KANZHUN LIMITED Sponsored ADR $BZ Shares Purchased by Swedbank AB

Swedbank AB raised its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 61.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,182 shares of the company’s stock after purchasing an additional 39,787 shares during the quarter. Swedbank AB’s holdings in KANZHUN were worth $2,434,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Schroder Investment Management Group increased its stake in KANZHUN by 15.8% in the 2nd quarter. Schroder Investment Management Group now owns 18,258,321 shares of the company’s stock valued at $325,728,000 after buying an additional 2,486,499 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of KANZHUN by 1,474.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,552,922 shares of the company’s stock worth $183,130,000 after acquiring an additional 8,946,253 shares during the period. JPMorgan Chase & Co. raised its holdings in KANZHUN by 9.3% during the second quarter. JPMorgan Chase & Co. now owns 9,455,233 shares of the company’s stock worth $168,681,000 after purchasing an additional 801,373 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in KANZHUN by 45.0% in the first quarter. Goldman Sachs Group Inc. now owns 8,629,115 shares of the company’s stock valued at $165,420,000 after purchasing an additional 2,678,683 shares during the period. Finally, Norges Bank acquired a new stake in KANZHUN in the second quarter valued at about $123,984,000. 60.67% of the stock is owned by hedge funds and other institutional investors.

KANZHUN Stock Up 0.1%

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

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on BZ

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.

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Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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