Nordea Investment Management AB Acquires 46,148 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Nordea Investment Management AB boosted its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 14.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 373,919 shares of the company’s stock after buying an additional 46,148 shares during the quarter. Nordea Investment Management AB’s holdings in KANZHUN were worth $8,679,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Norges Bank bought a new stake in shares of KANZHUN in the second quarter worth approximately $123,984,000. Arrowstreet Capital Limited Partnership grew its position in KANZHUN by 299.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,399,712 shares of the company’s stock worth $78,491,000 after purchasing an additional 3,298,187 shares during the period. Serenity Capital Management PTE. LTD. raised its stake in KANZHUN by 236.2% during the 2nd quarter. Serenity Capital Management PTE. LTD. now owns 4,035,348 shares of the company’s stock valued at $71,991,000 after buying an additional 2,835,149 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of KANZHUN by 119.1% during the 2nd quarter. Acadian Asset Management LLC now owns 5,160,051 shares of the company’s stock valued at $92,021,000 after buying an additional 2,804,557 shares during the period. Finally, Schroder Investment Management Group boosted its stake in shares of KANZHUN by 15.8% in the 2nd quarter. Schroder Investment Management Group now owns 18,258,321 shares of the company’s stock worth $325,728,000 after buying an additional 2,486,499 shares during the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on BZ shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Wall Street Zen lowered shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday. Barclays raised their price objective on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. Zacks Research lowered shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of KANZHUN in a research report on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, KANZHUN has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

KANZHUN Price Performance

BZ opened at $19.27 on Friday. The company has a 50 day simple moving average of $20.73 and a two-hundred day simple moving average of $21.38. The firm has a market cap of $8.02 billion, a P/E ratio of 25.36 and a beta of 0.43. KANZHUN LIMITED Sponsored ADR has a 1-year low of $13.28 and a 1-year high of $25.26.

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.