fitzgerald kept an overweight rating and a $38.00 target on September 30, 2026. DA Davidson maintained a buy rating with a $40.00 target on September 9, 2026. JP Morgan maintained an overweight rating with a $34.00 target on September 9, 2026. Canaccord Genuity maintained a buy rating with a $37.00 target on September 9, 2026. Raymond James maintained an outperform rating with a $33.00 target on September 9, 2026. UBS maintained a buy rating with a $32.00 target on September 9, 2026. Overall, the company holds a consensus strong buy recommendation and a mean price target of $37.30 across 20 analyst opinions.

What Braze Does

Braze operates a customer engagement platform that helps brands connect with consumers across mobile, web, and other digital channels. The company offers software development kits, data transformation tools, and real-time streaming capabilities that let marketing teams manage campaigns and analyze customer behavior.

What to Watch Next for Braze

Investors will look to the company's next earnings report scheduled for December 8, 2026, which will provide fresh data on revenue growth and software adoption. Subsequent 13F filings will also show whether Schonfeld and other institutional managers adjust their positions further.