Massachusetts Financial Services Co. MA Raises Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

Key Points

• Massachusetts Financial Services Co. increased its stake in KANZHUN by 61.7% in Q4 to 1,094,415 shares (about $22.3M), representing roughly 0.26% of the company.
• Institutional ownership is heavy—about 60.7% held by hedge funds and other institutions—with large positions added by firms like Capital International (≈8.06M shares, ~$188M) and Nordea.
• Insider and analyst moves: CEO Peng Jonathan Zhao sold 64,000 shares (a 10% reduction in his holding) on March 18, while analysts maintain a consensus "Moderate Buy" rating with an average target of $23 despite Barclays cutting its target from $28 to $19.

Massachusetts Financial Services Co. MA lifted its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 61.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,094,415 shares of the company's stock after acquiring an additional 417,714 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.26% of KANZHUN worth $22,304,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. APG Asset Management N.V. increased its position in shares of KANZHUN by 203.1% during the third quarter. APG Asset Management N.V. now owns 196,400 shares of the company's stock worth $4,588,000 after acquiring an additional 131,600 shares during the period. Rakuten Investment Management Inc. bought a new position in shares of KANZHUN during the third quarter valued at approximately $1,571,000. Capital International Investors boosted its stake in shares of KANZHUN by 70.3% during the third quarter. Capital International Investors now owns 8,059,160 shares of the company's stock valued at $188,262,000 after purchasing an additional 3,326,548 shares in the last quarter. Temasek Holdings Private Ltd boosted its stake in shares of KANZHUN by 16.5% during the third quarter. Temasek Holdings Private Ltd now owns 2,662,819 shares of the company's stock valued at $62,203,000 after purchasing an additional 376,545 shares in the last quarter. Finally, Nordea Investment Management AB boosted its stake in shares of KANZHUN by 255.5% during the fourth quarter. Nordea Investment Management AB now owns 1,329,223 shares of the company's stock valued at $26,930,000 after purchasing an additional 955,304 shares in the last quarter. 60.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Barclays dropped 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. Weiss Ratings reiterated a "hold (c+)" rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded shares of KANZHUN from a "buy" rating to a "hold" rating in a research note on Saturday, March 21st. One 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 company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $23.00.

Insiders Place Their Bets

In other KANZHUN 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 completion of the sale, the chief executive officer directly owned 576,000 shares in the company, valued at $4,020,480. This trade represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.60% of the stock is currently owned by company insiders.

KANZHUN Stock Performance

NASDAQ BZ opened at $14.23 on Thursday. The firm's 50 day moving average price is $15.11 and its 200-day moving average price is $18.95. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.85 and a 52-week high of $25.26. The company has a market cap of $5.98 billion, a PE ratio of 17.14 and a beta of 0.52.

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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