KANZHUN LIMITED Sponsored ADR $BZ Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 88.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 456,192 shares of the company’s stock after acquiring an additional 214,109 shares during the period. SG Americas Securities LLC’s holdings in KANZHUN were worth $9,297,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BZ. Schroder Investment Management Group raised its position in KANZHUN by 15.5% during the third quarter. Schroder Investment Management Group now owns 21,081,099 shares of the company’s stock worth $494,141,000 after acquiring an additional 2,822,778 shares during the period. Krane Funds Advisors LLC grew its position 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 valued at $413,311,000 after purchasing an additional 3,819,347 shares during the period. CoreView Capital Management Ltd grew its position in shares of KANZHUN by 3.3% in the third quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock valued at $220,703,000 after purchasing an additional 298,584 shares during the period. Capital International Investors increased its stake in shares of KANZHUN by 70.3% during the third quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock worth $188,262,000 after purchasing an additional 3,326,548 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of KANZHUN during the 2nd quarter worth about $123,984,000. Institutional investors and hedge funds own 60.67% of the company’s stock.

KANZHUN Stock Performance

Shares of KANZHUN stock opened at $13.13 on Monday. KANZHUN LIMITED Sponsored ADR has a one year low of $13.04 and a one year high of $25.26. The company has a market cap of $5.49 billion, a price-to-earnings ratio of 15.82 and a beta of 0.45. The business’s 50 day moving average price is $16.52 and its 200 day moving average price is $19.89.

Insider Activity

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 576,000 shares of the company’s stock, valued at $4,020,480. This trade represents a 10.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Analysts Set New Price Targets

BZ has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Barclays reduced their target price on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $23.00.

View Our Latest Research Report on BZ

About KANZHUN

(Free Report)

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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Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report).

Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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