39,750 Shares in KANZHUN LIMITED Sponsored ADR $BZ Purchased by SEB Asset Management AB

SEB Asset Management AB acquired a new position in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 39,750 shares of the company’s stock, valued at approximately $532,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC purchased a new stake in shares of KANZHUN in the first quarter worth approximately $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of KANZHUN during the first quarter worth approximately $27,000. Millennium Management LLC grew its position in KANZHUN by 85.3% during the first 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. grew its position in KANZHUN by 3.1% during the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,096 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in 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.

KANZHUN Price Performance

Shares of KANZHUN stock opened at $15.42 on Friday. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 15.12 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.57 and a 52-week high of $25.26. The stock has a 50-day simple moving average of $13.93 and a 200-day simple moving average of $15.20.

Wall Street Analysts Forecast Growth

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

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.