KANZHUN LIMITED Sponsored ADR $BZ Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 2.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,717,278 shares of the company’s stock after purchasing an additional 34,577 shares during the quarter. Hsbc Holdings PLC’s holdings in KANZHUN were worth $22,992,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in KANZHUN in the fourth quarter valued at approximately $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN during the first quarter worth approximately $27,000. Larson Financial Group LLC grew its stake in KANZHUN by 93.1% during the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after buying an additional 815 shares during the period. Leonteq Securities AG acquired a new stake in shares of KANZHUN in the fourth quarter worth $41,000. Finally, Smartleaf Asset Management LLC acquired a new stake in shares of KANZHUN in the fourth quarter worth $53,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.

KANZHUN Stock Up 1.2%

BZ opened at $15.78 on Wednesday. The firm has a market capitalization of $6.47 billion, a P/E ratio of 15.47 and a beta of 0.50. The firm’s 50 day moving average is $13.87 and its 200-day moving average is $15.27. KANZHUN LIMITED Sponsored ADR has a 52-week low of $12.57 and a 52-week high of $25.26.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BZ. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of KANZHUN in a report on Wednesday, July 15th. Finally, Sanford C. Bernstein raised KANZHUN from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $16.50 to $18.00 in a research report on Friday, June 5th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, KANZHUN has a consensus rating of “Moderate Buy” and a consensus price target of $21.75.

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.