Capital International Inc. CA increased its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 116.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,505,076 shares of the company's stock after acquiring an additional 1,347,886 shares during the period. Capital International Inc. CA owned approximately 0.61% of KANZHUN worth $58,519,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cerity Partners LLC increased its stake in shares of KANZHUN by 2.5% during the 2nd quarter. Cerity Partners LLC now owns 22,291 shares of the company's stock worth $398,000 after purchasing an additional 549 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in KANZHUN by 0.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company's stock valued at $2,467,000 after buying an additional 600 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of KANZHUN by 0.5% in the third quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company's stock worth $4,373,000 after acquiring an additional 861 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of KANZHUN by 25.6% in the third quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company's stock valued at $124,000 after acquiring an additional 1,079 shares in the last quarter. Finally, First Horizon Corp purchased a new stake in KANZHUN during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 60.67% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on BZ shares. Weiss Ratings restated a "hold (c+)" rating on shares of KANZHUN in a report on Monday, December 29th. Zacks Research lowered shares of KANZHUN from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 10th. Barclays boosted their price target on KANZHUN from $25.00 to $28.00 and gave the company an "overweight" rating in a report on Wednesday, November 19th. Finally, Wall Street Zen upgraded KANZHUN from a "hold" rating to a "buy" rating in a research note on Saturday. One equities 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 company. According to MarketBeat.com, KANZHUN has a consensus rating of "Moderate Buy" and an average target price of $24.00.
Check Out Our Latest Analysis on KANZHUN
KANZHUN Stock Down 0.5%
NASDAQ:BZ opened at $15.07 on Tuesday. The firm's 50 day moving average is $18.21 and its two-hundred day moving average is $20.85. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $13.28 and a fifty-two week high of $25.26. The company has a market cap of $6.30 billion, a P/E ratio of 19.83 and a beta of 0.45.
KANZHUN 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).

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