KANZHUN LIMITED Sponsored ADR $BZ Stake Raised by APG Asset Management N.V.

APG Asset Management N.V. boosted its position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZFree Report) by 203.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 196,400 shares of the company’s stock after purchasing an additional 131,600 shares during the period. APG Asset Management N.V.’s holdings in KANZHUN were worth $4,588,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC acquired a new position in shares of KANZHUN in the 1st quarter valued at approximately $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in KANZHUN in the first quarter valued at $27,000. Millennium Management LLC grew its holdings in KANZHUN by 85.3% during the first 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 period. Envestnet Asset Management Inc. increased its holdings in shares of KANZHUN by 459.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 186,323 shares of the company’s stock worth $3,324,000 after acquiring an additional 153,013 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of KANZHUN by 17.1% during the 2nd quarter. Bank of Montreal Can now owns 15,098 shares of the company’s stock worth $269,000 after buying an additional 2,200 shares during the period. Institutional investors own 60.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Barclays lifted their price target on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Zacks Research cut KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, KANZHUN has an average rating of “Moderate Buy” and a consensus price target of $24.00.

View Our Latest Stock Report on BZ

KANZHUN Trading Down 1.7%

Shares of NASDAQ BZ opened at $15.91 on Wednesday. The company has a market capitalization of $6.65 billion, a price-to-earnings ratio of 20.93 and a beta of 0.45. KANZHUN LIMITED Sponsored ADR has a twelve month low of $13.28 and a twelve month high of $25.26. The business has a 50 day simple moving average of $18.66 and a 200-day simple moving average of $21.04.

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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