Kettle Hill Bets on Braze With 747,000-Share Initiation | The Motley Fool

"Kettle Hill Capital Management, LLC, reported a new holding in Braze. The fund acquired 747,715 shares, with an estimated transaction value of $22.15 million based on the average share price during the quarter. The quarter-end value of the stake totaled $25.64 million."

"Braze, Inc. is a technology company specializing in customer engagement software, enabling brands to deliver personalized and data-driven messaging across digital channels. With nearly $700 million in TTM revenue and a market capitalization of $1.80 billion, Braze leverages a software-as-a-service (SaaS) model to drive predictable, recurring revenue from enterprise clients."

"As of Feb. 16, 2026, Braze shares were priced at $17.60, down 57.6% over the past year, underperforming the S&P 500 by 70.82 percentage points."

Kettle Hill Capital Management established a new investment position in Braze, acquiring 747,715 shares valued at approximately $22.15 million during the quarter, with quarter-end value reaching $25.64 million. This new holding represents 5.72% of the fund's reportable U.S. equity assets as of December 31, 2025. Braze operates as a customer engagement platform provider offering data ingestion, segmentation, predictive analytics, and personalization tools for enterprise clients. The New York-based company, founded in 2011 with 1,699 employees, generates nearly $700 million in trailing twelve-month revenue through a SaaS model. However, Braze shares have declined 57.6% over the past year, significantly underperforming the S&P 500.

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