KANZHUN LIMITED Sponsored ADR $BZ Shares Sold by Citigroup Inc.

Citigroup Inc. decreased its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 14.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,325,066 shares of the company’s stock after selling 570,947 shares during the period. Citigroup Inc. owned approximately 0.80% of KANZHUN worth $77,674,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC increased its stake in shares of KANZHUN by 2.5% during the second quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock valued at $398,000 after acquiring an additional 549 shares during the period. Exchange Traded Concepts LLC boosted its stake in KANZHUN by 0.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company’s stock valued at $2,467,000 after purchasing an additional 600 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of KANZHUN by 0.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock valued at $4,373,000 after purchasing an additional 861 shares during the period. Genus Capital Management Inc. increased its position in shares of KANZHUN by 7.7% during the 2nd quarter. Genus Capital Management Inc. now owns 14,000 shares of the company’s stock valued at $250,000 after purchasing an additional 1,000 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of KANZHUN by 25.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock worth $124,000 after buying an additional 1,079 shares in the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.

KANZHUN Trading Up 1.6%

Shares of BZ opened at $17.48 on Monday. KANZHUN LIMITED Sponsored ADR has a 1-year low of $13.28 and a 1-year high of $25.26. The stock has a market capitalization of $7.31 billion, a P/E ratio of 23.00 and a beta of 0.43. The business’s 50-day moving average price is $19.28 and its 200 day moving average price is $21.29.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research downgraded shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Barclays raised their price objective on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, November 19th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

KANZHUN 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.