KBC Group NV Has $8.38 Million Stock Position in KANZHUN LIMITED Sponsored ADR $BZ

KBC Group NV lifted its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 236.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 626,045 shares of the company’s stock after acquiring an additional 439,950 shares during the quarter. KBC Group NV owned approximately 0.15% of KANZHUN worth $8,383,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in KANZHUN in the first quarter worth about $27,000. Kestra Advisory Services LLC bought a new stake in shares of KANZHUN during the fourth quarter worth approximately $29,000. Larson Financial Group LLC raised its stake in shares of KANZHUN by 93.1% during the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after buying an additional 815 shares during the last quarter. Leonteq Securities AG acquired a new position in KANZHUN in the fourth quarter valued at approximately $41,000. Finally, Smartleaf Asset Management LLC acquired a new position in KANZHUN in the fourth quarter valued at approximately $53,000. Institutional investors and hedge funds own 60.67% of the company’s stock.

KANZHUN Trading Down 2.4%

BZ stock opened at $15.40 on Thursday. The business’s 50-day moving average price is $13.88 and its two-hundred day moving average price is $15.23. The firm has a market cap of $6.32 billion, a PE ratio of 15.10 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 1-year low of $12.57 and a 1-year high of $25.26.

Analysts Set New Price Targets

BZ has been the subject of several recent research reports. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $16.50 to $18.00 in a research report on Friday, June 5th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of KANZHUN in a research note on Wednesday, July 15th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.75.

Get Our Latest Research Report on KANZHUN

About KANZHUN

(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

Institutional Ownership by Quarter for KANZHUN (NASDAQ:BZ)

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