Korea Investment CORP Boosts Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Korea Investment CORP grew its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 59.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 372,190 shares of the company’s stock after acquiring an additional 139,400 shares during the quarter. Korea Investment CORP owned about 0.09% of KANZHUN worth $8,694,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN in the first quarter valued at approximately $27,000. First Horizon Corp purchased a new position in KANZHUN during the third quarter worth approximately $30,000. PNC Financial Services Group Inc. boosted its holdings in shares of KANZHUN by 39.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock valued at $75,000 after purchasing an additional 1,185 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of KANZHUN by 194.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock valued at $77,000 after purchasing an additional 2,170 shares during the last quarter. Finally, Osaic Holdings Inc. grew its stake in shares of KANZHUN by 52.5% during the 2nd quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock valued at $93,000 after buying an additional 1,792 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

KANZHUN Trading Down 4.3%

Shares of KANZHUN stock opened at $14.38 on Thursday. KANZHUN LIMITED Sponsored ADR has a twelve month low of $13.28 and a twelve month high of $25.26. The stock has a market cap of $6.01 billion, a price-to-earnings ratio of 18.92 and a beta of 0.45. The company has a fifty day moving average price of $17.98 and a 200 day moving average price of $20.75.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Wall Street Zen upgraded KANZHUN from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Barclays raised their price objective on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. One research 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, the company has a consensus rating of “Moderate Buy” and an average price target of $26.00.

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.