Zurcher Kantonalbank Zurich Cantonalbank Boosts Stock Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Key Points

• Zurcher Kantonalbank boosted its stake in KANZHUN (NASDAQ:BZ) by 217% in Q4, buying 196,332 shares to own 286,787 shares worth about $5.85 million (roughly 0.07% of the company).
• CEO Peng Jonathan Zhao sold 64,000 shares on March 18 at an average $6.98, cutting his ownership by 10% to 576,000 shares; insiders now hold about 5.6% of the stock.
• Analysts are mixed but biased positive with a "Moderate Buy" consensus and a $23 average price target, even as Barclays trimmed its target from $28 to $19 while maintaining an "overweight" rating.

Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Free Report) by 217.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 286,787 shares of the company's stock after buying an additional 196,332 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.07% of KANZHUN worth $5,845,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Cerity Partners LLC boosted its holdings in shares of KANZHUN by 2.5% during the second quarter. Cerity Partners LLC now owns 22,291 shares of the company's stock worth $398,000 after purchasing an additional 549 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of KANZHUN by 0.6% during the third quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company's stock worth $2,467,000 after purchasing an additional 600 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of KANZHUN by 0.5% during the third quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company's stock worth $4,373,000 after purchasing an additional 861 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of KANZHUN by 25.6% during the third quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company's stock worth $124,000 after purchasing an additional 1,079 shares during the period. Finally, First Horizon Corp purchased a new stake in shares of KANZHUN during the third quarter worth about $30,000. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at KANZHUN

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 576,000 shares of the company's stock, valued at $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

KANZHUN Price Performance

BZ stock opened at $13.62 on Friday. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.85 and a 1 year high of $25.26. The company has a market cap of $5.72 billion, a P/E ratio of 16.40 and a beta of 0.52. The firm has a 50-day moving average of $14.54 and a 200 day moving average of $18.52.

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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