KANZHUN (NASDAQ:BZ) CEO Sells $446,720.00 in Stock

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) CEO Peng Jonathan Zhao sold 64,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the sale, the chief executive officer directly owned 576,000 shares in the company, valued at approximately $4,020,480. This represents a 10.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

KANZHUN Stock Performance

BZ traded up $0.23 on Friday, hitting $13.63. 9,812,570 shares of the company were exchanged, compared to its average volume of 4,054,214. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $13.12 and a fifty-two week high of $25.26. The firm has a market capitalization of $5.70 billion, a P/E ratio of 16.42 and a beta of 0.45. The business’s fifty day moving average is $17.11 and its 200 day moving average is $20.32.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BZ. Wall Street Zen raised KANZHUN from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Barclays dropped their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

Institutional Investors Weigh In On KANZHUN

Institutional investors and hedge funds have recently bought and sold shares of the stock. First Horizon Corp purchased a new position in KANZHUN during the third quarter worth $30,000. Kestra Advisory Services LLC acquired a new stake in shares of KANZHUN during the fourth quarter valued at $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN during the 1st quarter worth about $27,000. Larson Financial Group LLC increased its position in KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after purchasing an additional 815 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in KANZHUN in the 4th quarter valued at about $41,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.

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.