RWC Asset Management LLP Trims Stake in KANZHUN LIMITED Sponsored ADR $BZ

RWC Asset Management LLP trimmed its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 35.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 456,013 shares of the company’s stock after selling 254,290 shares during the period. RWC Asset Management LLP owned about 0.11% of KANZHUN worth $9,294,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in KANZHUN during the 1st quarter valued at about $27,000. Larson Financial Group LLC boosted its position in KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after buying an additional 815 shares during the period. Leonteq Securities AG purchased a new stake in KANZHUN in the 4th quarter valued at about $41,000. Fideuram Asset Management Ireland dac purchased a new stake in KANZHUN in the 4th quarter valued at about $67,000. Finally, Hantz Financial Services Inc. boosted its position in KANZHUN by 194.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock valued at $77,000 after buying an additional 2,170 shares during the period. 60.67% of the stock is currently owned by institutional investors.

KANZHUN Price Performance

Shares of BZ opened at $14.03 on Monday. The company has a market cap of $5.90 billion, a price-to-earnings ratio of 13.76 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.85 and a twelve month high of $25.26. The company has a 50 day moving average of $13.78 and a two-hundred day moving average of $16.90.

Insider Activity at KANZHUN

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 transaction of $446,720.00. Following the completion of the sale, the chief executive officer directly owned 576,000 shares in the company, valued at approximately $4,020,480. The trade was a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Wall Street Analysts Forecast Growth

BZ has been the subject of several research reports. Sanford C. Bernstein raised shares of KANZHUN from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $16.50 to $18.00 in a research report on Friday. Barclays lowered their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, KANZHUN presently has a consensus rating of “Moderate Buy” and an average price target of $21.75.

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.