Prudential PLC Has $11.38 Million Stake in KANZHUN LIMITED Sponsored ADR $BZ

Prudential PLC increased its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 28.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 558,131 shares of the company’s stock after acquiring an additional 123,201 shares during the period. Prudential PLC owned about 0.13% of KANZHUN worth $11,375,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of KANZHUN during the first quarter worth approximately $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN during the first quarter valued at approximately $27,000. Millennium Management LLC boosted its holdings in shares of KANZHUN by 85.3% in the first quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after buying an additional 433,705 shares during the period. American Century Companies Inc. boosted its holdings in shares of KANZHUN by 3.1% in the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after buying an additional 2,096 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of KANZHUN by 315.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after buying an additional 4,442 shares during the period. 60.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer directly owned 576,000 shares of the company’s stock, valued at $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.60% of the stock is owned by insiders.

KANZHUN Price Performance

Shares of BZ opened at $14.03 on Friday. The firm has a market capitalization of $5.90 billion, a PE ratio of 13.76 and a beta of 0.49. The company’s 50-day moving average is $13.78 and its 200-day moving average is $16.92. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $12.85 and a fifty-two week high of $25.26.

About KANZHUN

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.