Capital World Investors cut its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) by 18.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,070,991 shares of the company’s stock after selling 7,724,015 shares during the period. Capital World Investors owned 8.23% of KANZHUN worth $795,898,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in KANZHUN during the 2nd quarter worth $123,984,000. Krane Funds Advisors LLC lifted its position in shares of 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 purchasing an additional 3,819,347 shares during the last quarter. Capital International Investors lifted its position in shares of 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 purchasing an additional 3,326,548 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in KANZHUN by 299.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 4,399,712 shares of the company’s stock worth $78,491,000 after purchasing an additional 3,298,187 shares in the last quarter. Finally, Serenity Capital Management PTE. LTD. increased its holdings in KANZHUN by 236.2% in the second quarter. Serenity Capital Management PTE. LTD. now owns 4,035,348 shares of the company’s stock valued at $71,991,000 after buying an additional 2,835,149 shares during the last quarter. 60.67% of the stock is currently owned by institutional investors.
KANZHUN Price Performance
BZ stock opened at $15.03 on Wednesday. The company’s 50 day simple moving average is $18.10 and its 200-day simple moving average is $20.80. The firm has a market capitalization of $6.29 billion, a P/E ratio of 19.78 and a beta of 0.45. KANZHUN LIMITED Sponsored ADR has a 52-week low of $13.28 and a 52-week high of $25.26.
Wall Street Analyst Weigh In
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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.
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