OPTIMAS CAPITAL Ltd bought a new stake in Kanzhun Limited (NASDAQ:BZ – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 69,000 shares of the company’s stock, valued at approximately $952,000. Kanzhun accounts for about 1.3% of OPTIMAS CAPITAL Ltd’s portfolio, making the stock its 23rd largest holding.
A number of other hedge funds have also made changes to their positions in the business. Crossmark Global Holdings Inc. increased its stake in Kanzhun by 5.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 13,911 shares of the company’s stock worth $241,000 after buying an additional 759 shares during the period. PNC Financial Services Group Inc. increased its stake in Kanzhun by 107.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,976 shares of the company’s stock worth $41,000 after buying an additional 1,542 shares during the period. Swiss National Bank increased its stake in Kanzhun by 0.3% during the 4th quarter. Swiss National Bank now owns 600,966 shares of the company’s stock worth $8,293,000 after buying an additional 1,900 shares during the period. Rhumbline Advisers increased its stake in Kanzhun by 9.3% during the 4th quarter. Rhumbline Advisers now owns 24,185 shares of the company’s stock worth $334,000 after buying an additional 2,066 shares during the period. Finally, US Bancorp DE increased its stake in Kanzhun by 6.0% during the 4th quarter. US Bancorp DE now owns 42,456 shares of the company’s stock worth $586,000 after buying an additional 2,406 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.
Kanzhun Stock Performance
NASDAQ BZ opened at $20.47 on Tuesday. Kanzhun Limited has a one year low of $10.57 and a one year high of $22.74. The company has a 50-day simple moving average of $15.60 and a 200-day simple moving average of $14.74. The firm has a market capitalization of $7.80 billion, a PE ratio of 45.49 and a beta of 0.46.
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Kanzhun Profile
Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.
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