KANZHUN LIMITED Sponsored ADR $BZ is Krane Funds Advisors LLC’s 3rd Largest Position

Krane Funds Advisors LLC increased its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 24.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,291,036 shares of the company’s stock after purchasing an additional 3,819,347 shares during the period. KANZHUN makes up approximately 11.6% of Krane Funds Advisors LLC’s holdings, making the stock its 3rd biggest position. Krane Funds Advisors LLC owned 4.66% of KANZHUN worth $413,311,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of BZ. Schroder Investment Management Group raised its holdings in KANZHUN by 15.8% in the second quarter. Schroder Investment Management Group now owns 18,258,321 shares of the company’s stock worth $325,728,000 after buying an additional 2,486,499 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of KANZHUN by 9.3% during the second quarter. JPMorgan Chase & Co. now owns 9,455,233 shares of the company’s stock valued at $168,681,000 after acquiring an additional 801,373 shares in the last quarter. Norges Bank purchased a new position in KANZHUN in the 2nd quarter worth approximately $123,984,000. Artisan Partners Limited Partnership raised its holdings in KANZHUN by 5.6% in the 2nd quarter. Artisan Partners Limited Partnership now owns 5,686,888 shares of the company’s stock worth $101,454,000 after acquiring an additional 300,197 shares during the last quarter. Finally, State Street Corp lifted its position in KANZHUN by 13.4% in the 2nd quarter. State Street Corp now owns 5,462,064 shares of the company’s stock valued at $97,443,000 after acquiring an additional 646,996 shares in the last quarter. 60.67% of the stock is currently owned by institutional investors.

KANZHUN Trading Down 6.8%

BZ opened at $16.30 on Tuesday. The firm’s 50 day simple moving average is $19.21 and its two-hundred day simple moving average is $21.26. The company has a market capitalization of $6.82 billion, a PE ratio of 21.45 and a beta of 0.43. KANZHUN LIMITED Sponsored ADR has a 1-year low of $13.28 and a 1-year high of $25.26.

Wall Street Analyst Weigh In

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

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.