Oasis Management Co Ltd. bought a new position in Kanzhun Limited (NASDAQ:BZ - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 68,039 shares of the company's stock, valued at approximately $939,000.
A number of other hedge funds also recently bought and sold shares of BZ. Quadrant Capital Group LLC raised its holdings in shares of Kanzhun by 403.1% during the fourth quarter. Quadrant Capital Group LLC now owns 1,781 shares of the company's stock valued at $25,000 after acquiring an additional 1,427 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Kanzhun by 107.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,976 shares of the company's stock valued at $41,000 after acquiring an additional 1,542 shares in the last quarter. China Universal Asset Management Co. Ltd. bought a new position in shares of Kanzhun during the fourth quarter valued at approximately $63,000. Townsquare Capital LLC bought a new position in shares of Kanzhun during the fourth quarter valued at approximately $157,000. Finally, Tudor Investment Corp ET AL bought a new position in shares of Kanzhun during the fourth quarter valued at approximately $160,000. Institutional investors own 60.67% of the company's stock.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Sanford C. Bernstein reiterated a "market perform" rating and issued a $18.00 price objective on shares of Kanzhun in a report on Wednesday, March 12th. Barclays increased their price objective on Kanzhun from $16.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday, March 13th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.71.
Check Out Our Latest Report on BZ
Kanzhun Stock Up 0.8%
Shares of NASDAQ:BZ traded up $0.15 on Friday, hitting $18.25. 1,609,246 shares of the company traded hands, compared to its average volume of 4,561,449. Kanzhun Limited has a 52 week low of $10.57 and a 52 week high of $22.74. The stock has a 50 day simple moving average of $16.84 and a 200-day simple moving average of $15.35. The company has a market cap of $7.10 billion, a PE ratio of 40.56 and a beta of 0.35.
Kanzhun Company Profile
(
Free Report)
Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.
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