Thornburg Investment Management Inc. Reduces Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Thornburg Investment Management Inc. trimmed its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 17.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,851,569 shares of the company’s stock after selling 812,588 shares during the quarter. KANZHUN makes up 1.2% of Thornburg Investment Management Inc.’s investment portfolio, making the stock its 22nd largest position. Thornburg Investment Management Inc. owned approximately 0.93% of KANZHUN worth $89,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Barclays raised their target price on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 19th. Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Zacks Research lowered KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $24.00.

KANZHUN Stock Down 0.7%

Shares of BZ stock opened at $16.24 on Thursday. The business’s fifty day moving average is $19.05 and its 200 day moving average is $21.20. The stock has a market cap of $6.79 billion, a price-to-earnings ratio of 21.37 and a beta of 0.43. KANZHUN LIMITED Sponsored ADR has a twelve month low of $13.28 and a twelve month 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.