Legal & General Group Plc Raises Stake in KANZHUN LIMITED Sponsored ADR $BZ

Legal & General Group Plc boosted its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 8.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,009,254 shares of the company’s stock after buying an additional 158,838 shares during the quarter. Legal & General Group Plc owned approximately 0.48% of KANZHUN worth $40,949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN in the first quarter worth approximately $27,000. Larson Financial Group LLC boosted its stake in KANZHUN by 93.1% in the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after buying an additional 815 shares in the last quarter. Leonteq Securities AG purchased a new stake in KANZHUN in the fourth quarter worth approximately $41,000. Hantz Financial Services Inc. boosted its stake in KANZHUN by 194.1% in the third quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock worth $77,000 after buying an additional 2,170 shares in the last quarter. Finally, TD Private Client Wealth LLC purchased a new stake in KANZHUN in the fourth quarter worth approximately $102,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.

Insider Transactions at KANZHUN

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares in the company, valued at $4,020,480. The trade was a 10.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BZ. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note 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 dropped their price objective on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, KANZHUN currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

KANZHUN Trading Up 0.7%

KANZHUN stock opened at $13.57 on Friday. KANZHUN LIMITED Sponsored ADR has a 1-year low of $12.85 and a 1-year high of $25.26. The firm has a market cap of $5.70 billion, a P/E ratio of 13.30 and a beta of 0.49. The firm has a 50-day moving average of $13.70 and a 200-day moving average of $17.16.

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.