Ashoka WhiteOak Capital Pte Ltd Sells 47,120 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Ashoka WhiteOak Capital Pte Ltd reduced its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 41.0% during the first quarter, Holdings Channel.com reports. The firm owned 67,900 shares of the company’s stock after selling 47,120 shares during the period. KANZHUN accounts for about 0.3% of Ashoka WhiteOak Capital Pte Ltd’s portfolio, making the stock its 18th largest position. Ashoka WhiteOak Capital Pte Ltd’s holdings in KANZHUN were worth $906,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN in the first quarter worth $27,000. Kestra Advisory Services LLC bought a new stake in shares of KANZHUN during the 4th quarter valued at $29,000. Larson Financial Group LLC grew its position in shares of KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after buying an additional 815 shares during the period. Leonteq Securities AG purchased a new position in KANZHUN during the 4th quarter valued at about $41,000. Finally, Smartleaf Asset Management LLC purchased a new position in KANZHUN during the 4th quarter valued at about $53,000. Institutional investors own 60.67% of the company’s stock.

KANZHUN Price Performance

Shares of NASDAQ BZ opened at $13.14 on Thursday. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.85 and a twelve month high of $25.26. The firm has a market cap of $5.52 billion, a P/E ratio of 12.88 and a beta of 0.49. The company has a 50 day moving average of $13.83 and a 200 day moving average of $16.18.

Analyst Ratings Changes

BZ has been the topic of a number of recent research reports. Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Barclays cut their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. Sanford C. Bernstein raised KANZHUN from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $16.50 to $18.00 in a research report on Friday, June 5th. Finally, Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, KANZHUN currently has an average rating of “Moderate Buy” and a consensus target price of $21.75.

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.