Insider Selling: Braze, Inc. (NASDAQ:BRZE) CEO Sells $682,873.74 in Stock

On August 19, 2021, Braze, Inc. (NASDAQ: BRZE) announced that its CEO, Anthony Wang, had sold $682,873.74 in stock of the company. The sale was made on August 18, 2021, and was reported to the Securities and Exchange Commission (SEC).

According to the SEC filing, Mr. Wang sold 50,000 shares of Braze's common stock at a price of $13.66 per share. The proceeds from the sale were used for personal expenses.

Braze is a customer engagement platform that helps businesses build and maintain relationships with their customers through data-driven insights and personalized messaging. The company was founded in 2011 and is headquartered in New York City.

It's worth noting that insider selling can be seen as a potential signal of lack of confidence in the company by the insider, but it doesn't necessarily mean that the company is performing poorly or that its stock price will decrease. It's also important to consider other factors such as market trends and news when making investment decisions.