KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Get Free Report) has been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $23.00.
A number of equities analysts have commented on BZ shares. Barclays lowered their price objective on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st.
Check Out Our Latest Stock Analysis on KANZHUN
KANZHUN Trading Down 2.5%
Insider Buying and Selling
In other KANZHUN 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 transaction of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares in the company, valued at $4,020,480. This trade represents a 10.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.60% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On KANZHUN
A number of hedge funds have recently added to or reduced their stakes in the stock. Schroder Investment Management Group increased its stake in KANZHUN by 15.9% during the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock worth $497,962,000 after acquiring an additional 3,352,779 shares during the period. Krane Funds Advisors LLC increased its stake in KANZHUN by 24.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after acquiring an additional 3,819,347 shares during the period. Vanguard Group Inc. increased its stake in KANZHUN by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock worth $271,880,000 after acquiring an additional 194,820 shares during the period. Capital International Investors increased its stake in KANZHUN by 22.2% during the 4th quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock worth $200,651,000 after acquiring an additional 1,786,308 shares during the period. Finally, CoreView Capital Management Ltd boosted its holdings in shares of KANZHUN by 3.3% in the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock valued at $220,703,000 after purchasing an additional 298,584 shares in the last quarter. 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.
Further Reading
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