KANZHUN LIMITED Sponsored ADR $BZ Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA raised its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 61.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,094,415 shares of the company’s stock after acquiring an additional 417,714 shares during the period. Massachusetts Financial Services Co. MA’s holdings in KANZHUN were worth $22,304,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Aberdeen Group plc boosted its stake in KANZHUN by 0.9% in the fourth quarter. Aberdeen Group plc now owns 331,329 shares of the company’s stock valued at $6,752,000 after acquiring an additional 2,861 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in KANZHUN by 2.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,250,611 shares of the company’s stock valued at $47,060,000 after acquiring an additional 60,729 shares in the last quarter. SG Americas Securities LLC boosted its stake in KANZHUN by 88.4% in the fourth quarter. SG Americas Securities LLC now owns 456,192 shares of the company’s stock valued at $9,297,000 after acquiring an additional 214,109 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in KANZHUN in the fourth quarter valued at approximately $62,692,000. Finally, Nordea Investment Management AB lifted its stake in shares of KANZHUN by 255.5% during the fourth quarter. Nordea Investment Management AB now owns 1,329,223 shares of the company’s stock worth $26,930,000 after buying an additional 955,304 shares during the period. 60.67% of the stock is currently owned by institutional investors and hedge funds.

KANZHUN Trading Up 5.4%

NASDAQ:BZ opened at $14.23 on Thursday. KANZHUN LIMITED Sponsored ADR has a 12 month low of $12.85 and a 12 month high of $25.26. The firm has a fifty day simple moving average of $15.11 and a 200-day simple moving average of $18.95. The company has a market capitalization of $5.98 billion, a P/E ratio of 17.14 and a beta of 0.52.

Insider Activity at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of KANZHUN stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total transaction of $446,720.00. Following the completion of the sale, the chief executive officer directly owned 576,000 shares in the company, valued at approximately $4,020,480. The trade was a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 5.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Barclays lowered their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research note on Friday, March 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.00.

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.