Serenity Capital Management PTE. LTD. Acquires 1,000,000 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Serenity Capital Management PTE. LTD. raised its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 24.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 5,035,348 shares of the company’s stock after acquiring an additional 1,000,000 shares during the quarter. KANZHUN makes up approximately 29.9% of Serenity Capital Management PTE. LTD.’s portfolio, making the stock its biggest position. Serenity Capital Management PTE. LTD.’s holdings in KANZHUN were worth $117,626,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC grew its holdings in shares of KANZHUN by 2.5% during the 2nd quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock worth $398,000 after purchasing an additional 549 shares in the last quarter. Exchange Traded Concepts LLC grew its position in KANZHUN by 0.6% during the third quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company’s stock worth $2,467,000 after buying an additional 600 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in KANZHUN by 0.5% during the third quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock worth $4,373,000 after purchasing an additional 861 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of KANZHUN by 25.6% during the third quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock worth $124,000 after acquiring an additional 1,079 shares in the last quarter. Finally, First Horizon Corp acquired a new position in shares of KANZHUN during the third quarter worth $30,000. Institutional investors and hedge funds own 60.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BZ shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Barclays increased their price target on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. Finally, Wall Street Zen upgraded KANZHUN from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $26.00.

KANZHUN Stock Down 1.7%

BZ opened at $14.13 on Friday. The firm has a market cap of $5.91 billion, a price-to-earnings ratio of 18.59 and a beta of 0.45. The company’s 50-day moving average price is $17.86 and its 200 day moving average price is $20.71. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $13.28 and a fifty-two week high of $25.26.

KANZHUN 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.