Catalyst Funds Management Pty Ltd Acquires New Position in KANZHUN LIMITED Sponsored ADR $BZ

Catalyst Funds Management Pty Ltd acquired a new stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 44,600 shares of the company’s stock, valued at approximately $909,000.

Other large investors also recently bought and sold shares of the company. APG Asset Management N.V. raised its stake in KANZHUN by 203.1% during the third quarter. APG Asset Management N.V. now owns 196,400 shares of the company’s stock worth $4,588,000 after purchasing an additional 131,600 shares during the period. Rakuten Investment Management Inc. purchased a new position in KANZHUN during the third quarter worth approximately $1,571,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in KANZHUN by 29.4% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 397,379 shares of the company’s stock worth $9,283,000 after purchasing an additional 90,200 shares during the period. Nordea Investment Management AB raised its stake in KANZHUN by 255.5% during the fourth quarter. Nordea Investment Management AB now owns 1,329,223 shares of the company’s stock worth $26,930,000 after purchasing an additional 955,304 shares during the period. Finally, Capital International Investors raised its stake in KANZHUN by 70.3% during the third quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock worth $188,262,000 after purchasing an additional 3,326,548 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

Insider Activity

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the completion of the sale, the chief executive officer owned 576,000 shares of the company’s stock, valued at $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on BZ. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Barclays cut their price target 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. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

KANZHUN Stock Down 0.4%

KANZHUN stock opened at $13.75 on Friday. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.85 and a 52-week high of $25.26. The firm has a fifty day moving average of $13.77 and a 200-day moving average of $17.44. The firm has a market capitalization of $5.78 billion, a P/E ratio of 13.48 and a beta of 0.49.

About KANZHUN

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.