Ashoka WhiteOak Capital Pte Ltd Has $2.70 Million Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

Ashoka WhiteOak Capital Pte Ltd raised its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 72.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 112,900 shares of the company’s stock after buying an additional 47,500 shares during the quarter. KANZHUN accounts for about 1.5% of Ashoka WhiteOak Capital Pte Ltd’s investment portfolio, making the stock its 7th largest holding. Ashoka WhiteOak Capital Pte Ltd’s holdings in KANZHUN were worth $2,696,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Canada Pension Plan Investment Board grew its holdings in shares of KANZHUN by 14.8% during the 1st quarter. Canada Pension Plan Investment Board now owns 3,086,200 shares of the company’s stock worth $59,162,000 after acquiring an additional 396,900 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of KANZHUN by 12.1% during the first quarter. The Manufacturers Life Insurance Company now owns 2,492,263 shares of the company’s stock valued at $47,777,000 after purchasing an additional 269,349 shares in the last quarter. Vident Advisory LLC grew its stake in KANZHUN by 207.5% in the first quarter. Vident Advisory LLC now owns 49,524 shares of the company’s stock worth $949,000 after purchasing an additional 33,417 shares during the period. Royal Bank of Canada raised its holdings in KANZHUN by 268.6% in the first quarter. Royal Bank of Canada now owns 2,227,311 shares of the company’s stock worth $42,697,000 after purchasing an additional 1,623,117 shares in the last quarter. Finally, Hhlr Advisors LTD. bought a new position in KANZHUN in the first quarter worth $11,048,000. 60.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BZ. Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of KANZHUN in a research note on Monday, September 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 22nd. Wall Street Zen upgraded KANZHUN from a “hold” rating to a “buy” rating in a report on Tuesday, December 23rd. Finally, Barclays increased their price objective on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, November 19th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

KANZHUN Price Performance

NASDAQ:BZ opened at $21.05 on Friday. KANZHUN LIMITED Sponsored ADR has a one year low of $12.85 and a one year high of $25.26. The business has a fifty day moving average price of $21.33 and a 200-day moving average price of $21.19. The firm has a market capitalization of $8.74 billion, a price-to-earnings ratio of 27.70 and a beta of 0.42.

About KANZHUN

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.