Nordea Investment Management AB Raises Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

Key Points

• Nordea Investment Management AB raised its stake in KANZHUN by 255.5% in Q4 to 1,329,223 shares, worth about $26.93 million.
• Institutional investors now own 60.67% of the stock, with major holders increasing positions—Schroder (21.08M shares), Krane Funds (19.29M), JPMorgan (9.46M) and Capital International (8.06M).
• Shares opened at $13.26 and trade below the 50‑day ($16.88) and 200‑day ($20.12) moving averages; the company has a $5.55B market cap and an average analyst rating of "Moderate Buy" with a consensus price target of $23.

Nordea Investment Management AB boosted its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 255.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,329,223 shares of the company's stock after acquiring an additional 955,304 shares during the period. Nordea Investment Management AB owned 0.32% of KANZHUN worth $26,930,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of BZ. Schroder Investment Management Group grew its holdings in KANZHUN by 15.5% in the third quarter. Schroder Investment Management Group now owns 21,081,099 shares of the company's stock worth $494,141,000 after purchasing an additional 2,822,778 shares during the last quarter. Krane Funds Advisors LLC lifted its holdings in shares of KANZHUN by 24.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company's stock valued at $413,311,000 after purchasing an additional 3,819,347 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of KANZHUN by 9.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,455,233 shares of the company's stock worth $168,681,000 after purchasing an additional 801,373 shares in the last quarter. CoreView Capital Management Ltd grew its stake in KANZHUN by 3.3% during the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company's stock worth $220,703,000 after buying an additional 298,584 shares during the last quarter. Finally, Capital International Investors grew its stake in KANZHUN by 70.3% during the 3rd quarter. Capital International Investors now owns 8,059,160 shares of the company's stock worth $188,262,000 after buying an additional 3,326,548 shares during the last quarter. 60.67% of the stock is currently owned by institutional investors and hedge funds.

KANZHUN Price Performance

Shares of BZ opened at $13.26 on Wednesday. The company's fifty day moving average price is $16.88 and its 200-day moving average price is $20.12. KANZHUN LIMITED Sponsored ADR has a 1-year low of $13.06 and a 1-year high of $25.26. The firm has a market capitalization of $5.55 billion, a PE ratio of 15.98 and a beta of 0.45.

Insider Buying and Selling

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the business's stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the sale, the chief executive officer owned 576,000 shares in the company, valued at approximately $4,020,480. The trade was a 10.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Analysts Set New Price Targets

A number of equities research analysts have commented on BZ shares. Wall Street Zen cut KANZHUN from a "buy" rating to a "hold" rating in a research note on Saturday. Barclays dropped their price target on KANZHUN from $28.00 to $19.00 and set an "overweight" rating on the stock in a research note on Friday, March 20th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of KANZHUN in a report on Monday, December 29th. One investment 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $23.00.

KANZHUN 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.

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