California Public Employees Retirement System Buys 318,095 Shares of KANZHUN LIMITED Sponsored ADR $BZ

California Public Employees Retirement System boosted its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 39.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,127,835 shares of the company’s stock after purchasing an additional 318,095 shares during the quarter. California Public Employees Retirement System’s holdings in KANZHUN were worth $15,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of KANZHUN in the 1st quarter worth $27,000. Kestra Advisory Services LLC purchased a new stake in shares of KANZHUN during the 4th quarter valued at $29,000. Larson Financial Group LLC lifted its holdings in shares of 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 shares of KANZHUN during the 4th quarter worth $41,000. Finally, Smartleaf Asset Management LLC purchased a new position in KANZHUN in the fourth quarter worth $53,000. 60.67% of the stock is currently owned by institutional investors.

KANZHUN Price Performance

Shares of NASDAQ BZ opened at $15.25 on Friday. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.57 and a 1 year high of $25.26. The company’s 50-day moving average is $13.90 and its 200 day moving average is $15.19. The stock has a market capitalization of $6.25 billion, a P/E ratio of 14.95 and a beta of 0.50.

Analyst Upgrades and Downgrades

BZ has been the topic of a number of recent research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of KANZHUN in a research report on Wednesday, July 15th. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $16.50 to $18.00 in a report on Friday, June 5th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, KANZHUN currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.75.

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.