KANZHUN LIMITED Sponsored ADR $BZ Shares Bought by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lifted its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 32.6% during the third quarter, Holdings Channel reports. The firm owned 300,479 shares of the company’s stock after acquiring an additional 73,816 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in KANZHUN were worth $7,019,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN in the first quarter valued at approximately $27,000. First Horizon Corp purchased a new stake in KANZHUN in the 3rd quarter valued at $30,000. PNC Financial Services Group Inc. boosted its stake in KANZHUN by 39.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock worth $75,000 after purchasing an additional 1,185 shares during the period. Hantz Financial Services Inc. boosted its stake in KANZHUN by 194.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock worth $77,000 after purchasing an additional 2,170 shares during the period. Finally, Osaic Holdings Inc. grew its position in KANZHUN by 52.5% during the 2nd quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock worth $93,000 after purchasing an additional 1,792 shares during the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.

KANZHUN Stock Up 0.4%

Shares of NASDAQ:BZ opened at $17.37 on Thursday. KANZHUN LIMITED Sponsored ADR has a 52 week low of $13.28 and a 52 week high of $25.26. The company has a 50-day moving average price of $19.39 and a 200 day moving average price of $21.32. The company has a market cap of $7.26 billion, a P/E ratio of 22.86 and a beta of 0.43.

Analyst Upgrades and Downgrades

BZ has been the subject of a number of research reports. Wall Street Zen raised shares of KANZHUN from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Barclays increased their price objective on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. Finally, Zacks Research lowered KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, KANZHUN currently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

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.