RWC Asset Advisors US LLC Invests $54.75 Million in KANZHUN LIMITED Sponsored ADR $BZ

RWC Asset Advisors US LLC acquired a new position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,343,840 shares of the company’s stock, valued at approximately $54,752,000. KANZHUN comprises about 9.0% of RWC Asset Advisors US LLC’s holdings, making the stock its 5th biggest position.

A number of other institutional investors also recently added to or reduced their stakes in the business. First Horizon Corp purchased a new position in shares of KANZHUN during the 3rd quarter worth approximately $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN during the first quarter worth $27,000. PNC Financial Services Group Inc. raised its position in KANZHUN by 39.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock worth $75,000 after acquiring an additional 1,185 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in KANZHUN by 52.5% in the second quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock valued at $93,000 after acquiring an additional 1,792 shares during the period. Finally, Global Retirement Partners LLC boosted its position in shares of KANZHUN by 5,742.6% during the 3rd quarter. Global Retirement Partners LLC now owns 5,492 shares of the company’s stock worth $128,000 after purchasing an additional 5,398 shares in the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BZ. Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of KANZHUN in a report on Monday, September 22nd. Wall Street Zen upgraded shares of KANZHUN from a “hold” rating to a “buy” rating in a research report on Tuesday, December 23rd. Zacks Research cut KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Barclays lifted their price objective on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

KANZHUN Stock Performance

BZ stock opened at $19.25 on Tuesday. The stock’s 50 day moving average price is $20.88 and its 200 day moving average price is $21.39. The firm has a market cap of $8.01 billion, a P/E ratio of 25.33 and a beta of 0.43. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.85 and a 1 year 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.