KANZHUN LIMITED Sponsored ADR $BZ Stock Holdings Reduced by WFM ASIA BVI Ltd

WFM ASIA BVI Ltd lowered its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 25.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,600,645 shares of the company’s stock after selling 1,548,355 shares during the quarter. KANZHUN makes up approximately 11.6% of WFM ASIA BVI Ltd’s holdings, making the stock its 5th biggest position. WFM ASIA BVI Ltd owned about 1.10% of KANZHUN worth $93,761,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in KANZHUN in the first quarter valued at about $27,000. Larson Financial Group LLC lifted its position in shares of KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after purchasing an additional 815 shares during the last quarter. Leonteq Securities AG acquired a new position in shares of KANZHUN during the 4th quarter worth about $41,000. Hantz Financial Services Inc. lifted its position in shares of KANZHUN by 194.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock worth $77,000 after purchasing an additional 2,170 shares during the last quarter. Finally, Fideuram Asset Management Ireland dac acquired a new position in shares of KANZHUN during the 4th quarter worth about $67,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.

Insider Buying and Selling at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following 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 position. The transaction 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.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on KANZHUN

KANZHUN Stock Up 3.7%

KANZHUN stock opened at $13.73 on Friday. The business has a 50 day moving average price of $13.80 and a two-hundred day moving average price of $16.70. The stock has a market cap of $5.77 billion, a price-to-earnings ratio of 13.46 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a 12 month low of $12.85 and a 12 month high of $25.26.

KANZHUN Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report).

Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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