APG Asset Management N.V. Has $4.59 Million Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

APG Asset Management N.V. grew its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 203.1% during the third quarter, HoldingsChannel.com reports. The firm owned 196,400 shares of the company’s stock after buying an additional 131,600 shares during the period. APG Asset Management N.V.’s holdings in KANZHUN were worth $4,588,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC bought a new position in shares of KANZHUN in the 1st quarter valued at about $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in KANZHUN during the first quarter worth $27,000. Millennium Management LLC grew its stake in shares of KANZHUN by 85.3% in the 1st 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 period. Envestnet Asset Management Inc. raised its stake in shares of KANZHUN by 459.4% in the second quarter. Envestnet Asset Management Inc. now owns 186,323 shares of the company’s stock worth $3,324,000 after purchasing an additional 153,013 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in KANZHUN by 17.1% during the second quarter. Bank of Montreal Can now owns 15,098 shares of the company’s stock worth $269,000 after acquiring an additional 2,200 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.

KANZHUN Trading Down 1.7%

Shares of KANZHUN stock opened at $15.91 on Wednesday. KANZHUN LIMITED Sponsored ADR has a 12-month low of $13.28 and a 12-month high of $25.26. The firm has a market capitalization of $6.65 billion, a price-to-earnings ratio of 20.93 and a beta of 0.45. The firm’s 50 day simple moving average is $18.66 and its two-hundred day simple moving average is $21.04.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BZ. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Barclays raised their price target on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, November 19th. Zacks Research lowered KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

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.