SEB Asset Management AB Takes Position in KANZHUN LIMITED Sponsored ADR $BZ

SEB Asset Management AB acquired a new stake in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 39,750 shares of the company’s stock, valued at approximately $532,000.

A number of other large investors have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN during the first quarter worth $27,000. Kestra Advisory Services LLC acquired a new stake in shares of KANZHUN in the fourth quarter worth about $29,000. Larson Financial Group LLC lifted its position 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 worth $34,000 after buying an additional 815 shares during the last quarter. Leonteq Securities AG bought a new stake in shares of KANZHUN during the 4th quarter worth about $41,000. Finally, Smartleaf Asset Management LLC bought a new stake in shares of KANZHUN during the 4th quarter worth about $53,000. 60.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

KANZHUN Price Performance

Shares of BZ opened at $15.42 on Friday. The company has a market capitalization of $6.32 billion, a PE ratio of 15.12 and a beta of 0.50. KANZHUN LIMITED Sponsored ADR has a one year low of $12.57 and a one year high of $25.26. The company’s fifty day moving average price is $13.93 and its 200 day moving average price is $15.20.

KANZHUN Company 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.