Key Points
- CEO Daniel Maurice Wagner purchased 812,956 shares at $4.00 each on April 2, totaling $3,251,824, raising his holdings to 47,785,117 shares (a 1.73% increase) valued at $191,140,468.
- RZLV shares fell about 7.1%, opening at $2.60 and trading in a 12‑month range of $1.47–$8.45 (50‑day/200‑day moving averages $2.60/$3.18), while analysts collectively rate the stock a "Moderate Buy" with an average price target of $11.00.
Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) CEO Daniel Maurice Wagner purchased 812,956 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were purchased at an average cost of $4.00 per share, with a total value 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. The trade was a 1.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Rezolve AI Stock Down 7.1%
Shares of RZLV stock opened at $2.60 on Friday. Rezolve AI PLC has a 12-month low of $1.47 and a 12-month high of $8.45. The firm has a 50-day moving average price of $2.60 and a 200 day moving average price of $3.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67.
Hedge Funds Weigh In On Rezolve AI
Institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Rezolve AI by 3,738.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 190,126 shares of the company's stock worth $947,000 after acquiring an additional 185,173 shares during the last quarter. Xponance Inc. bought a new position in shares of Rezolve AI in the third quarter worth about $57,000. ProShare Advisors LLC raised its stake in shares of Rezolve AI by 34.6% in the third quarter. ProShare Advisors LLC now owns 25,080 shares of the company's stock worth $125,000 after acquiring an additional 6,444 shares during the last quarter. Principal Financial Group Inc. bought a new position in shares of Rezolve AI in the third quarter worth about $56,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Rezolve AI in the third quarter worth about $121,000. 27.96% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on RZLV. Cantor Fitzgerald reissued an "overweight" rating and set a $8.00 price target on shares of Rezolve AI in a report on Wednesday, January 14th. iA Financial set a $14.00 price target on shares of Rezolve AI in a report on Wednesday, January 14th. HC Wainwright reissued a "buy" rating and set a $12.00 price target on shares of Rezolve AI in a report on Wednesday, February 11th. Alliance Global Partners reissued a "buy" rating on shares of Rezolve AI in a report on Wednesday, January 14th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Rezolve AI in a report on Tuesday. Six analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $11.00.
Check Out Our Latest Stock Report on RZLV
Rezolve AI Company Profile
(
Get Free Report)
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.
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