KANZHUN (NASDAQ:BZ) CMO Xu Chen Sells 400,000 Shares

Key Points

• CMO Xu Chen sold 400,000 KANZHUN shares at an average price of $8.50, generating $3.4 million. The transaction reduced Chen’s ownership by 72.29%, leaving 153,340 shares.
• KANZHUN’s stock traded at $16.07, with a market capitalization of $6.59 billion. The company recently reported quarterly revenue of $353.05 million and earnings of $0.33 per share.
• Analysts maintain a cautiously positive outlook, with a “Moderate Buy” consensus and an average price target of $19.33; institutional investors own 60.67% of the company.

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report) CMO Xu Chen sold 400,000 shares of the firm's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $8.50, for a total value of $3,400,000.00. Following the sale, the chief marketing officer owned 153,340 shares in the company, valued at $1,303,390. This trade represents a 72.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

KANZHUN Price Performance

BZ stock traded down $0.55 during mid-day trading on Wednesday, reaching $16.07. 7,974,462 shares of the company's stock were exchanged, compared to its average volume of 4,313,235. KANZHUN LIMITED Sponsored ADR has a 12-month low of $12.57 and a 12-month high of $25.26. The stock's 50 day moving average is $15.77 and its 200 day moving average is $14.67. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of 1.81 and a beta of 0.48.

KANZHUN (NASDAQ:BZ - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.33 EPS for the quarter. KANZHUN had a return on equity of 15.03% and a net margin of 53.16%.The business had revenue of $353.05 million during the quarter. On average, research analysts forecast that KANZHUN LIMITED Sponsored ADR will post 1 earnings per share for the current fiscal year.

KANZHUN Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Monday, September 28th will be issued a dividend of $0.51 per share. This represents a yield of 313.0%. The ex-dividend date of this dividend is Monday, September 28th. KANZHUN's dividend payout ratio (DPR) is presently 35.92%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BZ shares. Zacks Research upgraded shares of KANZHUN from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 20th. Barclays lifted their price objective on KANZHUN from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Thursday, August 27th. Weiss Ratings upgraded KANZHUN from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 5th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $19.00 target price on shares of KANZHUN in a research note on Wednesday, August 26th. Finally, Bank of America initiated coverage on shares of KANZHUN in a report on Tuesday, August 18th. They set a "neutral" rating and a $19.00 target price for the company. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $19.33.

Institutional Investors Weigh In On KANZHUN

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cerity Partners LLC boosted its stake in 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 buying an additional 549 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company's stock worth $34,000 after acquiring an additional 815 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its holdings in shares of KANZHUN by 7.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company's stock worth $290,000 after acquiring an additional 958 shares during the period. Genus Capital Management Inc. raised its holdings in shares of KANZHUN by 7.1% during the 4th quarter. Genus Capital Management Inc. now owns 15,000 shares of the company's stock worth $306,000 after acquiring an additional 1,000 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of KANZHUN by 82.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,917 shares of the company's stock valued at $68,000 after acquiring an additional 1,317 shares during the last quarter. Institutional investors and hedge funds own 60.67% of the company's stock.

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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