Temasek Holdings Private Ltd Buys 916,706 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Temasek Holdings Private Ltd grew its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 34.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,579,525 shares of the company’s stock after purchasing an additional 916,706 shares during the period. Temasek Holdings Private Ltd owned approximately 0.86% of KANZHUN worth $72,951,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Schroder Investment Management Group raised its position in shares of KANZHUN by 15.9% in the fourth quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after purchasing an additional 3,352,779 shares during the period. Krane Funds Advisors LLC boosted its stake in KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after purchasing an additional 3,819,347 shares during the period. Vanguard Group Inc. boosted its stake in KANZHUN by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock worth $271,880,000 after purchasing an additional 194,820 shares during the period. Capital International Investors boosted its stake in KANZHUN by 22.2% in the 4th quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock worth $200,651,000 after purchasing an additional 1,786,308 shares during the period. Finally, CoreView Capital Management Ltd grew its holdings in KANZHUN by 3.3% during the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock valued at $220,703,000 after buying an additional 298,584 shares in the last quarter. Institutional investors own 60.67% of the company’s stock.

Analyst Ratings Changes

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

Read Our Latest Research Report on KANZHUN

Insiders Place Their Bets

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer owned 576,000 shares of the company’s stock, valued at approximately $4,020,480. This represents a 10.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

KANZHUN Trading Up 3.6%

KANZHUN stock opened at $14.20 on Tuesday. The firm’s 50 day simple moving average is $13.81 and its 200 day simple moving average is $16.59. The firm has a market capitalization of $5.97 billion, a PE ratio of 13.92 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a 1-year low of $12.85 and a 1-year high of $25.26.

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.

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Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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