SG Americas Securities LLC Boosts Stake in KANZHUN LIMITED Sponsored ADR $BZ

SG Americas Securities LLC increased its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 24.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 567,920 shares of the company’s stock after acquiring an additional 111,728 shares during the period. SG Americas Securities LLC owned approximately 0.14% of KANZHUN worth $7,604,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC acquired a new position in KANZHUN in the 1st quarter worth about $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in KANZHUN in the first quarter valued at approximately $27,000. Millennium Management LLC grew its holdings in KANZHUN by 85.3% in the first quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after purchasing an additional 433,705 shares during the period. American Century Companies Inc. increased its position in shares of KANZHUN by 3.1% in the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after buying an additional 2,096 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of KANZHUN by 315.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock worth $104,000 after buying an additional 4,442 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

KANZHUN Price Performance

NASDAQ BZ opened at $13.29 on Friday. The stock’s 50 day simple moving average is $13.80 and its 200-day simple moving average is $16.09. The company has a market cap of $5.58 billion, a PE ratio of 13.02 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a 1-year low of $12.57 and a 1-year high of $25.26.

Analyst Upgrades and Downgrades

BZ has been the topic of a number of recent analyst reports. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $16.50 to $18.00 in a research report on Friday, June 5th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Barclays dropped their target price on shares of 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 assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.75.

KANZHUN 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.