Krane Funds Advisors LLC Has $327.31 Million Stock Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Krane Funds Advisors LLC cut its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 16.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,060,290 shares of the company’s stock after selling 3,230,746 shares during the quarter. KANZHUN accounts for 10.6% of Krane Funds Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Krane Funds Advisors LLC owned about 3.84% of KANZHUN worth $327,309,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Cerity Partners LLC grew its holdings in KANZHUN by 2.5% in the second quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock worth $398,000 after purchasing an additional 549 shares during the period. Larson Financial Group LLC increased its position in KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after buying an additional 815 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in KANZHUN by 0.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock worth $4,373,000 after buying an additional 861 shares during the period. Genus Capital Management Inc. raised its stake in KANZHUN by 7.1% during the 4th quarter. Genus Capital Management Inc. now owns 15,000 shares of the company’s stock worth $306,000 after buying an additional 1,000 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in KANZHUN by 25.6% in the third quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock valued at $124,000 after acquiring an additional 1,079 shares during the period. Institutional investors own 60.67% of the company’s stock.

KANZHUN Stock Performance

Shares of NASDAQ BZ opened at $14.03 on Monday. The stock has a fifty day simple moving average of $13.78 and a two-hundred day simple moving average of $16.90. KANZHUN LIMITED Sponsored ADR has a 1-year low of $12.85 and a 1-year high of $25.26. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of 13.76 and a beta of 0.49.

Insider Activity

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the completion of the transaction, the chief executive officer directly owned 576,000 shares of the company’s stock, valued at $4,020,480. This trade represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analyst Weigh In

BZ has been the topic of a number of research reports. Sanford C. Bernstein raised KANZHUN from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $16.50 to $18.00 in a research report on Friday. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Wall Street Zen lowered shares of KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Barclays cut their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research note on Friday, March 20th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, KANZHUN presently has an average rating of “Moderate Buy” and a consensus target price of $21.75.

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.