Fund Discloses $25 Million Braze Stock Investment Amid 60% Share Plunge

1 day ago 7

Jonathan Ponciano, The Motley Fool

Fri, February 20, 2026 astatine 10:39 AM CST 4 min read

On February 17, 2026, Battery Management Corp. disclosed an summation of 839,864 shares successful Braze (NASDAQ:BRZE), an estimated $24.88 cardinal commercialized based connected quarterly mean pricing.

According to a February 17, 2026, SEC filing, Battery Management Corp. boosted its holding successful Braze (NASDAQ:BRZE) by 839,864 shares during the 4th quarter. The estimated transaction worth is $24.88 million, calculated utilizing the period's mean stock price. The worth of the fund's BRZE presumption astatine quarter-end climbed by $42.99 million, a fig that reflects some trading enactment and changes successful the banal price.

The BRZE presumption is present 17.98% of the fund's 13F AUM.
Top holdings aft the filing:
- NASDAQ:TTAN: $351.44 cardinal (56.4% of AUM)
- NASDAQ:KDK: $124.01 cardinal (19.9% of AUM)
- NASDAQ:BRZE: $111.95 cardinal (18.0% of AUM)
- NYSE:CXM: $18.64 cardinal (3.0% of AUM)
- NASDAQ:CSBR: $16.73 cardinal (2.7% of AUM)
As of February 17, 2026, BRZE shares were priced astatine $16.93, down a staggering 60% twelvemonth implicit twelvemonth and importantly underperforming the S&P 500’s astir 13% summation successful the aforesaid period.

Metric

Value

Price (as of marketplace adjacent 2/17/26)	$16.93
Market capitalization	$1.73 billion
Revenue (TTM)	$693.41 million
Net income (TTM)	($116.68 million)

Braze provides a lawsuit engagement level offering information ingestion, messaging, segmentation, personalization, orchestration, and analytics solutions for brands crossed integer channels.
The steadfast serves brands globally, providing a lawsuit engagement level to heighten integer interactions.
It’s headquartered successful New York City, with a absorption connected exertion and bundle applications for endeavor clients.

Braze, Inc. is simply a exertion institution specializing successful lawsuit engagement software, enabling brands to present personalized, cross-channel messaging astatine scale. With a robust SaaS level and a absorption connected data-driven insights, Braze supports starring enterprises successful optimizing lawsuit journeys and driving retention. The company's integrated attack and precocious orchestration tools supply a competitory vantage successful the rapidly evolving integer selling landscape.

Concentration tells you much than a header ever will, and erstwhile astir 18% of a portfolio sits successful 1 mid-cap bundle sanction that is down 60% implicit the past year, that is not a trade. That is simply a thesis.

Braze precocious delivered 25.5% twelvemonth implicit twelvemonth gross maturation to $190.8 cardinal successful its fiscal 3rd quarter, with subscription gross of $181.6 cardinal and escaped currency travel of $17.8 million. Meanwhile, ample customers proceed to grow, with 303 accounts generating astatine slightest $500,000 successful ARR, up from 234 a twelvemonth ago. Dollar-based nett retention stabilized astatine 108%.

At the aforesaid time, GAAP operating losses persist, and stock-based compensation remains worldly astatine $37.6 cardinal for the quarter. This is simply a concern inactive balancing standard with profitability, and shares person taken a deed successful caller weeks, astir halving successful worth since December.

Within a portfolio already heavy tilted toward high-growth bundle and AI exposed names, expanding this presumption reinforces a wide penchant for platforms with expanding escaped currency travel and improving operating leverage. Long-term investors should absorption connected retention, ample lawsuit growth, and sustained currency generation. If those hold, today’s aggregate whitethorn look precise antithetic successful 5 years.

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