Mitsubishi UFJ Asset Management Co. Ltd. Purchases 90,200 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 29.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 397,379 shares of the company’s stock after buying an additional 90,200 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in KANZHUN were worth $9,283,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. First Horizon Corp purchased a new stake in shares of KANZHUN during the third quarter valued at approximately $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in KANZHUN in the first quarter worth $27,000. Hantz Financial Services Inc. grew its stake in KANZHUN by 194.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock valued at $77,000 after purchasing an additional 2,170 shares during the period. PNC Financial Services Group Inc. increased its position in shares of KANZHUN by 39.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock valued at $75,000 after purchasing an additional 1,185 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of KANZHUN by 52.5% during the 2nd quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock valued at $93,000 after purchasing an additional 1,792 shares during the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

Wall Street Analyst Weigh In

BZ has been the topic of a number of research analyst reports. Barclays boosted their price target on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $24.00.

KANZHUN Stock Up 0.6%

NASDAQ BZ opened at $16.18 on Tuesday. The firm has a market cap of $6.77 billion, a P/E ratio of 21.29 and a beta of 0.45. The company’s 50 day moving average is $18.76 and its 200-day moving average is $21.08. KANZHUN LIMITED Sponsored ADR has a 12-month low of $13.28 and a 12-month high of $25.26.

KANZHUN Profile

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.