Vanguard Group Inc. Cuts Stock Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Vanguard Group Inc. lowered its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 3.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 13,145,709 shares of the company’s stock after selling 508,174 shares during the period. Vanguard Group Inc. owned approximately 3.17% of KANZHUN worth $307,084,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D grew its holdings in shares of KANZHUN by 32.6% in the third quarter. State of New Jersey Common Pension Fund D now owns 300,479 shares of the company’s stock worth $7,019,000 after acquiring an additional 73,816 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of KANZHUN by 25.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock worth $124,000 after purchasing an additional 1,079 shares during the period. Aberdeen Group plc boosted its holdings in shares of KANZHUN by 12.2% in the third quarter. Aberdeen Group plc now owns 328,468 shares of the company’s stock worth $7,673,000 after buying an additional 35,803 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in KANZHUN by 16.0% during the third quarter. Public Sector Pension Investment Board now owns 129,306 shares of the company’s stock valued at $3,021,000 after buying an additional 17,800 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft bought a new position in KANZHUN in the third quarter worth approximately $238,000. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

KANZHUN Stock Performance

Shares of BZ opened at $16.08 on Friday. The stock has a market capitalization of $6.72 billion, a PE ratio of 21.16 and a beta of 0.43. The company’s fifty day moving average is $18.86 and its 200 day moving average is $21.13. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $13.28 and a fifty-two week high of $25.26.

Analyst Upgrades and Downgrades

BZ has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. Zacks Research downgraded KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. 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. Finally, Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a research note 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 given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

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.