KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $23.00.

A number of equities analysts recently weighed in on the stock. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Barclays cut their price target on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 20th. Finally, Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st.

View Our Latest Stock Analysis on BZ

Insider Activity at KANZHUN

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of KANZHUN stock in a transaction that occurred 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 sale, the chief executive officer owned 576,000 shares of the company’s stock, valued at approximately $4,020,480. The trade was a 10.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 5.60% of the company’s stock.

Institutional Investors Weigh In On KANZHUN

Several large investors have recently added to or reduced their stakes in BZ. Norges Bank purchased a new stake in KANZHUN in the 4th quarter worth about $105,095,000. Perseverance Asset Management International increased its holdings in KANZHUN by 1,603.8% in the 1st quarter. Perseverance Asset Management International now owns 4,287,565 shares of the company’s stock worth $57,410,000 after acquiring an additional 4,035,923 shares during the last quarter. Krane Funds Advisors LLC increased its holdings in KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after acquiring an additional 3,819,347 shares during the last quarter. Schroder Investment Management Group increased its holdings in KANZHUN by 15.9% in the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock worth $497,962,000 after acquiring an additional 3,352,779 shares during the last quarter. Finally, Capital International Investors increased its holdings in KANZHUN by 70.3% in the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

KANZHUN Stock Performance

Shares of NASDAQ:BZ opened at $13.34 on Thursday. The company’s 50-day moving average is $13.73 and its 200 day moving average is $17.24. The company has a market capitalization of $5.61 billion, a P/E ratio of 13.08 and a beta of 0.49. KANZHUN has a fifty-two week low of $12.85 and a fifty-two week high of $25.26.

KANZHUN Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for KANZHUN (NASDAQ:BZ)

Receive News & Ratings for KANZHUN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KANZHUN and related companies with MarketBeat.com's FREE daily email newsletter.