WFM ASIA BVI Ltd Decreases Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

WFM ASIA BVI Ltd cut its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 25.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,600,645 shares of the company’s stock after selling 1,548,355 shares during the period. KANZHUN comprises approximately 11.6% of WFM ASIA BVI Ltd’s holdings, making the stock its 5th largest holding. WFM ASIA BVI Ltd’s holdings in KANZHUN were worth $93,761,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Schroder Investment Management Group grew its position in KANZHUN by 15.5% during the 3rd quarter. Schroder Investment Management Group now owns 21,081,099 shares of the company’s stock worth $494,141,000 after acquiring an additional 2,822,778 shares during the last quarter. Krane Funds Advisors LLC grew its position in KANZHUN by 24.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after acquiring an additional 3,819,347 shares during the last quarter. Vanguard Group Inc. grew its position in KANZHUN by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock worth $271,880,000 after acquiring an additional 194,820 shares during the last quarter. Capital International Investors grew its position in KANZHUN by 22.2% during the 4th quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock worth $200,651,000 after acquiring an additional 1,786,308 shares during the last quarter. Finally, CoreView Capital Management Ltd grew its position in KANZHUN by 3.3% during the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock worth $220,703,000 after acquiring an additional 298,584 shares during the last quarter. 60.67% of the stock is currently owned by institutional investors.

KANZHUN Stock Up 3.7%

BZ stock opened at $13.73 on Friday. The business’s fifty day moving average is $13.80 and its 200-day moving average is $16.70. The company has a market cap of $5.77 billion, a P/E ratio of 13.46 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.

Analyst Ratings Changes

A number of research firms recently commented on BZ. Barclays decreased their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $16.50 to $18.00 in a research report on Friday, June 5th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $21.75.

Get Our Latest Analysis on BZ

Insider Buying and Selling at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares of the company’s stock, valued at $4,020,480. This represents a 10.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.60% of the stock is currently owned by company insiders.

About KANZHUN

(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.

See Also

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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