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KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Given Consensus Recommendation of "Moderate Buy" by Brokerages

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Key Points

  • Seven brokerages assign KANZHUN a consensus rating of Moderate Buy (1 sell, 1 hold, 4 buy, 1 strong buy) with an average 12‑month price target of $23.00.
  • CEO Peng Jonathan Zhao sold 64,000 shares on March 18 at an average price of $6.98, reducing his stake by about 10%; corporate insiders hold 5.6% of the stock.
  • Shares opened at $13.62, trade below the 200‑day moving average ($18.48), and the company has a market cap of $5.72 billion and a P/E of 16.4 (1‑year range: $12.85–$25.26).
  • MarketBeat previews the top five stocks to own by May 1st.

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $23.00.

BZ has been the subject of a number of research analyst reports. Wall Street Zen cut KANZHUN from a "buy" rating to a "hold" rating in a research note on Saturday, March 21st. Zacks Research lowered KANZHUN from a "hold" rating to a "strong sell" rating in a report on Tuesday, April 21st. Barclays cut their price objective on KANZHUN from $28.00 to $19.00 and set an "overweight" rating on the stock in a report on Friday, March 20th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of KANZHUN in a report on Monday, December 29th.

Get Our Latest Stock Analysis on BZ

KANZHUN Stock Performance

KANZHUN stock opened at $13.62 on Friday. The stock has a 50-day moving average of $14.54 and a two-hundred day moving average of $18.48. KANZHUN has a one year low of $12.85 and a one year high of $25.26. The stock has a market cap of $5.72 billion, a PE ratio of 16.40 and a beta of 0.52.

Insider Buying and Selling at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer directly owned 576,000 shares of the company's stock, valued at approximately $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 5.60% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. APG Asset Management N.V. increased its holdings in shares of KANZHUN by 203.1% in the third quarter. APG Asset Management N.V. now owns 196,400 shares of the company's stock valued at $4,588,000 after purchasing an additional 131,600 shares during the period. Rakuten Investment Management Inc. acquired a new stake in KANZHUN during the third quarter worth about $1,571,000. Capital International Investors grew its holdings in KANZHUN by 70.3% during the third quarter. Capital International Investors now owns 8,059,160 shares of the company's stock worth $188,262,000 after acquiring an additional 3,326,548 shares during the period. Nordea Investment Management AB grew its holdings in KANZHUN by 255.5% during the fourth quarter. Nordea Investment Management AB now owns 1,329,223 shares of the company's stock worth $26,930,000 after acquiring an additional 955,304 shares during the period. Finally, Temasek Holdings Private Ltd grew its holdings in KANZHUN by 16.5% during the third quarter. Temasek Holdings Private Ltd now owns 2,662,819 shares of the company's stock worth $62,203,000 after acquiring an additional 376,545 shares during the period. 60.67% of the stock is owned by institutional investors and hedge funds.

About KANZHUN

(Get Free Report)

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.

See Also

Analyst Recommendations for KANZHUN (NASDAQ:BZ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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