Swedbank AB Has $1.93 Million Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

Swedbank AB increased its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 38.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 143,903 shares of the company’s stock after purchasing an additional 39,721 shares during the period. Swedbank AB’s holdings in KANZHUN were worth $1,927,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of KANZHUN in the first quarter valued at approximately $27,000. Kestra Advisory Services LLC acquired a new position in shares of KANZHUN during the 4th quarter worth approximately $29,000. Larson Financial Group LLC raised its stake in KANZHUN by 93.1% in the 4th 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 period. Leonteq Securities AG bought a new stake in KANZHUN in the 4th quarter valued at $41,000. Finally, Smartleaf Asset Management LLC acquired a new stake in KANZHUN during the 4th quarter valued at $53,000. Institutional investors own 60.67% of the company’s stock.

KANZHUN Stock Performance

Shares of NASDAQ BZ traded down $0.50 during trading hours on Friday, reaching $13.76. 1,763,478 shares of the stock were exchanged, compared to its average volume of 3,389,423. The firm has a market capitalization of $5.64 billion, a price-to-earnings ratio of 13.49 and a beta of 0.50. The stock’s fifty day simple moving average is $13.74 and its 200 day simple moving average is $15.60. KANZHUN LIMITED Sponsored ADR has a 52 week low of $12.57 and a 52 week high of $25.26.

Analyst Upgrades and Downgrades

A number of research firms have commented on BZ. Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Barclays cut their target price on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research note on Friday, March 20th. Finally, Sanford C. Bernstein raised shares of KANZHUN from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.75.

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.