KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Given Average Recommendation of “Moderate Buy” by Brokerages

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZGet Free Report) has received a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $23.00.

Several analysts have commented on BZ shares. Barclays lowered their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st.

Check Out Our Latest Report on KANZHUN

Insider Activity

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the sale, the chief executive officer directly owned 576,000 shares in the company, valued at $4,020,480. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Investors Weigh In On KANZHUN

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in KANZHUN during the second quarter valued at about $123,984,000. Krane Funds Advisors LLC raised its position in shares of KANZHUN by 24.7% in the third quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after purchasing an additional 3,819,347 shares during the period. Schroder Investment Management Group lifted its stake in shares of KANZHUN by 15.9% during the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after buying an additional 3,352,779 shares in the last quarter. Capital International Investors lifted its stake in shares of KANZHUN by 70.3% during the 3rd quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock valued at $188,262,000 after buying an additional 3,326,548 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in KANZHUN by 299.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,399,712 shares of the company’s stock worth $78,491,000 after buying an additional 3,298,187 shares during the period. 60.67% of the stock is currently owned by institutional investors.

KANZHUN Stock Performance

Shares of NASDAQ:BZ opened at $13.39 on Wednesday. The company has a market capitalization of $5.60 billion, a P/E ratio of 16.13 and a beta of 0.45. The company’s 50-day moving average is $16.28 and its 200 day moving average is $19.74. KANZHUN has a fifty-two week low of $13.04 and a fifty-two week high of $25.26.

About KANZHUN

(Get 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.

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Analyst Recommendations for KANZHUN (NASDAQ:BZ)

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