Healthcare of Ontario Pension Plan Trust Fund Sells 672,700 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Healthcare of Ontario Pension Plan Trust Fund lessened its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 17.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,076,300 shares of the company’s stock after selling 672,700 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in KANZHUN were worth $62,695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of BZ. AQR Capital Management LLC bought a new position in KANZHUN during the 1st quarter worth approximately $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in KANZHUN during the 1st quarter worth approximately $27,000. Millennium Management LLC boosted its stake in KANZHUN by 85.3% during the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock worth $18,059,000 after acquiring an additional 433,705 shares during the last quarter. American Century Companies Inc. boosted its stake in KANZHUN by 3.1% during the 2nd quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock worth $1,244,000 after acquiring an additional 2,096 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in KANZHUN by 315.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock worth $104,000 after acquiring an additional 4,442 shares during the last quarter. Institutional investors own 60.67% of the company’s stock.

KANZHUN Price Performance

NASDAQ BZ opened at $13.70 on Monday. KANZHUN LIMITED Sponsored ADR has a 12-month low of $12.85 and a 12-month high of $25.26. The company has a market capitalization of $5.76 billion, a PE ratio of 13.43 and a beta of 0.49. The firm’s 50 day moving average is $13.80 and its 200-day moving average is $16.64.

Insider Activity

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

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Barclays reduced their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. Sanford C. Bernstein raised shares of KANZHUN from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $16.50 to $18.00 in a research note on Friday, June 5th. Finally, Wall Street Zen lowered shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.75.

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.