KANZHUN (NASDAQ:BZ) Sets New 1-Year Low – Time to Sell?

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) reached a new 52-week low on Thursday . The stock traded as low as $12.61 and last traded at $12.8780, with a volume of 941582 shares traded. The stock had previously closed at $13.14.

Wall Street Analyst Weigh In

Several brokerages have commented on BZ. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $16.50 to $18.00 in a research report on Friday, June 5th. Barclays lowered their target price on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 20th. Finally, Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.75.

KANZHUN Stock Down 2.2%

The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 12.59 and a beta of 0.49. The company has a fifty day moving average price of $13.83 and a two-hundred day moving average price of $16.18.

Institutional Trading of KANZHUN

Large investors have recently bought and sold shares of the business. Cerity Partners LLC grew its position in KANZHUN by 2.5% during the 2nd 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 last quarter. Larson Financial Group LLC boosted its stake in shares of KANZHUN by 93.1% during the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after buying an additional 815 shares during the period. Federation des caisses Desjardins du Quebec boosted its stake in shares of KANZHUN by 7.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company’s stock worth $290,000 after buying an additional 958 shares during the period. Genus Capital Management Inc. grew its holdings in shares of KANZHUN by 7.1% during the fourth 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 last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of KANZHUN by 25.6% during the third quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock worth $124,000 after buying an additional 1,079 shares during the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

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.