Healthcare of Ontario Pension Plan Trust Fund trimmed its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Free Report) by 36.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,953,200 shares of the company’s stock after selling 1,123,100 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in KANZHUN were worth $26,153,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the stock. WCM Investment Management LLC increased its holdings in shares of KANZHUN by 374.7% during the first quarter. WCM Investment Management LLC now owns 1,529,841 shares of the company’s stock valued at $20,408,000 after acquiring an additional 1,207,553 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in KANZHUN by 70.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 5,591,441 shares of the company’s stock worth $113,954,000 after purchasing an additional 2,313,922 shares in the last quarter. SG Americas Securities LLC grew its position in KANZHUN by 88.4% during the 4th quarter. SG Americas Securities LLC now owns 456,192 shares of the company’s stock valued at $9,297,000 after purchasing an additional 214,109 shares during the last quarter. Vanguard Group Inc. grew its position in KANZHUN by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock valued at $271,880,000 after purchasing an additional 194,820 shares during the last quarter. Finally, LBP AM SA increased its stake in KANZHUN by 215.3% during the 4th quarter. LBP AM SA now owns 262,547 shares of the company’s stock valued at $5,351,000 after purchasing an additional 179,272 shares in the last quarter. 60.67% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
BZ has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of KANZHUN in a report on Wednesday, July 15th. Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and increased their price target for the company from $16.50 to $18.00 in a report on Friday, June 5th. Finally, Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.75.
KANZHUN Price Performance
Shares of NASDAQ BZ opened at $15.42 on Monday. The firm’s 50-day moving average price is $13.93 and its 200-day moving average price is $15.15. The company has a market cap of $6.32 billion, a PE ratio of 15.12 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.57 and a 52-week high of $25.26.
About KANZHUN
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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