KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Get Free Report) has received an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $21.75.
A number of analysts have commented on the company. Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Barclays decreased their target price on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. Finally, Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $16.50 to $18.00 in a research note on Friday, June 5th.
View Our Latest Stock Report on KANZHUN
KANZHUN Price Performance
Insider Activity at KANZHUN
In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the completion of the transaction, the chief executive officer owned 576,000 shares of the company’s stock, valued at $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in BZ. Schroder Investment Management Group boosted its stake in KANZHUN by 15.9% in the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock worth $497,962,000 after purchasing an additional 3,352,779 shares during the period. Krane Funds Advisors LLC lifted its holdings in shares of KANZHUN by 24.7% in the third quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after buying an additional 3,819,347 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of KANZHUN by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock worth $271,880,000 after acquiring an additional 194,820 shares during the last quarter. Capital International Investors boosted its position in shares of KANZHUN by 22.2% during the fourth quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock worth $200,651,000 after acquiring an additional 1,786,308 shares during the last quarter. Finally, CoreView Capital Management Ltd grew its stake in KANZHUN by 3.3% during the third quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock valued at $220,703,000 after acquiring an additional 298,584 shares in the last quarter. 60.67% of the stock is owned by hedge funds and other institutional investors.
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.
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