Lazard Asset Management LLC Purchases 628,993 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Lazard Asset Management LLC grew its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 45.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,001,349 shares of the company’s stock after buying an additional 628,993 shares during the period. Lazard Asset Management LLC’s holdings in KANZHUN were worth $26,798,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. WCM Investment Management LLC boosted its stake in shares of KANZHUN by 374.7% in the 1st quarter. WCM Investment Management LLC now owns 1,529,841 shares of the company’s stock valued at $20,408,000 after purchasing an additional 1,207,553 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of KANZHUN by 70.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 5,591,441 shares of the company’s stock worth $113,954,000 after buying an additional 2,313,922 shares during the last quarter. LBP AM SA lifted its holdings in KANZHUN by 215.3% in the fourth quarter. LBP AM SA now owns 262,547 shares of the company’s stock valued at $5,351,000 after buying an additional 179,272 shares during the period. Vanguard Group Inc. lifted its holdings in KANZHUN by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock valued at $271,880,000 after buying an additional 194,820 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in KANZHUN by 217.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 286,787 shares of the company’s stock valued at $5,845,000 after acquiring an additional 196,332 shares during the last quarter. Institutional investors own 60.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on BZ shares. 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. Weiss Ratings reissued a “hold (c-)” rating on shares of KANZHUN in a research note on Wednesday, July 15th. Finally, Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.75.

KANZHUN Trading Up 0.6%

KANZHUN stock opened at $15.82 on Wednesday. The firm has a market capitalization of $6.49 billion, a P/E ratio of 15.51 and a beta of 0.50. The business has a 50-day moving average of $14.00 and a 200-day moving average of $15.09. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.57 and a 1 year high of $25.26.

KANZHUN Company 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.