Two Sigma Securities LLC Has $141,000 Stock Holdings in Kanzhun Limited (NASDAQ:BZ)

Two Sigma Securities LLC lowered its position in Kanzhun Limited (NASDAQ:BZ) by 58.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,225 shares of the company’s stock after selling 14,132 shares during the quarter. Two Sigma Securities LLC’s holdings in Kanzhun were worth $141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Quadrant Capital Group LLC increased its stake in shares of Kanzhun by 403.1% in the fourth quarter. Quadrant Capital Group LLC now owns 1,781 shares of the company’s stock valued at $25,000 after buying an additional 1,427 shares during the period. PNC Financial Services Group Inc. raised its holdings in Kanzhun by 107.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,976 shares of the company’s stock worth $41,000 after purchasing an additional 1,542 shares during the last quarter. China Universal Asset Management Co. Ltd. acquired a new position in shares of Kanzhun in the 4th quarter worth approximately $63,000. Townsquare Capital LLC bought a new stake in shares of Kanzhun in the 4th quarter valued at $157,000. Finally, Virtu Financial LLC acquired a new stake in shares of Kanzhun during the fourth quarter worth $162,000. Institutional investors own 60.67% of the company’s stock.

Kanzhun Price Performance

Shares of BZ opened at $15.50 on Friday. Kanzhun Limited has a one year low of $10.57 and a one year high of $22.74. The company has a market cap of $6.03 billion, a PE ratio of 34.45 and a beta of 0.32. The stock has a 50-day moving average of $16.76 and a 200-day moving average of $15.19.

Analyst Ratings Changes

Several research firms recently issued reports on BZ. Sanford C. Bernstein restated a “market perform” rating and issued a $18.00 target price on shares of Kanzhun in a report on Wednesday, March 12th. Barclays boosted their price objective on Kanzhun from $16.00 to $22.00 and gave the company an “overweight” rating in a research note on Thursday, March 13th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Kanzhun currently has an average rating of “Moderate Buy” and a consensus target price of $21.71.

Kanzhun Profile

Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.