KANZHUN (NASDAQ:BZ) Hits New 1-Year Low - Here's Why

Key Points

• KANZHUN shares hit a new 52-week low of $13.00 (last $13.05) and are trading below their 50‑day ($15.50) and 200‑day ($19.26) moving averages; the stock has a market cap of $5.46B and a P/E of 15.72.
• Several brokers have trimmed their outlooks — Wall Street Zen cut the rating from Buy to Hold and Barclays lowered its price target from $28 to $19 — yet the consensus remains a "Moderate Buy" with a $23 target.
• Insider activity: CEO Peng Jonathan Zhao sold 64,000 shares at about $6.98 (a 10% reduction in his holding); insiders own 5.6% of the stock while institutional investors hold roughly 60.7% after recent stake increases by major funds.

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as $13.00 and last traded at $13.05, with a volume of 2128905 shares. The stock had previously closed at $13.13.

Analyst Ratings Changes

Several brokerages have commented on BZ. Wall Street Zen cut shares of KANZHUN from a "buy" rating to a "hold" rating in a report on Saturday, March 21st. Barclays decreased their price objective on shares of KANZHUN from $28.00 to $19.00 and set an "overweight" rating for the company 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 equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $23.00.

KANZHUN Price Performance

The firm's fifty day moving average is $15.50 and its 200 day moving average is $19.26. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of 15.72 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 company's stock in a transaction on Wednesday, March 18th. The shares were 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.60% of the company's stock.

Institutional Investors Weigh In On KANZHUN

A number of hedge funds and other institutional investors have recently made changes to their positions in BZ. APG Asset Management N.V. raised its position in KANZHUN by 203.1% during the third quarter. APG Asset Management N.V. now owns 196,400 shares of the company's stock valued at $4,588,000 after acquiring an additional 131,600 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in KANZHUN in the third quarter worth approximately $1,571,000. Capital International Investors grew its position in KANZHUN by 70.3% in 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 in the last quarter. Nordea Investment Management AB increased its stake in shares of KANZHUN by 255.5% during the 4th quarter. Nordea Investment Management AB now owns 1,329,223 shares of the company's stock worth $26,930,000 after purchasing an additional 955,304 shares during the last quarter. Finally, Temasek Holdings Private Ltd increased its stake in shares of KANZHUN by 16.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,662,819 shares of the company's stock worth $62,203,000 after purchasing an additional 376,545 shares during the last quarter. 60.67% of the stock is owned by hedge funds and other institutional investors.

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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