KANZHUN LIMITED Sponsored ADR $BZ Position Lessened by Krane Funds Advisors LLC

Krane Funds Advisors LLC lowered its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 16.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,060,290 shares of the company’s stock after selling 3,230,746 shares during the period. KANZHUN makes up 10.6% of Krane Funds Advisors LLC’s investment portfolio, making the stock its 4th largest position. Krane Funds Advisors LLC’s holdings in KANZHUN were worth $327,309,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. APG Asset Management N.V. grew its holdings in KANZHUN by 203.1% in the 3rd quarter. APG Asset Management N.V. now owns 196,400 shares of the company’s stock worth $4,588,000 after acquiring an additional 131,600 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in KANZHUN by 29.4% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 397,379 shares of the company’s stock worth $9,283,000 after purchasing an additional 90,200 shares in the last quarter. Temasek Holdings Private Ltd lifted its position in shares of KANZHUN by 16.5% in the 3rd quarter. Temasek Holdings Private Ltd now owns 2,662,819 shares of the company’s stock worth $62,203,000 after purchasing an additional 376,545 shares during the period. Nordea Investment Management AB boosted its stake in shares of KANZHUN by 255.5% during the 4th quarter. Nordea Investment Management AB now owns 1,329,223 shares of the company’s stock valued at $26,930,000 after purchasing an additional 955,304 shares in the last quarter. Finally, Korea Investment CORP increased its position in shares of KANZHUN by 59.9% during the third quarter. Korea Investment CORP now owns 372,190 shares of the company’s stock valued at $8,694,000 after buying an additional 139,400 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on BZ shares. Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $16.50 to $18.00 in a report on Friday. Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Barclays reduced their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. Finally, Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $21.75.

Insider Activity at KANZHUN

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total transaction of $446,720.00. Following the completion of the sale, the chief executive officer owned 576,000 shares of the company’s stock, valued at $4,020,480. This trade represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

KANZHUN Stock Performance

NASDAQ:BZ opened at $14.03 on Monday. The firm has a market cap of $5.90 billion, a P/E ratio of 13.76 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $12.85 and a fifty-two week high of $25.26. The firm has a 50-day simple moving average of $13.78 and a two-hundred day simple moving average of $16.90.

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.