Temasek Holdings Private Ltd Buys 766,400 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Temasek Holdings Private Ltd lifted its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 21.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,345,925 shares of the company’s stock after buying an additional 766,400 shares during the period. Temasek Holdings Private Ltd’s holdings in KANZHUN were worth $58,192,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN in the 1st quarter valued at $27,000. Parallel Advisors LLC lifted its stake in KANZHUN by 5,732.4% during the 1st quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock valued at $29,000 after acquiring an additional 2,121 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in KANZHUN during the 4th quarter worth $29,000. Larson Financial Group LLC boosted its holdings 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 acquiring an additional 815 shares during the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of KANZHUN in the 4th quarter worth $41,000. Institutional investors own 60.67% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of KANZHUN in a report on Wednesday, July 15th. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $21.75.

Read Our Latest Report on BZ

KANZHUN Trading Up 1.2%

Shares of BZ opened at $15.78 on Wednesday. The stock has a 50 day moving average of $13.87 and a 200 day moving average of $15.27. The company has a market capitalization of $6.47 billion, a price-to-earnings ratio of 15.47 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 12 month low of $12.57 and a 12 month high of $25.26.

KANZHUN Company 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.

Further Reading

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Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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