Wellington Management Group LLP Reduces Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

Wellington Management Group LLP cut its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 57.0% during the second quarter, Holdings Channel reports. The institutional investor owned 354,145 shares of the company’s stock after selling 469,148 shares during the period. Wellington Management Group LLP’s holdings in KANZHUN were worth $4,558,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new position in shares of KANZHUN during the 4th quarter worth about $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of KANZHUN during the 1st quarter worth about $27,000. Larson Financial Group LLC raised its position in shares of KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after acquiring an additional 815 shares in the last quarter. Leonteq Securities AG purchased a new stake in KANZHUN during the fourth quarter worth approximately $41,000. Finally, Parallel Advisors LLC lifted its stake in KANZHUN by 5,732.4% during the first quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock worth $29,000 after purchasing an additional 2,121 shares during the last quarter. 60.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at KANZHUN

In other KANZHUN news, CMO Xu Chen sold 400,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $8.50, for a total transaction of $3,400,000.00. Following the completion of the sale, the chief marketing officer directly owned 153,340 shares of the company’s stock, valued at $1,303,390. This represents a 72.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.60% of the stock is owned by company insiders.

KANZHUN Trading Down 3.3%

BZ stock opened at $16.07 on Thursday. The company has a market capitalization of $6.59 billion, a P/E ratio of 11.32, a PEG ratio of 1.77 and a beta of 0.48. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.57 and a twelve month high of $25.26. The business has a 50 day simple moving average of $15.83 and a 200-day simple moving average of $14.66.

KANZHUN (NASDAQ:BZ) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.33 earnings per share for the quarter. KANZHUN had a net margin of 53.16% and a return on equity of 15.03%. The firm had revenue of $353.05 million during the quarter. Research analysts predict that KANZHUN LIMITED Sponsored ADR will post 1 EPS for the current fiscal year.

KANZHUN Announces Dividend

The business also recently declared an annual dividend, which will be paid on Wednesday, October 14th. Investors of record on Monday, September 28th will be given a $0.51 dividend. This represents a yield of 313.0%. The ex-dividend date is Monday, September 28th. KANZHUN’s payout ratio is 10.56%.

Analyst Upgrades and Downgrades

BZ has been the topic of several recent analyst reports. Bank of America started coverage on shares of KANZHUN in a research note on Tuesday, August 18th. They issued a “neutral” rating and a $19.00 price target on the stock. Barclays boosted their price objective on shares of KANZHUN from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Weiss Ratings upgraded shares of KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 5th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $19.00 price target on shares of KANZHUN in a research note on Wednesday, August 26th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, KANZHUN currently has an average rating of “Moderate Buy” and an average price target of $19.33.

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.