Penserra Capital Management LLC Acquires Shares of 46,895 KANZHUN LIMITED Sponsored ADR $BZ

Penserra Capital Management LLC acquired a new position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) during the 3rd quarter, Holdings Channel reports. The firm acquired 46,895 shares of the company’s stock, valued at approximately $1,095,000.

A number of other institutional investors also recently modified their holdings of the business. WCM Investment Management LLC grew its stake in shares of KANZHUN by 15.7% in the third quarter. WCM Investment Management LLC now owns 195,915 shares of the company’s stock valued at $4,592,000 after acquiring an additional 26,581 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in shares of KANZHUN during the 3rd quarter worth approximately $227,000. LBP AM SA grew its position in shares of KANZHUN by 8.7% during the 3rd quarter. LBP AM SA now owns 83,275 shares of the company’s stock worth $1,945,000 after purchasing an additional 6,700 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of KANZHUN during the third quarter worth approximately $1,780,000. Finally, Resona Asset Management Co. Ltd. raised its position in shares of KANZHUN by 10.9% in the third quarter. Resona Asset Management Co. Ltd. now owns 96,566 shares of the company’s stock valued at $2,257,000 after buying an additional 9,513 shares in the last quarter. Institutional investors own 60.67% of the company’s stock.

KANZHUN Trading Up 2.5%

Shares of NASDAQ BZ opened at $17.92 on Friday. The company has a market cap of $7.49 billion, a price-to-earnings ratio of 23.58 and a beta of 0.43. KANZHUN LIMITED Sponsored ADR has a 12 month low of $13.28 and a 12 month high of $25.26. The stock has a 50-day moving average price of $20.00 and a two-hundred day moving average price of $21.40.

Analyst Ratings Changes

A number of equities analysts have commented on BZ shares. Barclays raised their price objective on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Wall Street Zen upgraded shares of KANZHUN from a “hold” rating to a “buy” rating in a research note on Sunday, January 25th. Finally, Zacks Research lowered shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

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.