KBC Group NV Has $8.38 Million Stake in KANZHUN LIMITED Sponsored ADR $BZ

KBC Group NV raised its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 236.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 626,045 shares of the company’s stock after purchasing an additional 439,950 shares during the period. KBC Group NV’s holdings in KANZHUN were worth $8,383,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in KANZHUN during the 1st quarter worth about $27,000. Kestra Advisory Services LLC bought a new stake in KANZHUN in the fourth quarter valued at approximately $29,000. Larson Financial Group LLC lifted 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 valued at $34,000 after purchasing an additional 815 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of KANZHUN during the 4th quarter worth about $41,000. Finally, Smartleaf Asset Management LLC acquired a new stake in KANZHUN during the fourth quarter worth approximately $53,000. Institutional investors own 60.67% of the company’s stock.

KANZHUN Trading Down 2.4%

NASDAQ BZ opened at $15.40 on Thursday. The firm’s 50 day simple moving average is $13.88 and its 200 day simple moving average is $15.23. The firm has a market capitalization of $6.32 billion, a price-to-earnings ratio of 15.10 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.57 and a 1 year high of $25.26.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BZ. Weiss Ratings reissued a “hold (c-)” rating on shares of KANZHUN in a research report on Wednesday, July 15th. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $16.50 to $18.00 in a research note on Friday, June 5th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.75.

KANZHUN 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.