Swiss National Bank Sells 87,300 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Key Points

• Swiss National Bank cut its KANZHUN stake by 10.7% in the first quarter, selling 87,300 shares and retaining 727,766 shares worth approximately $9.75 million.
• Institutional investors own 60.67% of KANZHUN, while the stock recently traded at $15.42, with a one-year range of $12.57 to $25.26.
• Analysts maintain a “Moderate Buy” consensus with a $21.75 average price target; Sanford C. Bernstein upgraded the stock to “outperform” and raised its target to $18.00.

Swiss National Bank reduced its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 10.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 727,766 shares of the company's stock after selling 87,300 shares during the quarter. Swiss National Bank owned about 0.17% of KANZHUN worth $9,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in shares of KANZHUN in the fourth quarter worth $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in KANZHUN during the first quarter valued at $27,000. Larson Financial Group LLC grew its stake in KANZHUN by 93.1% during the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company's stock valued at $34,000 after acquiring an additional 815 shares in the last quarter. Leonteq Securities AG bought a new stake in KANZHUN in the 4th quarter valued at $41,000. Finally, Smartleaf Asset Management LLC bought a new stake in KANZHUN in the 4th quarter valued at $53,000. Institutional investors own 60.67% of the company's stock.

KANZHUN Stock Performance

NASDAQ BZ opened at $15.42 on Monday. The company has a market capitalization of $6.32 billion, a P/E ratio of 15.12 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a one year low of $12.57 and a one year high of $25.26. The stock has a 50 day moving average price of $13.93 and a 200-day moving average price of $15.15.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of KANZHUN in a research note on Wednesday, July 15th. Zacks Research upgraded KANZHUN from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein raised KANZHUN from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.75.

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.

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