KANZHUN LIMITED Sponsored ADR $BZ is CoreView Capital Management Ltd’s Largest Position

CoreView Capital Management Ltd lifted its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 3.3% during the 3rd quarter, Holdings Channel reports. The fund owned 9,447,889 shares of the company’s stock after buying an additional 298,584 shares during the quarter. KANZHUN comprises 24.3% of CoreView Capital Management Ltd’s portfolio, making the stock its largest holding. CoreView Capital Management Ltd’s holdings in KANZHUN were worth $220,703,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. APG Asset Management N.V. increased its position in KANZHUN by 203.1% during the third quarter. APG Asset Management N.V. now owns 196,400 shares of the company’s stock worth $4,588,000 after purchasing an additional 131,600 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in KANZHUN during the third quarter worth about $1,571,000. Vise Technologies Inc. acquired a new position in KANZHUN in the 2nd quarter valued at about $527,000. Envestnet Asset Management Inc. grew its stake in shares of KANZHUN by 459.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 186,323 shares of the company’s stock valued at $3,324,000 after buying an additional 153,013 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ grew its stake in shares of KANZHUN by 37.4% in the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 195,900 shares of the company’s stock valued at $3,495,000 after buying an additional 53,300 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.

KANZHUN Price Performance

NASDAQ BZ opened at $14.17 on Friday. The stock has a market capitalization of $5.93 billion, a P/E ratio of 18.64 and a beta of 0.45. The firm’s 50-day moving average is $17.72 and its two-hundred day moving average is $20.65. KANZHUN LIMITED Sponsored ADR has a 12 month low of $13.28 and a 12 month high of $25.26.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BZ. Barclays lifted 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. Wall Street Zen upgraded KANZHUN from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.00.

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.