Y Intercept Hong Kong Ltd Invests $1.78 Million in KANZHUN LIMITED Sponsored ADR $BZ

Y Intercept Hong Kong Ltd acquired a new position in KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 76,212 shares of the company’s stock, valued at approximately $1,780,000.

Other large investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in KANZHUN in the 1st quarter valued at $27,000. First Horizon Corp bought a new stake in shares of KANZHUN in the third quarter valued at about $30,000. PNC Financial Services Group Inc. grew its position in KANZHUN by 39.2% during the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock worth $75,000 after buying an additional 1,185 shares in the last quarter. Osaic Holdings Inc. increased its stake in KANZHUN by 52.5% during the second quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock valued at $93,000 after acquiring an additional 1,792 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in KANZHUN by 315.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after acquiring an additional 4,442 shares in the last quarter. 60.67% of the stock is currently owned by institutional investors and hedge funds.

KANZHUN Price Performance

NASDAQ BZ opened at $18.90 on Friday. The stock’s 50 day simple moving average is $20.41 and its 200 day simple moving average is $21.43. KANZHUN LIMITED Sponsored ADR has a one year low of $13.28 and a one year high of $25.26. The firm has a market cap of $7.90 billion, a PE ratio of 24.87 and a beta of 0.43.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BZ shares. Zacks Research cut KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. Wall Street Zen upgraded shares of KANZHUN from a “hold” rating to a “buy” rating in a research report on Sunday, January 25th. Finally, Barclays increased their price target on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

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.