Swedbank AB Has $1.93 Million Stake in KANZHUN LIMITED Sponsored ADR $BZ

Swedbank AB raised its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 38.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,903 shares of the company’s stock after purchasing an additional 39,721 shares during the period. Swedbank AB’s holdings in KANZHUN were worth $1,927,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Schroder Investment Management Group raised its position in shares of KANZHUN by 15.9% in the fourth quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after buying an additional 3,352,779 shares in the last quarter. Vanguard Group Inc. raised its holdings in KANZHUN by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock valued at $271,880,000 after acquiring an additional 194,820 shares in the last quarter. Capital International Investors lifted its position in shares of KANZHUN by 22.2% during the 4th quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock valued at $200,651,000 after acquiring an additional 1,786,308 shares during the period. CoreView Capital Management Ltd lifted its position in shares of KANZHUN by 3.3% during the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock valued at $220,703,000 after acquiring an additional 298,584 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of KANZHUN by 14.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,416,759 shares of the company’s stock worth $191,915,000 after purchasing an additional 1,213,240 shares in the last quarter. 60.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Sanford C. Bernstein upgraded shares of 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 objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.75.

Get Our Latest Research Report on KANZHUN

KANZHUN Trading Down 3.5%

KANZHUN stock traded down $0.50 during midday trading on Friday, reaching $13.76. The company’s stock had a trading volume of 1,763,478 shares, compared to its average volume of 3,389,423. The stock has a market cap of $5.64 billion, a PE ratio of 13.49 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 52 week low of $12.57 and a 52 week high of $25.26. The business has a 50-day moving average price of $13.74 and a 200-day moving average price of $15.60.

About KANZHUN

(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.

Further Reading

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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