Swiss National Bank Sells 87,300 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Swiss National Bank trimmed its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 10.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 727,766 shares of the company’s stock after selling 87,300 shares during the quarter. Swiss National Bank’s holdings in KANZHUN were worth $9,745,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in KANZHUN during the first quarter worth approximately $27,000. Kestra Advisory Services LLC purchased a new position in KANZHUN during the fourth quarter worth $29,000. Larson Financial Group LLC increased its position in KANZHUN by 93.1% during the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after acquiring an additional 815 shares during the last quarter. Leonteq Securities AG bought a new position in KANZHUN during the fourth quarter valued at $41,000. Finally, Smartleaf Asset Management LLC purchased a new stake in shares of KANZHUN in the fourth quarter valued at $53,000. Institutional investors own 60.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on BZ shares. Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of KANZHUN in a research report on Wednesday, July 15th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.75.

KANZHUN Price Performance

BZ opened at $15.42 on Monday. The business has a fifty day moving average of $13.93 and a 200 day moving average of $15.15. The stock has a market cap of $6.32 billion, a P/E ratio of 15.12 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.

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.