67,253 Shares in KANZHUN LIMITED Sponsored ADR $BZ Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. acquired a new stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) in the third quarter, Holdings Channel reports. The firm acquired 67,253 shares of the company’s stock, valued at approximately $1,571,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Nordea Investment Management AB raised its holdings in KANZHUN by 6.6% in the 2nd quarter. Nordea Investment Management AB now owns 327,771 shares of the company’s stock worth $5,806,000 after acquiring an additional 20,329 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in shares of KANZHUN by 18.6% in the 2nd quarter. Asset Management One Co. Ltd. now owns 54,058 shares of the company’s stock worth $964,000 after purchasing an additional 8,473 shares in the last quarter. Vise Technologies Inc. purchased a new position in shares of KANZHUN in the second quarter worth $527,000. DekaBank Deutsche Girozentrale lifted its holdings in shares of KANZHUN by 105.3% during the second quarter. DekaBank Deutsche Girozentrale now owns 65,816 shares of the company’s stock valued at $1,167,000 after purchasing an additional 33,750 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of KANZHUN by 459.4% during the second quarter. Envestnet Asset Management Inc. now owns 186,323 shares of the company’s stock valued at $3,324,000 after purchasing an additional 153,013 shares in the last quarter. 60.67% of the stock is owned by institutional investors.

KANZHUN Stock Up 1.1%

NASDAQ BZ opened at $19.26 on Friday. The company has a 50-day moving average price of $20.54 and a 200-day moving average price of $21.42. KANZHUN LIMITED Sponsored ADR has a 52 week low of $13.28 and a 52 week high of $25.26. The firm has a market capitalization of $8.01 billion, a P/E ratio of 25.34 and a beta of 0.43.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Barclays boosted their target price on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

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.