Legal & General Group Plc Increases Stock Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Legal & General Group Plc increased its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 8.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,009,254 shares of the company’s stock after acquiring an additional 158,838 shares during the quarter. Legal & General Group Plc’s holdings in KANZHUN were worth $40,949,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BZ. AQR Capital Management LLC purchased a new stake in KANZHUN in the first quarter worth $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN in the first quarter worth $27,000. Millennium Management LLC lifted its stake in KANZHUN by 85.3% in the first quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock worth $18,059,000 after acquiring an additional 433,705 shares during the period. American Century Companies Inc. lifted its stake in KANZHUN by 3.1% in the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock worth $1,244,000 after acquiring an additional 2,096 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in KANZHUN by 315.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock worth $104,000 after acquiring an additional 4,442 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

KANZHUN Trading Up 0.7%

BZ opened at $13.57 on Friday. The stock has a fifty day simple moving average of $13.70 and a two-hundred day simple moving average of $17.16. The company has a market cap of $5.70 billion, a price-to-earnings ratio of 13.30 and a beta of 0.49. KANZHUN LIMITED Sponsored ADR has a 12-month low of $12.85 and a 12-month high of $25.26.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BZ. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Wall Street Zen downgraded KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Barclays decreased their price objective on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.00.

Insider Transactions at KANZHUN

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the completion of the transaction, the chief executive officer owned 576,000 shares in the company, valued at approximately $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 5.60% of the company’s stock.

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.