Jupiter Asset Management Ltd. boosted its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) by 12.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,186,400 shares of the company’s stock after purchasing an additional 342,400 shares during the period. Jupiter Asset Management Ltd.’s holdings in KANZHUN were worth $64,939,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC grew its position in KANZHUN by 2.5% during the 2nd quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock worth $398,000 after purchasing an additional 549 shares in the last quarter. Larson Financial Group LLC grew its stake in KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after acquiring an additional 815 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in KANZHUN by 0.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock valued at $4,373,000 after acquiring an additional 861 shares in the last quarter. Genus Capital Management Inc. grew its stake in KANZHUN by 7.1% during the 4th quarter. Genus Capital Management Inc. now owns 15,000 shares of the company’s stock valued at $306,000 after acquiring an additional 1,000 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in KANZHUN by 25.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock valued at $124,000 after acquiring an additional 1,079 shares in the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have weighed in on BZ. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Barclays lowered their target price on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, four have assigned 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 target price of $23.00.
Insider Transactions at KANZHUN
In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the completion of the sale, the chief executive officer directly 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 is accessible through this link. Corporate insiders own 5.60% of the company’s stock.
KANZHUN Stock Performance
Shares of NASDAQ BZ opened at $13.47 on Friday. The stock has a market cap of $5.66 billion, a price-to-earnings ratio of 13.21 and a beta of 0.49. The business has a 50 day simple moving average of $13.70 and a 200 day simple moving average of $17.19. KANZHUN LIMITED Sponsored ADR has a 52 week low of $12.85 and a 52 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.
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