KANZHUN LIMITED Sponsored ADR $BZ Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA reduced its stake in shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) by 9.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 431,196 shares of the company’s stock after selling 42,746 shares during the period. Pictet Asset Management Holding SA’s holdings in KANZHUN were worth $5,774,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cerity Partners LLC increased its holdings in shares of KANZHUN by 2.5% in the 2nd quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock valued at $398,000 after purchasing an additional 549 shares in the last quarter. Larson Financial Group LLC lifted 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 purchasing an additional 815 shares during the period. Federation des caisses Desjardins du Quebec boosted its holdings in KANZHUN by 7.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company’s stock worth $290,000 after buying an additional 958 shares in the last quarter. Genus Capital Management Inc. boosted its holdings in KANZHUN by 7.1% during the fourth quarter. Genus Capital Management Inc. now owns 15,000 shares of the company’s stock worth $306,000 after buying an additional 1,000 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in KANZHUN by 82.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,917 shares of the company’s stock worth $68,000 after buying an additional 1,317 shares during the period. 60.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on BZ shares. 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 report on Friday, March 20th. Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Wall Street Zen downgraded KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.75.

KANZHUN Stock Performance

Shares of NASDAQ BZ opened at $13.00 on Friday. The stock has a market cap of $5.33 billion, a price-to-earnings ratio of 12.75 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a 52 week low of $12.57 and a 52 week high of $25.26. The company’s 50-day moving average price is $13.70 and its 200 day moving average price is $15.82.

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.