Capital International Inc. CA boosted its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) by 5.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,648,591 shares of the company’s stock after purchasing an additional 143,515 shares during the quarter. Capital International Inc. CA’s holdings in KANZHUN were worth $53,978,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Capital International Investors raised its position in KANZHUN by 22.2% in the 4th quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock valued at $200,651,000 after buying an additional 1,786,308 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in KANZHUN in the fourth quarter valued at approximately $1,141,000. Prudential PLC grew its stake in KANZHUN by 28.3% in the fourth quarter. Prudential PLC now owns 558,131 shares of the company’s stock valued at $11,375,000 after purchasing an additional 123,201 shares in the last quarter. CIBC Asset Management Inc bought a new position in KANZHUN in the fourth quarter valued at approximately $202,000. Finally, Norges Bank bought a new position in KANZHUN in the fourth quarter valued at approximately $105,095,000. Institutional investors and hedge funds own 60.67% of the company’s stock.
KANZHUN Trading Down 1.5%
Shares of NASDAQ BZ opened at $14.03 on Friday. KANZHUN LIMITED Sponsored ADR has a 12 month low of $12.85 and a 12 month high of $25.26. The stock has a 50 day moving average of $13.78 and a 200-day moving average of $16.92. The company has a market capitalization of $5.90 billion, a P/E ratio of 13.76 and a beta of 0.49.
Insider Activity at KANZHUN
Analysts Set New Price Targets
BZ has been the subject of a number of analyst reports. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Sanford C. Bernstein raised shares of KANZHUN from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $16.50 to $18.00 in a research report on Friday. Finally, Barclays lowered their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note 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 company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $21.75.
Get Our Latest Research Report on BZ
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.
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