BRAZE INCORPORATED (BRZE)

Bank of New York Mellon Corp lifted its holdings in shares of Braze, Inc. (NASDAQ:BRZE – Free Report) by 24.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 530,231 shares of the company’s stock after purchasing an additional ...

The insider liquidated 14% of direct holdings under pre-established trading plan, reducing their stake to 311,794 shares valued at $8.17 million.

Market Reaction: Tech stocks not involved in AI hardware, like Braze (BRZE), saw a 15% decline this week as major tech firms announced plans to significantly boost AI infrastructure spending, indicating a loss of confidence in software companies. Alphabet's Impact: Alphabet's second-quarter earnings…

Any stock considered a part of the AI theme has been rebounding this week.

The Manufacturers Life Insurance Company lifted its holdings in Braze, Inc. (NASDAQ:BRZE - Free Report) by 30.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,885,577 shares of the company's stock after buying an additi