KANZHUN LIMITED Sponsored ADR $BZ is Perseverance Asset Management International’s 4th Largest Position

Perseverance Asset Management International grew its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 1,603.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,287,565 shares of the company’s stock after acquiring an additional 4,035,923 shares during the period. KANZHUN comprises approximately 6.3% of Perseverance Asset Management International’s portfolio, making the stock its 4th largest position. Perseverance Asset Management International’s holdings in KANZHUN were worth $57,410,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of BZ. AQR Capital Management LLC acquired a new position in KANZHUN during the 1st quarter worth $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in KANZHUN in the 1st quarter valued at about $27,000. Millennium Management LLC raised its position in KANZHUN by 85.3% in the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after purchasing an additional 433,705 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of KANZHUN by 3.1% in the 2nd quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after buying an additional 2,096 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of KANZHUN by 315.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after buying an additional 4,442 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

Analyst Upgrades and Downgrades

BZ has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of KANZHUN in a research note on Wednesday, July 15th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $16.50 to $18.00 in a research note on Friday, June 5th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, KANZHUN currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.75.

KANZHUN Price Performance

Shares of NASDAQ BZ opened at $15.25 on Friday. The business has a 50-day moving average of $13.90 and a two-hundred day moving average of $15.19. The company has a market capitalization of $6.25 billion, a price-to-earnings ratio of 14.95 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 1 year low of $12.57 and a 1 year high of $25.26.

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.