Eurizon Capital SGR S.p.A. acquired a new stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 65,484 shares of the company’s stock, valued at approximately $1,335,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of BZ. APG Asset Management N.V. grew its holdings in KANZHUN by 203.1% during the 3rd quarter. APG Asset Management N.V. now owns 196,400 shares of the company’s stock worth $4,588,000 after acquiring an additional 131,600 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of KANZHUN by 29.4% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 397,379 shares of the company’s stock valued at $9,283,000 after purchasing an additional 90,200 shares during the period. Nordea Investment Management AB boosted its position in shares of KANZHUN by 255.5% in the 4th 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 last quarter. Capital International Investors grew its stake in shares of 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. Finally, Temasek Holdings Private Ltd grew its stake in shares of KANZHUN by 16.5% during the third quarter. Temasek Holdings Private Ltd now owns 2,662,819 shares of the company’s stock worth $62,203,000 after purchasing an additional 376,545 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.
Analyst Upgrades and Downgrades
BZ has been the topic of several analyst reports. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. 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 report on Friday, March 20th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, KANZHUN presently has a consensus rating of “Moderate Buy” and an average price target of $23.00.
Insider Buying and Selling at KANZHUN
In other news, CEO Peng Jonathan Zhao sold 64,000 shares of KANZHUN stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares in the company, valued at $4,020,480. The trade was a 10.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
KANZHUN Trading Up 4.4%
BZ stock opened at $14.66 on Wednesday. KANZHUN LIMITED Sponsored ADR has a 1-year low of $12.85 and a 1-year high of $25.26. The firm has a market cap of $6.16 billion, a PE ratio of 14.37 and a beta of 0.49. The business’s 50-day moving average price is $13.71 and its two-hundred day moving average price is $17.08.
KANZHUN Company 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.
Featured Articles
- Five stocks we like better than KANZHUN
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear CaseāIs a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report).
Receive News & Ratings for KANZHUN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KANZHUN and related companies with MarketBeat.com's FREE daily email newsletter.
