Hsbc Holdings PLC Has $34.24 Million Position in KANZHUN LIMITED Sponsored ADR $BZ

Hsbc Holdings PLC lessened its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 6.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,682,701 shares of the company’s stock after selling 110,960 shares during the period. Hsbc Holdings PLC’s holdings in KANZHUN were worth $34,245,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in KANZHUN during the first quarter worth $27,000. Kestra Advisory Services LLC acquired a new position in shares of KANZHUN in the fourth quarter valued at $29,000. Larson Financial Group LLC raised its position in shares of KANZHUN by 93.1% in the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after purchasing an additional 815 shares during the period. Leonteq Securities AG bought a new position in shares of KANZHUN in the fourth quarter valued at about $41,000. Finally, Smartleaf Asset Management LLC bought a new position in shares of KANZHUN in the fourth quarter valued at about $53,000. Institutional investors and hedge funds own 60.67% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Barclays lowered their price target on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 20th. Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $16.50 to $18.00 in a research report on Friday, June 5th. Finally, Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $21.75.

KANZHUN Price Performance

BZ stock opened at $13.14 on Wednesday. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 12.88 and a beta of 0.49. The business’s fifty day moving average price is $13.83 and its two-hundred day moving average price is $16.23. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $12.85 and a fifty-two week high of $25.26.

KANZHUN Company 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.