KANZHUN (NASDAQ:BZ) Hits New 12-Month Low – Here’s What Happened

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $13.20 and last traded at $13.2630, with a volume of 1411392 shares trading hands. The stock had previously closed at $13.69.

Wall Street Analyst Weigh In

Several analysts have weighed in on BZ shares. Wall Street Zen raised shares of KANZHUN from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Barclays lifted their target price on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, November 19th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research 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 assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

KANZHUN Stock Performance

The company’s 50-day moving average is $17.35 and its 200-day moving average is $20.44. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 17.92 and a beta of 0.45.

Institutional Trading of KANZHUN

Hedge funds have recently modified their holdings of the stock. Cerity Partners LLC increased its holdings in shares of KANZHUN by 2.5% in the second quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock valued at $398,000 after purchasing an additional 549 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in KANZHUN by 0.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company’s stock valued at $2,467,000 after buying an additional 600 shares during the last quarter. Larson Financial Group LLC boosted its position in KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after buying an additional 815 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of KANZHUN by 0.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock valued at $4,373,000 after buying an additional 861 shares during the period. Finally, Federation des caisses Desjardins du Quebec raised its position in shares of KANZHUN by 7.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company’s stock worth $290,000 after acquiring an additional 958 shares during the last quarter. 60.67% of the stock is owned by 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.