Analysts Set KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) PT at $23.00

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $23.00.

A number of equities analysts recently issued reports on BZ shares. Barclays lowered their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st.

KANZHUN Stock Performance

Shares of NASDAQ BZ opened at $13.52 on Wednesday. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 16.29 and a beta of 0.52. KANZHUN has a 12 month low of $13.04 and a 12 month high of $25.26. The stock has a 50-day moving average price of $15.95 and a two-hundred day moving average price of $19.57.

Insiders Place Their Bets

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the sale, the chief executive officer owned 576,000 shares in the company, valued at $4,020,480. The trade was a 10.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 5.60% of the stock is owned by corporate insiders.

Institutional Trading of KANZHUN

Hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of KANZHUN in the first quarter valued at approximately $27,000. Kestra Advisory Services LLC bought a new position in KANZHUN in the 4th quarter valued at approximately $29,000. First Horizon Corp acquired a new stake in KANZHUN during the 3rd quarter worth approximately $30,000. Larson Financial Group LLC grew its holdings 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 acquiring an additional 815 shares during the last quarter. Finally, Leonteq Securities AG bought a new stake in KANZHUN during the 4th quarter worth approximately $41,000. 60.67% of the stock is owned by institutional investors and hedge funds.

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.