Key Points
- CMO Xu Chen sold 400,000 KANZHUN shares at an average price of $8.50, generating $3.4 million. The sale reduced Chen’s direct ownership by 72.29% to 153,340 shares.
- KANZHUN reported quarterly EPS of $0.33 on revenue of $353.05 million, with a 53.16% net margin and 15.03% return on equity. The company also announced a $0.51 annual dividend, though the reported 313% yield appears inconsistent with the stock price data.
- Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $19.33; institutional investors own 60.67% of the company.
KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report) CMO Xu Chen sold 400,000 shares of KANZHUN stock in a transaction on Friday, September 4th. The stock was sold at an average price of $8.50, for a total transaction of $3,400,000.00. Following the transaction, the chief marketing officer directly owned 153,340 shares of the company's stock, valued at $1,303,390. The trade was a 72.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
KANZHUN Trading Down 3.3%
Shares of BZ opened at $16.07 on Thursday. KANZHUN LIMITED Sponsored ADR has a twelve month low of $12.57 and a twelve month high of $25.26. The company has a market cap 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's fifty day simple moving average is $15.83 and its 200-day simple moving average is $14.66.
KANZHUN (NASDAQ:BZ - Get Free Report) last released its earnings results on Friday, August 14th. The company reported $0.33 earnings per share (EPS) for the quarter. KANZHUN had a net margin of 53.16% and a return on equity of 15.03%. The firm had revenue of $353.05 million during the quarter. Analysts predict that KANZHUN LIMITED Sponsored ADR will post 1 earnings per share for the current fiscal year.
KANZHUN Announces Dividend
The company also recently disclosed an annual dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Monday, September 28th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Monday, September 28th. This represents a yield of 313.0%. KANZHUN's dividend payout ratio (DPR) is presently 10.56%.
Institutional Investors Weigh In On KANZHUN
Several large investors have recently added to or reduced their stakes in BZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in KANZHUN in the 1st quarter worth about $27,000. Parallel Advisors LLC raised its stake in shares of KANZHUN by 5,732.4% during the first quarter. Parallel Advisors LLC now owns 2,158 shares of the company's stock valued at $29,000 after acquiring an additional 2,121 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of KANZHUN during the fourth quarter valued at approximately $29,000. Larson Financial Group LLC boosted its holdings 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. Finally, Leonteq Securities AG purchased a new stake in shares of KANZHUN in the fourth quarter valued at approximately $41,000. 60.67% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on BZ. Weiss Ratings raised KANZHUN from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 5th. Barclays increased their price target on KANZHUN from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Thursday, August 27th. Bank of America began coverage on KANZHUN in a report on Tuesday, August 18th. They set a "neutral" rating and a $19.00 price objective for the company. Zacks Research raised KANZHUN from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $19.00 target price on shares of KANZHUN in a research note on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, KANZHUN presently has an average rating of "Moderate Buy" and a consensus price target of $19.33.
View Our Latest Analysis on KANZHUN
About KANZHUN
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
