Capital World Investors Has $795.90 Million Position in KANZHUN LIMITED Sponsored ADR $BZ

Capital World Investors lowered its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 18.5% during the third quarter, HoldingsChannel reports. The fund owned 34,070,991 shares of the company’s stock after selling 7,724,015 shares during the quarter. Capital World Investors owned approximately 0.08% of KANZHUN worth $795,898,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in BZ. Norges Bank acquired a new position in shares of KANZHUN in the second quarter valued at $123,984,000. Krane Funds Advisors LLC raised its stake in shares of KANZHUN by 24.7% in the third quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after acquiring an additional 3,819,347 shares during the last quarter. Capital International Investors lifted its position in KANZHUN by 70.3% during the 3rd 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. Arrowstreet Capital Limited Partnership lifted its position in shares of KANZHUN by 299.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 4,399,712 shares of the company’s stock worth $78,491,000 after purchasing an additional 3,298,187 shares in the last quarter. Finally, Serenity Capital Management PTE. LTD. boosted its position in KANZHUN by 236.2% in the 2nd quarter. Serenity Capital Management PTE. LTD. now owns 4,035,348 shares of the company’s stock valued at $71,991,000 after buying an additional 2,835,149 shares during the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on BZ shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. Barclays increased their price target on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, November 19th. Finally, Wall Street Zen raised shares of KANZHUN from a “hold” rating to a “buy” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $24.00.

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KANZHUN Price Performance

Shares of KANZHUN stock opened at $15.03 on Wednesday. KANZHUN LIMITED Sponsored ADR has a 1 year low of $13.28 and a 1 year high of $25.26. The business has a 50-day moving average of $18.10 and a two-hundred day moving average of $20.80. The company has a market capitalization of $6.29 billion, a P/E ratio of 19.78 and a beta of 0.45.

KANZHUN Profile

(Free Report)

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.

Further Reading

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:BZFree Report).

Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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