Braze Stock Down 59%, so Why Did One Fund Just Invest Another $16 Million in Shares?

Solel Partners LP increased its stake in Braze (NASDAQ:BRZE) by 526,300 shares in the fourth quarter, an estimated $15.59 million trade based on quarterly average pricing, according to a February 17, 2026, SEC filing. What happened According to an SEC filing dated February 17, 2026, Solel Partners LP purchased an additional 526,300 shares of Braze in the fourth quarter. The estimated transaction value was $15.59 million, calculated using the average closing price during the quarter. The fund ended the pe ...