Themes Management Co LLC bought a new stake in shares of Rezolve AI PLC (NASDAQ:RZLV – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 264,884 shares of the company’s stock, valued at approximately $681,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its position in shares of Rezolve AI by 3,738.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 190,126 shares of the company’s stock valued at $947,000 after buying an additional 185,173 shares during the last quarter. Clear Street Group Inc. purchased a new position in shares of Rezolve AI during the 3rd quarter valued at $373,000. Ameritas Investment Partners Inc. lifted its position in shares of Rezolve AI by 32.1% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 12,254 shares of the company’s stock valued at $61,000 after buying an additional 2,975 shares during the last quarter. Xponance Inc. purchased a new position in shares of Rezolve AI during the 3rd quarter valued at $57,000. Finally, Rhumbline Advisers lifted its position in shares of Rezolve AI by 37.7% during the 3rd quarter. Rhumbline Advisers now owns 178,278 shares of the company’s stock valued at $888,000 after buying an additional 48,820 shares during the last quarter. Hedge funds and other institutional investors own 27.96% of the company’s stock.
Analyst Upgrades and Downgrades
RZLV has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Rezolve AI in a research report on Tuesday, April 21st. HC Wainwright reaffirmed a “buy” rating and set a $12.00 price target on shares of Rezolve AI in a research report on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $11.00.
Rezolve AI Price Performance
NASDAQ:RZLV opened at $2.63 on Tuesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. Rezolve AI PLC has a 52-week low of $1.90 and a 52-week high of $8.45. The business’s fifty day moving average is $2.63 and its 200 day moving average is $2.81.
Rezolve AI (NASDAQ:RZLV – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.01. The company had revenue of $20.24 million for the quarter, compared to the consensus estimate of $13.70 million. As a group, equities research analysts forecast that Rezolve AI PLC will post -0.11 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Rezolve AI news, CEO Daniel Maurice Wagner bought 812,956 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were acquired at an average cost of $4.00 per share, for a total transaction of $3,251,824.00. Following the purchase, the chief executive officer directly owned 47,785,117 shares of the company’s stock, valued at $191,140,468. The trade was a 1.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 68.71% of the stock is owned by corporate insiders.
Rezolve AI 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.
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