OVERSEA CHINESE BANKING Corp Ltd Grows Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

OVERSEA CHINESE BANKING Corp Ltd increased its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 92.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,310 shares of the company’s stock after buying an additional 43,265 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in KANZHUN were worth $2,109,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BZ. First Horizon Corp purchased a new stake in KANZHUN in the third quarter worth about $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of KANZHUN during the 1st quarter valued at approximately $27,000. PNC Financial Services Group Inc. increased its holdings in KANZHUN by 39.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock worth $75,000 after acquiring an additional 1,185 shares in the last quarter. Osaic Holdings Inc. increased its holdings in KANZHUN by 52.5% in the 2nd quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock worth $93,000 after acquiring an additional 1,792 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in KANZHUN by 5,742.6% during the 3rd quarter. Global Retirement Partners LLC now owns 5,492 shares of the company’s stock worth $128,000 after acquiring an additional 5,398 shares during the period. 60.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BZ has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Barclays upped their price objective on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. Zacks Research downgraded shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. The Goldman Sachs Group restated a “buy” rating on shares of KANZHUN in a research report on Monday, September 22nd. Finally, Wall Street Zen upgraded KANZHUN from a “hold” rating to a “buy” rating in a report on Tuesday, December 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $24.00.

KANZHUN Price Performance

Shares of KANZHUN stock opened at $19.20 on Friday. The stock’s 50 day simple moving average is $20.77 and its 200-day simple moving average is $21.37. The stock has a market cap of $7.99 billion, a P/E ratio of 25.26 and a beta of 0.43. KANZHUN LIMITED Sponsored ADR has a 1-year low of $13.28 and a 1-year high of $25.26.

KANZHUN 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.