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

Thornburg Investment Management Inc. boosted its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 58.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,117,010 shares of the company’s stock after buying an additional 2,265,441 shares during the period. KANZHUN makes up 1.6% of Thornburg Investment Management Inc.’s holdings, making the stock its 18th largest position. Thornburg Investment Management Inc. owned approximately 1.46% of KANZHUN worth $124,665,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN during the 1st quarter valued at about $27,000. Kestra Advisory Services LLC acquired a new position in KANZHUN during the 4th quarter valued at about $29,000. Larson Financial Group LLC increased its position 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 buying an additional 815 shares in the last quarter. Leonteq Securities AG acquired a new position in KANZHUN during the 4th quarter valued at about $41,000. Finally, Smartleaf Asset Management LLC acquired a new position in KANZHUN during the 4th quarter valued at about $53,000. 60.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on BZ shares. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Sanford C. Bernstein raised KANZHUN from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $16.50 to $18.00 in a report on Friday, June 5th. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Barclays cut their price objective on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 20th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.75.

Insider Buying and Selling at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer directly owned 576,000 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website.

KANZHUN Stock Performance

Shares of BZ stock opened at $13.70 on Monday. The stock’s 50-day simple moving average is $13.80 and its 200-day simple moving average is $16.64. The firm has a market capitalization of $5.76 billion, a PE ratio of 13.43 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $12.85 and a fifty-two 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.