KANZHUN (NASDAQ:BZ) CMO Xu Chen Sells 400,000 Shares of Stock

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) CMO Xu Chen sold 400,000 shares of KANZHUN stock in a transaction on Friday, September 4th. The shares were sold at an average price of $8.50, for a total transaction of $3,400,000.00. Following the transaction, the chief marketing officer owned 153,340 shares in the company, valued at approximately $1,303,390. This trade represents a 72.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

KANZHUN Stock Performance

Shares of KANZHUN stock opened at $16.07 on Thursday. The company has a market capitalization of $6.59 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.77 and a beta of 0.48. The company has a fifty day moving average of $15.83 and a 200 day moving average of $14.66. KANZHUN LIMITED Sponsored ADR has a fifty-two week low of $12.57 and a fifty-two week high of $25.26.

KANZHUN (NASDAQ:BZ) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $353.05 million during the quarter. KANZHUN had a return on equity of 15.03% and a net margin of 53.16%. Analysts forecast that KANZHUN LIMITED Sponsored ADR will post 1 EPS for the current year.

KANZHUN Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Wednesday, October 14th. Investors of record on Monday, September 28th will be given a dividend of $0.51 per share. The ex-dividend date is Monday, September 28th. This represents a dividend yield of 313.0%. KANZHUN’s dividend payout ratio (DPR) is currently 10.56%.

Institutional Trading of KANZHUN

A number of large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of KANZHUN in the 1st quarter worth about $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of KANZHUN during the 1st quarter valued at about $27,000. Millennium Management LLC lifted its holdings in shares of KANZHUN by 85.3% in the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after acquiring an additional 433,705 shares during the last quarter. American Century Companies Inc. increased its stake in KANZHUN by 3.1% during 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 last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in KANZHUN by 315.5% during 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 last quarter. Institutional investors own 60.67% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Bank of America began coverage on KANZHUN in a report on Tuesday, August 18th. They issued a “neutral” rating and a $19.00 price target on the stock. Weiss Ratings raised shares of KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 5th. Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $19.00 price target on shares of KANZHUN in a report on Wednesday, August 26th. Finally, Barclays boosted their price target on shares of KANZHUN from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $19.33.

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.