KANZHUN LIMITED Sponsored ADR $BZ Shares Bought by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. raised its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 12.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,186,400 shares of the company’s stock after acquiring an additional 342,400 shares during the period. Jupiter Asset Management Ltd. owned 0.76% of KANZHUN worth $64,939,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BZ. AQR Capital Management LLC bought a new stake in KANZHUN in the first quarter valued at $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in KANZHUN in the first quarter valued at $27,000. Millennium Management LLC lifted its stake in KANZHUN by 85.3% in the first quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after buying an additional 433,705 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of KANZHUN by 3.1% during the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,096 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of KANZHUN by 315.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after purchasing an additional 4,442 shares during the period. 60.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BZ has been the topic of a number of research analyst reports. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Barclays dropped their target price on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

Get Our Latest Stock Analysis on KANZHUN

Insiders Place Their Bets

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of KANZHUN stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares of the company’s stock, valued at approximately $4,020,480. This trade represents a 10.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.60% of the company’s stock.

KANZHUN Stock Up 1.0%

NASDAQ:BZ opened at $13.47 on Friday. The business’s 50-day moving average price is $13.70 and its 200 day moving average price is $17.19. The firm has a market cap of $5.66 billion, a P/E ratio of 13.21 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.85 and a 52-week high of $25.26.

KANZHUN Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report).

Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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