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Capital International Investors Acquires 3,326,548 Shares of KANZHUN LIMITED Sponsored ADR $BZ

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Key Points

  • Capital International Investors raised its stake in KANZHUN (NASDAQ: BZ) by 70.3%, buying 3,326,548 shares to hold 8,059,160 shares (about 1.95% of the company) worth roughly $188.3 million per its latest SEC filing.
  • Analyst sentiment is generally positive: Barclays gave an "overweight" and lifted its price target to $28, and MarketBeat shows a consensus rating of "Moderate Buy" with an average price target near $26.00.
  • KANZHUN opened down 4.3% at $14.38, has a $6.01 billion market cap and a 1‑year range of $13.28–$25.26, and roughly 60.67% of the stock is owned by institutional investors.
  • Interested in KANZHUN? Here are five stocks we like better.

Capital International Investors raised its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 70.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,059,160 shares of the company's stock after buying an additional 3,326,548 shares during the quarter. Capital International Investors owned 1.95% of KANZHUN worth $188,262,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of KANZHUN during the 1st quarter worth approximately $27,000. First Horizon Corp bought a new position in KANZHUN during the third quarter worth $30,000. PNC Financial Services Group Inc. grew its holdings in KANZHUN by 39.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company's stock worth $75,000 after purchasing an additional 1,185 shares during the period. Hantz Financial Services Inc. increased its stake in KANZHUN by 194.1% in the third quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company's stock valued at $77,000 after purchasing an additional 2,170 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of KANZHUN by 52.5% during the second quarter. Osaic Holdings Inc. now owns 5,203 shares of the company's stock valued at $93,000 after purchasing an additional 1,792 shares during the period. 60.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BZ has been the subject of several research reports. Wall Street Zen upgraded KANZHUN from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Barclays increased their price target on KANZHUN from $25.00 to $28.00 and gave the stock an "overweight" rating in a report on Wednesday, November 19th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, KANZHUN has an average rating of "Moderate Buy" and a consensus price target of $26.00.

Get Our Latest Analysis on BZ

KANZHUN Trading Down 4.3%

KANZHUN stock opened at $14.38 on Thursday. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of 18.92 and a beta of 0.45. The firm's fifty day moving average price is $17.98 and its two-hundred day moving average price is $20.75. KANZHUN LIMITED Sponsored ADR has a 1-year low of $13.28 and a 1-year high of $25.26.

KANZHUN Company Profile

(Free Report)

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.

See Also

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).

Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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