Matthews International Capital Management LLC Cuts Stock Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Key Points

• Matthews International Capital Management cut its stake in KANZHUN by 19.5%, selling 200,402 shares and retaining 829,409 shares (about 0.20% of the company) valued at roughly $16.9 million, making it the firm's 6th-largest holding.
• Meanwhile, several large institutions — including Krane Funds, Capital International, UBS and Schroder — significantly increased their positions, leaving institutional investors with about 60.67% ownership of the stock.
• BZ is trading up (~$13.62, market cap $5.72B, P/E 16.4) and carries a consensus analyst rating of "Moderate Buy" with a consensus target of $23; insiders also sold 64,000 shares, reducing the CEO's stake by 10%.

Matthews International Capital Management LLC lowered its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 19.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 829,409 shares of the company's stock after selling 200,402 shares during the period. KANZHUN accounts for about 5.1% of Matthews International Capital Management LLC's holdings, making the stock its 6th biggest position. Matthews International Capital Management LLC owned approximately 0.20% of KANZHUN worth $16,903,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BZ. Krane Funds Advisors LLC boosted its holdings in KANZHUN by 24.7% in the third quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company's stock worth $413,311,000 after acquiring an additional 3,819,347 shares in the last quarter. Capital International Investors lifted its holdings in shares of KANZHUN by 70.3% in 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. Assenagon Asset Management S.A. bought a new position in shares of KANZHUN in the fourth quarter valued at approximately $62,692,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of KANZHUN by 362.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,706,948 shares of the company's stock valued at $86,594,000 after purchasing an additional 2,904,542 shares in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of KANZHUN by 15.5% in the third quarter. Schroder Investment Management Group now owns 21,081,099 shares of the company's stock valued at $494,141,000 after purchasing an additional 2,822,778 shares in the last quarter. Institutional investors own 60.67% of the company's stock.

KANZHUN Trading Up 2.1%

Shares of BZ opened at $13.62 on Friday. The company has a market capitalization of $5.72 billion, a price-to-earnings ratio of 16.40 and a beta of 0.52. The stock has a 50 day moving average of $14.54 and a 200 day moving average of $18.52. KANZHUN LIMITED Sponsored ADR has a 12 month low of $12.85 and a 12 month high of $25.26.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on BZ shares. Weiss Ratings restated a "hold (c+)" rating on shares of KANZHUN in a report on Monday, December 29th. Wall Street Zen lowered KANZHUN from a "buy" rating to a "hold" rating in a report on Saturday, March 21st. Zacks Research lowered KANZHUN from a "hold" rating to a "strong sell" rating in a report on Tuesday. Finally, Barclays dropped their target price on KANZHUN from $28.00 to $19.00 and set an "overweight" rating on the stock in a report on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $23.00.

Insider Activity at KANZHUN

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the completion of the sale, the chief executive officer directly owned 576,000 shares of the company's stock, valued at approximately $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 SEC, which can be accessed through this link. Insiders own 5.60% of the company's stock.

About KANZHUN

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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