Bank of America Corp DE Grows Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Key Points

• Bank of America increased its KANZHUN holdings by 38.5% in the first quarter, adding 1.69 million shares to own 6.08 million shares worth approximately $81.5 million, or 1.45% of the company.
• Institutional ownership remains substantial, with hedge funds and other institutional investors holding 60.67% of KANZHUN’s stock; several other investment firms also expanded their positions.
• Analyst sentiment is generally positive: five analysts rate the stock a Buy and two rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $21.75 versus its recent $16.47 price.

Bank of America Corp DE increased its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 38.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,083,025 shares of the company's stock after acquiring an additional 1,690,275 shares during the quarter. Bank of America Corp DE owned about 1.45% of KANZHUN worth $81,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. Cerity Partners LLC grew its holdings in KANZHUN by 2.5% in the second quarter. Cerity Partners LLC now owns 22,291 shares of the company's stock worth $398,000 after purchasing an additional 549 shares during the period. Larson Financial Group LLC grew its position in KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company's stock valued at $34,000 after purchasing an additional 815 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in shares of KANZHUN by 7.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company's stock valued at $290,000 after buying an additional 958 shares during the last quarter. Genus Capital Management Inc. boosted its stake in KANZHUN by 7.1% during the 4th quarter. Genus Capital Management Inc. now owns 15,000 shares of the company's stock valued at $306,000 after purchasing an additional 1,000 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of KANZHUN by 82.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,917 shares of the company's stock valued at $68,000 after buying an additional 1,317 shares during the last quarter. 60.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Weiss Ratings raised shares of KANZHUN from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday. Zacks Research raised shares of KANZHUN from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein upgraded shares of KANZHUN from a "market perform" rating to an "outperform" rating and boosted their target price for the company from $16.50 to $18.00 in a research note on Friday, June 5th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, KANZHUN has an average rating of "Moderate Buy" and a consensus price target of $21.75.

KANZHUN Price Performance

NASDAQ BZ opened at $16.47 on Monday. The company has a 50-day moving average price of $14.42 and a 200-day moving average price of $14.92. KANZHUN LIMITED Sponsored ADR has a 52 week low of $12.57 and a 52 week high of $25.26. The firm has a market capitalization of $6.76 billion, a P/E ratio of 16.15 and a beta of 0.48.

KANZHUN Company 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.

Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report).

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