Arrowpoint Investment Partners Singapore Pte. Ltd. Invests $1.14 Million in KANZHUN LIMITED Sponsored ADR $BZ

Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 56,000 shares of the company’s stock, valued at approximately $1,141,000.

Several other hedge funds also recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of KANZHUN in the 4th quarter valued at $105,095,000. Krane Funds Advisors LLC boosted its stake in shares of KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after buying an additional 3,819,347 shares during the period. Capital International Investors grew its position 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 buying an additional 3,326,548 shares in the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of KANZHUN during the fourth quarter worth approximately $62,692,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in KANZHUN by 362.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,706,948 shares of the company’s stock valued at $86,594,000 after acquiring an additional 2,904,542 shares in the last quarter. 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 KANZHUN 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 transaction, the chief executive officer directly owned 576,000 shares of the company’s stock, valued at $4,020,480. The trade was a 10.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 5.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on BZ shares. Barclays lowered their price target on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 20th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

KANZHUN Stock Up 1.0%

Shares of NASDAQ BZ opened at $14.24 on Friday. The business has a 50-day moving average price of $13.77 and a 200 day moving average price of $16.94. The stock has a market cap of $5.98 billion, a PE ratio of 13.96 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.85 and a 52-week high of $25.26.

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.