KANZHUN LIMITED Sponsored ADR $BZ Shares Purchased by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. increased its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 58.8% during the 4th quarter, Holdings Channel reports. The fund owned 6,117,010 shares of the company’s stock after purchasing an additional 2,265,441 shares during the quarter. KANZHUN makes up about 1.6% of Thornburg Investment Management Inc.’s investment portfolio, making the stock its 18th largest position. Thornburg Investment Management Inc.’s holdings in KANZHUN were worth $124,665,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BZ. Norges Bank acquired a new stake in KANZHUN during the fourth quarter worth about $105,095,000. Krane Funds Advisors LLC grew its holdings in KANZHUN by 24.7% during the third quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after acquiring an additional 3,819,347 shares during the period. Schroder Investment Management Group grew its holdings in KANZHUN by 15.9% during the fourth quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock worth $497,962,000 after acquiring an additional 3,352,779 shares during the period. Capital International Investors grew its holdings in KANZHUN by 70.3% during the third quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock worth $188,262,000 after acquiring an additional 3,326,548 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in KANZHUN during the fourth quarter worth about $62,692,000. 60.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Transactions at KANZHUN

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares in the company, valued at approximately $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 SEC, which can be accessed through this hyperlink.

KANZHUN Stock Performance

Shares of BZ stock opened at $13.70 on Monday. The company has a market capitalization of $5.76 billion, a P/E ratio of 13.43 and a beta of 0.49. The business’s 50 day moving average is $13.80 and its two-hundred day moving average is $16.64. KANZHUN LIMITED Sponsored ADR has a 12-month low of $12.85 and a 12-month 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.