Temasek Holdings Private Ltd Buys 916,706 Shares of KANZHUN LIMITED Sponsored ADR $BZ

Temasek Holdings Private Ltd raised its stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 34.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,579,525 shares of the company’s stock after purchasing an additional 916,706 shares during the quarter. Temasek Holdings Private Ltd’s holdings in KANZHUN were worth $72,951,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BZ. Norges Bank bought a new position in shares of KANZHUN in the 4th quarter worth $105,095,000. Krane Funds Advisors LLC increased its holdings in shares of KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after buying an additional 3,819,347 shares during the last quarter. Schroder Investment Management Group increased its holdings in shares of KANZHUN by 15.9% in the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock worth $497,962,000 after buying an additional 3,352,779 shares during the last quarter. Capital International Investors increased its holdings in shares of KANZHUN by 70.3% in the 3rd quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock worth $188,262,000 after buying an additional 3,326,548 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new position in shares of KANZHUN in the 4th quarter worth $62,692,000. Institutional investors own 60.67% of the company’s stock.

Insider Activity at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the completion of the sale, the chief executive officer directly owned 576,000 shares of the company’s stock, 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 the SEC website.

Analysts Set New Price Targets

BZ has been the subject of several research analyst reports. Barclays dropped their target price on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Sanford C. Bernstein raised shares of KANZHUN from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $16.50 to $18.00 in a research report on Friday, June 5th. Finally, Wall Street Zen cut shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $21.75.

KANZHUN Trading Up 3.6%

NASDAQ:BZ opened at $14.20 on Tuesday. The company has a 50-day moving average price of $13.81 and a 200-day moving average price of $16.59. KANZHUN LIMITED Sponsored ADR has a 12 month low of $12.85 and a 12 month high of $25.26. The stock has a market cap of $5.97 billion, a price-to-earnings ratio of 13.92 and a beta of 0.49.

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.