Hsbc Holdings PLC raised its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) by 2.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,717,278 shares of the company’s stock after buying an additional 34,577 shares during the quarter. Hsbc Holdings PLC owned about 0.41% of KANZHUN worth $22,992,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Cerity Partners LLC boosted its stake in shares of KANZHUN by 2.5% during the second quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock valued at $398,000 after acquiring an additional 549 shares during the last quarter. Larson Financial Group LLC lifted its holdings in KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after purchasing an additional 815 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in shares of KANZHUN by 7.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company’s stock worth $290,000 after purchasing an additional 958 shares during the last quarter. Genus Capital Management Inc. boosted its stake in shares of KANZHUN by 7.1% during the 4th quarter. Genus Capital Management Inc. now owns 15,000 shares of the company’s stock worth $306,000 after purchasing an additional 1,000 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of KANZHUN by 82.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,917 shares of the company’s stock worth $68,000 after buying an additional 1,317 shares in the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on BZ. Weiss Ratings reissued a “hold (c-)” rating on shares of KANZHUN in a research report on Wednesday, July 15th. Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $16.50 to $18.00 in a report on Friday, June 5th. Finally, Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $21.75.
KANZHUN Stock Performance
KANZHUN stock opened at $15.78 on Wednesday. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.57 and a 1 year high of $25.26. The firm has a 50 day moving average price of $13.87 and a 200 day moving average price of $15.27. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 15.47 and a beta of 0.50.
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.
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