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KANZHUN LIMITED Sponsored ADR $BZ Shares Bought by Robeco Institutional Asset Management B.V.

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Key Points

  • Robeco Institutional Asset Management B.V. boosted its Q4 position in KANZHUN (NASDAQ:BZ) by 70.6% to 5,591,441 shares—about $113.95 million and roughly 1.34% ownership.
  • CEO Peng Jonathan Zhao sold 64,000 shares on March 18 at an average $6.98 for $446,720, cutting his holding by 10% to 576,000 shares (insiders hold 5.6%).
  • Institutional investors own 60.67% of the stock; KANZHUN has a $5.46 billion market cap and a P/E of 15.72, with an average analyst rating of "Moderate Buy" and an average price target of $23 amid recent downgrades.
  • Five stocks to consider instead of KANZHUN.

Robeco Institutional Asset Management B.V. grew its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 70.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,591,441 shares of the company's stock after purchasing an additional 2,313,922 shares during the period. Robeco Institutional Asset Management B.V. owned 1.34% of KANZHUN worth $113,954,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Massachusetts Financial Services Co. MA boosted its stake in shares of KANZHUN by 61.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,094,415 shares of the company's stock worth $22,304,000 after purchasing an additional 417,714 shares during the last quarter. Aberdeen Group plc boosted its position in shares of KANZHUN by 0.9% in the fourth quarter. Aberdeen Group plc now owns 331,329 shares of the company's stock worth $6,752,000 after acquiring an additional 2,861 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of KANZHUN by 2.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,250,611 shares of the company's stock worth $47,060,000 after acquiring an additional 60,729 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of KANZHUN by 88.4% in the fourth quarter. SG Americas Securities LLC now owns 456,192 shares of the company's stock worth $9,297,000 after acquiring an additional 214,109 shares during the last quarter. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of KANZHUN in the fourth quarter worth approximately $62,692,000. 60.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares in the company, valued at approximately $4,020,480. This trade represents 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.

KANZHUN Stock Performance

NASDAQ BZ opened at $13.05 on Monday. KANZHUN LIMITED Sponsored ADR has a one year low of $13.00 and a one year high of $25.26. The company's 50 day moving average price is $15.39 and its 200 day moving average price is $19.13. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of 15.72 and a beta of 0.52.

Analyst Upgrades and Downgrades

BZ has been the topic of several research analyst reports. Weiss Ratings reissued a "hold (c+)" rating on shares of KANZHUN in a research report on Monday, December 29th. Barclays decreased their target price on shares of KANZHUN from $28.00 to $19.00 and set an "overweight" rating on the stock in a research report on Friday, March 20th. Finally, Wall Street Zen cut shares of KANZHUN from a "buy" rating to a "hold" rating in a research report on Saturday, March 21st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, KANZHUN currently has an average rating of "Moderate Buy" and an average price target of $23.00.

Get Our Latest Stock Analysis on KANZHUN

About KANZHUN

(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.

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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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