Rezolve AI PLC (NASDAQ:RZLV) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Rezolve AI PLC (NASDAQ:RZLV) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $11.00.

RZLV has been the topic of several recent research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $8.00 price objective on shares of Rezolve AI in a research note on Wednesday, January 14th. HC Wainwright reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Rezolve AI in a research note on Wednesday, February 11th. Alliance Global Partners reaffirmed a “buy” rating on shares of Rezolve AI in a research note on Wednesday, January 14th. iA Financial set a $14.00 price objective on shares of Rezolve AI in a research note on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Rezolve AI in a research note on Tuesday, April 21st.

Insider Activity at Rezolve AI

In other news, CEO Daniel Maurice Wagner bought 812,956 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was bought at an average cost of $4.00 per share, for a total transaction of $3,251,824.00. Following the completion of the acquisition, the chief executive officer directly owned 47,785,117 shares in the company, valued at $191,140,468. This represents a 1.73% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 68.71% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in RZLV. Alyeska Investment Group L.P. acquired a new position in shares of Rezolve AI in the third quarter worth about $120,880,000. Jump Financial LLC acquired a new position in shares of Rezolve AI in the fourth quarter worth about $4,506,000. Geode Capital Management LLC boosted its holdings in shares of Rezolve AI by 1,100.7% in the second quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company’s stock worth $3,799,000 after buying an additional 1,132,569 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Rezolve AI by 13,595.5% in the third quarter. BNP Paribas Financial Markets now owns 1,054,552 shares of the company’s stock worth $5,252,000 after buying an additional 1,046,852 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Rezolve AI by 340.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,078,863 shares of the company’s stock worth $2,773,000 after buying an additional 833,964 shares during the period. 27.96% of the stock is currently owned by institutional investors and hedge funds.

Rezolve AI Stock Performance

Rezolve AI stock opened at $2.67 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67. The company’s 50-day moving average price is $2.63 and its two-hundred day moving average price is $3.03. Rezolve AI has a 52 week low of $1.90 and a 52 week high of $8.45.

Rezolve AI Company Profile

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.