Xu Chen Sells 400,000 Shares of KANZHUN (NASDAQ:BZ) Stock

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) CMO Xu Chen sold 400,000 shares of the business’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $8.50, for a total transaction of $3,400,000.00. Following the completion of the transaction, the chief marketing officer owned 153,340 shares in the company, valued at $1,303,390. The trade was a 72.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

KANZHUN Stock Performance

Shares of NASDAQ BZ traded down $0.55 during midday trading on Wednesday, reaching $16.07. 7,974,462 shares of the stock were exchanged, compared to its average volume of 4,313,235. The company has a 50 day simple moving average of $15.77 and a 200 day simple moving average of $14.67. The stock has a market capitalization of $6.59 billion, a P/E ratio of 11.32, a PEG ratio of 1.81 and a beta of 0.48. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.57 and a twelve month high of $25.26.

KANZHUN (NASDAQ:BZ) last released its quarterly earnings data on Friday, August 14th. The company reported $0.33 EPS for the quarter. KANZHUN had a return on equity of 15.03% and a net margin of 53.16%.The firm had revenue of $353.05 million for the quarter. On average, research analysts expect that KANZHUN LIMITED Sponsored ADR will post 1 earnings per share for the current year.

KANZHUN Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Monday, September 28th will be paid a $0.51 dividend. This represents a dividend yield of 313.0%. The ex-dividend date of this dividend is Monday, September 28th. KANZHUN’s dividend payout ratio is 35.92%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Barclays lifted their price target on shares of KANZHUN from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Thursday, August 27th. Bank of America started coverage on shares of KANZHUN in a research note on Tuesday, August 18th. They issued a “neutral” rating and a $19.00 price target on the stock. Weiss Ratings raised shares of KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $19.00 target price on shares of KANZHUN in a report on Wednesday, August 26th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, KANZHUN has an average rating of “Moderate Buy” and a consensus price target of $19.33.

Hedge Funds Weigh In On KANZHUN

A number of hedge funds and other institutional investors have recently bought and sold shares of BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN during the first quarter worth about $27,000. Parallel Advisors LLC grew its holdings in shares of KANZHUN by 5,732.4% in the first quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock valued at $29,000 after purchasing an additional 2,121 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of KANZHUN in the fourth quarter valued at approximately $29,000. Larson Financial Group LLC increased its stake in KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after buying an additional 815 shares during the period. Finally, Leonteq Securities AG acquired a new stake in KANZHUN during the 4th quarter worth approximately $41,000. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

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.