KANZHUN LIMITED Sponsored ADR $BZ Stake Lifted by WCM Investment Management LLC

WCM Investment Management LLC boosted its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 374.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,529,841 shares of the company’s stock after buying an additional 1,207,553 shares during the period. WCM Investment Management LLC’s holdings in KANZHUN were worth $20,408,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC grew its position in shares of KANZHUN by 5,732.4% during the first quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock worth $29,000 after acquiring an additional 2,121 shares during the last quarter. KBC Group NV lifted its position in KANZHUN by 236.4% in the 1st quarter. KBC Group NV now owns 626,045 shares of the company’s stock valued at $8,383,000 after purchasing an additional 439,950 shares during the last quarter. SEB Asset Management AB bought a new stake in KANZHUN in the 1st quarter valued at about $532,000. California Public Employees Retirement System boosted its stake in KANZHUN by 39.3% during the 1st quarter. California Public Employees Retirement System now owns 1,127,835 shares of the company’s stock valued at $15,102,000 after purchasing an additional 318,095 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in KANZHUN by 32.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,991,726 shares of the company’s stock valued at $40,328,000 after purchasing an additional 741,115 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.

Wall Street Analyst Weigh In

BZ has been the subject of several recent analyst reports. Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $16.50 to $18.00 in a research report on Friday, June 5th. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of KANZHUN in a report on Wednesday. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $21.75.

Get Our Latest Analysis on BZ

KANZHUN Stock Performance

Shares of BZ opened at $14.91 on Monday. KANZHUN LIMITED Sponsored ADR has a one year low of $12.57 and a one year high of $25.26. The stock’s fifty day moving average is $13.81 and its 200-day moving average is $15.34. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 14.62 and a beta of 0.50.

KANZHUN Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report).

Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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