Healthcare of Ontario Pension Plan Trust Fund Has $62.70 Million Stake in KANZHUN LIMITED Sponsored ADR $BZ

Healthcare of Ontario Pension Plan Trust Fund decreased its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 17.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,076,300 shares of the company’s stock after selling 672,700 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned about 0.74% of KANZHUN worth $62,695,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes 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 during the 4th quarter worth about $29,000. Larson Financial Group LLC grew 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 worth $34,000 after acquiring an additional 815 shares during the last quarter. Leonteq Securities AG bought a new stake in KANZHUN during the 4th quarter worth about $41,000. Finally, Smartleaf Asset Management LLC bought a new stake in KANZHUN during the 4th quarter worth about $53,000. Institutional investors own 60.67% of the company’s stock.

Wall Street Analyst Weigh In

BZ has been the topic of a number of research analyst reports. Barclays decreased their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 20th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Wall Street Zen lowered shares of KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Sanford C. Bernstein raised shares of KANZHUN from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, KANZHUN presently has an average rating of “Moderate Buy” and an average target price of $21.75.

KANZHUN Stock Performance

Shares of NASDAQ BZ opened at $13.70 on Monday. The firm has a market capitalization of $5.76 billion, a PE ratio of 13.43 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.85 and a 1 year high of $25.26. 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 the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares of the company’s stock, valued at approximately $4,020,480. This trade represents a 10.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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.