KANZHUN LIMITED Sponsored ADR $BZ Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lifted its holdings in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,250,611 shares of the company’s stock after purchasing an additional 60,729 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.54% of KANZHUN worth $47,060,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Schroder Investment Management Group lifted its position in KANZHUN by 15.5% during the third quarter. Schroder Investment Management Group now owns 21,081,099 shares of the company’s stock worth $494,141,000 after buying an additional 2,822,778 shares during the period. Krane Funds Advisors LLC lifted its holdings in shares of KANZHUN by 24.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after acquiring an additional 3,819,347 shares during the period. CoreView Capital Management Ltd lifted its holdings in shares of KANZHUN by 3.3% during the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock worth $220,703,000 after acquiring an additional 298,584 shares during the period. Capital International Investors boosted its position in shares of KANZHUN by 70.3% in the third quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock worth $188,262,000 after acquiring an additional 3,326,548 shares during the last quarter. Finally, Norges Bank purchased a new stake in KANZHUN in the second quarter valued at approximately $123,984,000. 60.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the sale, the chief executive officer directly owned 576,000 shares in the company, valued at approximately $4,020,480. This trade represents a 10.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 5.60% of the company’s stock.

KANZHUN Trading Up 0.7%

Shares of KANZHUN stock opened at $13.48 on Thursday. KANZHUN LIMITED Sponsored ADR has a twelve month low of $13.04 and a twelve month high of $25.26. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 16.24 and a beta of 0.52. The company has a fifty day moving average price of $16.18 and a 200 day moving average price of $19.69.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BZ shares. Barclays dropped their price target on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. Wall Street Zen downgraded KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, KANZHUN currently has a consensus rating of “Moderate Buy” and an average target price of $23.00.

About KANZHUN

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.