Rakuten Investment Management Inc. Makes New Investment in KANZHUN LIMITED Sponsored ADR $BZ

Rakuten Investment Management Inc. acquired a new stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 67,253 shares of the company’s stock, valued at approximately $1,571,000.

A number of other institutional investors also recently modified their holdings of BZ. Schroder Investment Management Group grew its stake in shares of KANZHUN by 15.8% in the second quarter. Schroder Investment Management Group now owns 18,258,321 shares of the company’s stock worth $325,728,000 after purchasing an additional 2,486,499 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in KANZHUN by 9.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,455,233 shares of the company’s stock worth $168,681,000 after buying an additional 801,373 shares during the period. Norges Bank bought a new stake in shares of KANZHUN in the 2nd quarter worth approximately $123,984,000. Artisan Partners Limited Partnership increased its stake in shares of KANZHUN by 5.6% during the second quarter. Artisan Partners Limited Partnership now owns 5,686,888 shares of the company’s stock valued at $101,454,000 after buying an additional 300,197 shares during the period. Finally, State Street Corp raised its holdings in shares of KANZHUN by 13.4% during the second quarter. State Street Corp now owns 5,462,064 shares of the company’s stock valued at $97,443,000 after acquiring an additional 646,996 shares in the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Barclays lifted their price target on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, November 19th. Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $24.00.

KANZHUN Trading Up 1.1%

Shares of BZ stock opened at $19.26 on Friday. The company’s fifty day moving average price is $20.54 and its 200-day moving average price is $21.42. The stock has a market cap of $8.01 billion, a PE ratio of 25.34 and a beta of 0.43. 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.