Prudential PLC Has $11.38 Million Holdings in KANZHUN LIMITED Sponsored ADR $BZ

Prudential PLC lifted its holdings in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 28.3% during the 4th quarter, HoldingsChannel reports. The fund owned 558,131 shares of the company’s stock after acquiring an additional 123,201 shares during the quarter. Prudential PLC’s holdings in KANZHUN were worth $11,375,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of KANZHUN in the first quarter valued at about $27,000. Larson Financial Group LLC grew its stake 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 acquiring an additional 815 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of KANZHUN in the fourth quarter valued at about $41,000. Fideuram Asset Management Ireland dac acquired a new position in shares of KANZHUN in the fourth quarter valued at about $67,000. Finally, Hantz Financial Services Inc. grew its stake in shares of KANZHUN by 194.1% in the third quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock valued at $77,000 after acquiring an additional 2,170 shares in the last quarter. 60.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insider Buying and Selling at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 5.60% of the company’s stock.

KANZHUN Trading Down 1.5%

BZ opened at $14.03 on Friday. The company’s 50 day moving average is $13.78 and its 200-day moving average is $16.92. KANZHUN LIMITED Sponsored ADR has a 1-year low of $12.85 and a 1-year high of $25.26. The company has a market cap of $5.90 billion, a P/E ratio of 13.76 and a beta of 0.49.

KANZHUN 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.