SG Americas Securities LLC Boosts Stake in KANZHUN LIMITED Sponsored ADR $BZ

SG Americas Securities LLC increased its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 24.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 567,920 shares of the company’s stock after acquiring an additional 111,728 shares during the quarter. SG Americas Securities LLC’s holdings in KANZHUN were worth $7,604,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. AQR Capital Management LLC acquired a new stake in KANZHUN in the 1st quarter valued at about $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of KANZHUN during the 1st quarter worth approximately $27,000. Millennium Management LLC boosted its holdings in shares of KANZHUN by 85.3% during the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock worth $18,059,000 after purchasing an additional 433,705 shares during the last quarter. American Century Companies Inc. grew its position in shares of KANZHUN by 3.1% in the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,096 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of KANZHUN by 315.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after purchasing an additional 4,442 shares in the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

KANZHUN Stock Performance

Shares of KANZHUN stock opened at $13.29 on Friday. The stock has a 50 day moving average of $13.80 and a 200 day moving average of $16.09. The firm has a market capitalization of $5.58 billion, a price-to-earnings ratio of 13.02 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $12.57 and a fifty-two week high of $25.26.

Analyst Ratings Changes

Several analysts have issued reports on the company. Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and upped their target price for the company from $16.50 to $18.00 in a report on Friday, June 5th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Barclays lowered their price target on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Finally, Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, KANZHUN currently has a consensus rating of “Moderate Buy” and an average price target 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.