KANZHUN (NASDAQ:BZ) Stock Rating Upgraded by Zacks Research

KANZHUN (NASDAQ:BZGet Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

A number of other research firms have also commented on BZ. Barclays dropped their price target on KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, KANZHUN has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

View Our Latest Stock Analysis on BZ

KANZHUN Price Performance

NASDAQ BZ opened at $13.80 on Wednesday. The firm has a market cap of $5.80 billion, a P/E ratio of 13.53 and a beta of 0.49. The stock’s 50-day moving average is $13.78 and its 200-day moving average is $17.46. KANZHUN has a one year low of $12.85 and a one year high of $25.26.

Insider Activity at KANZHUN

In related news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total transaction of $446,720.00. Following the completion of the transaction, the chief executive officer directly owned 576,000 shares in the company, valued at approximately $4,020,480. This trade represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On KANZHUN

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Schroder Investment Management Group raised its position in KANZHUN by 15.9% in the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after buying an additional 3,352,779 shares during the last quarter. Krane Funds Advisors LLC raised its position in KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after buying an additional 3,819,347 shares during the last quarter. Vanguard Group Inc. raised its position in KANZHUN by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock valued at $271,880,000 after buying an additional 194,820 shares during the last quarter. Capital International Investors raised its position in KANZHUN by 22.2% in the 4th quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock valued at $200,651,000 after buying an additional 1,786,308 shares during the last quarter. Finally, CoreView Capital Management Ltd raised its position in KANZHUN by 3.3% in the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock valued at $220,703,000 after buying an additional 298,584 shares during the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

Key KANZHUN News

Here are the key news stories impacting KANZHUN this week:

About KANZHUN

(Get Free Report)

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.

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Analyst Recommendations for KANZHUN (NASDAQ:BZ)

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