KANZHUN (NASDAQ:BZ) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of KANZHUN (NASDAQ:BZFree Report) from a strong sell rating to a hold rating in a research report report published on Wednesday,Zacks.com reports.

Several other equities research analysts also recently commented on BZ. Wall Street Zen downgraded KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Barclays dropped their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, KANZHUN currently has a consensus rating of “Moderate Buy” and an average target price of $23.00.

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KANZHUN Stock Down 1.9%

Shares of NASDAQ BZ opened at $13.80 on Wednesday. KANZHUN has a 12 month low of $12.85 and a 12 month high of $25.26. The company has a market cap of $5.80 billion, a price-to-earnings ratio of 13.53 and a beta of 0.49. The business has a fifty day simple moving average of $13.78 and a 200-day simple moving average of $17.46.

Insiders Place Their Bets

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the transaction, the chief executive officer directly owned 576,000 shares of the company’s stock, valued at $4,020,480. This represents a 10.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. APG Asset Management N.V. increased its position in KANZHUN by 203.1% in the 3rd quarter. APG Asset Management N.V. now owns 196,400 shares of the company’s stock worth $4,588,000 after purchasing an additional 131,600 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in KANZHUN in the 3rd quarter worth about $1,571,000. Nordea Investment Management AB increased its position in KANZHUN by 255.5% in the 4th quarter. Nordea Investment Management AB now owns 1,329,223 shares of the company’s stock worth $26,930,000 after purchasing an additional 955,304 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in KANZHUN by 29.4% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 397,379 shares of the company’s stock worth $9,283,000 after purchasing an additional 90,200 shares during the last quarter. Finally, Capital International Investors increased its position 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 purchasing an additional 3,326,548 shares during the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.

KANZHUN News Summary

Here are the key news stories impacting KANZHUN this week:

KANZHUN Company Profile

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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.

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