KANZHUN LIMITED Sponsored ADR $BZ Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC reduced its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 6.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,682,701 shares of the company’s stock after selling 110,960 shares during the period. Hsbc Holdings PLC’s holdings in KANZHUN were worth $34,245,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Schroder Investment Management Group grew its position in KANZHUN by 15.9% in the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after buying an additional 3,352,779 shares in the last quarter. Vanguard Group Inc. raised its position in shares of KANZHUN by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock worth $271,880,000 after buying an additional 194,820 shares in the last quarter. Capital International Investors lifted its stake in shares of KANZHUN by 22.2% in the 4th 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 period. CoreView Capital Management Ltd lifted its stake in shares of KANZHUN by 3.3% in the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock worth $220,703,000 after acquiring an additional 298,584 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of KANZHUN by 14.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,416,759 shares of the company’s stock valued at $191,915,000 after acquiring an additional 1,213,240 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BZ shares. Sanford C. Bernstein upgraded shares of 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 note on Friday, June 5th. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Barclays lowered their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.75.

KANZHUN Trading Up 5.2%

Shares of NASDAQ BZ opened at $13.67 on Tuesday. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.57 and a twelve month high of $25.26. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 14.77 and a beta of 0.50. The firm has a 50-day moving average of $13.71 and a two-hundred day moving average of $15.75.

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.