Fourier Capital Management Ltd Invests $9.61 Million in KANZHUN LIMITED Sponsored ADR $BZ

Fourier Capital Management Ltd bought a new position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) during the fourth quarter, HoldingsChannel.com reports. The firm bought 471,310 shares of the company’s stock, valued at approximately $9,605,000. KANZHUN comprises 10.2% of Fourier Capital Management Ltd’s portfolio, making the stock its 3rd biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cerity Partners LLC raised its stake in KANZHUN by 2.5% during the 2nd quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock worth $398,000 after acquiring an additional 549 shares during the period. Envestnet Asset Management Inc. raised its stake in KANZHUN by 0.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock worth $4,373,000 after acquiring an additional 861 shares during the period. PNC Financial Services Group Inc. raised its stake in KANZHUN by 25.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock worth $124,000 after acquiring an additional 1,079 shares during the period. First Horizon Corp bought a new stake in KANZHUN during the 3rd quarter worth approximately $30,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in KANZHUN by 82.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,917 shares of the company’s stock worth $68,000 after acquiring an additional 1,317 shares during the period. Institutional investors own 60.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Zacks Research cut shares of KANZHUN from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 21st. Barclays decreased their target price on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. Finally, Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $23.00.

Insiders Place Their Bets

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total transaction of $446,720.00. Following the completion of the transaction, the chief executive officer directly owned 576,000 shares of the company’s stock, valued at approximately $4,020,480. This trade represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 5.60% of the company’s stock.

KANZHUN Stock Performance

BZ opened at $14.74 on Thursday. The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of 17.76 and a beta of 0.49. The company has a fifty day moving average of $13.94 and a 200 day moving average of $17.81. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $12.85 and a fifty-two week high of $25.26.

KANZHUN Profile

Kanzhun Ltd. (NASDAQ: BZ) operates a leading AI-driven online recruitment platform under the brand name Boss Zhipin. The platform leverages algorithmic job matching and instant in-app messaging to connect job seekers and employers, streamlining the hiring process and reducing time-to-fill. By combining machine-learning recommendations with direct recruiter interactions, Kanzhun aims to create a more efficient, personalized recruitment experience compared with traditional job boards.

Beyond its core peer-to-peer marketplace, Kanzhun provides a suite of premium services for corporate clients, including employer branding packages, targeted marketing campaigns and SaaS-based human capital management tools.