Geode Capital Management LLC Acquires Shares of 102,898 Rezolve AI Limited (NASDAQ:RZLV)

Geode Capital Management LLC bought a new stake in Rezolve AI Limited (NASDAQ:RZLV) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 102,898 shares of the company’s stock, valued at approximately $393,000. Geode Capital Management LLC owned about 0.06% of Rezolve AI as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in RZLV. Highbridge Capital Management LLC acquired a new stake in shares of Rezolve AI during the fourth quarter worth $286,000. WINTON GROUP Ltd acquired a new position in Rezolve AI during the fourth quarter worth about $279,000. Periscope Capital Inc. acquired a new position in Rezolve AI during the fourth quarter worth about $268,000. Wolverine Asset Management LLC purchased a new stake in shares of Rezolve AI in the fourth quarter valued at about $51,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Rezolve AI during the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Stock Up 3.2 %

Shares of NASDAQ:RZLV opened at $2.26 on Friday. Rezolve AI Limited has a 52-week low of $1.07 and a 52-week high of $12.29. The company has a 50 day moving average of $1.57 and a two-hundred day moving average of $2.68.

Analysts Set New Price Targets

A number of research firms recently issued reports on RZLV. HC Wainwright reaffirmed a “buy” rating and issued a $4.00 target price on shares of Rezolve AI in a research note on Tuesday. Maxim Group began coverage on shares of Rezolve AI in a research report on Thursday, January 16th. They set a “buy” rating and a $10.00 price target for the company. Finally, Roth Mkm reissued a “buy” rating and set a $4.00 target price on shares of Rezolve AI in a research report on Wednesday, March 19th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $6.00.

Rezolve AI Company Profile

Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.