Rezolve AI Sees Unusually Large Options Volume (NASDAQ:RZLV)

Rezolve AI PLC (NASDAQ:RZLV) saw unusually large options trading activity on Tuesday. Stock investors bought 49,347 call options on the company. This is an increase of approximately 106% compared to the average daily volume of 23,979 call options.

Institutional Investors Weigh In On Rezolve AI

Large investors have recently made changes to their positions in the stock. Alyeska Investment Group L.P. purchased a new position in Rezolve AI in the 3rd quarter worth $120,880,000. Geode Capital Management LLC increased 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 valued at $3,799,000 after purchasing an additional 1,132,569 shares during the period. BNP Paribas Financial Markets raised its stake 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 purchasing an additional 1,046,852 shares during the last quarter. Davidson Kempner Capital Management LP acquired a new stake in shares of Rezolve AI during the third quarter worth about $2,490,000. Finally, XTX Topco Ltd acquired a new stake in shares of Rezolve AI during the third quarter worth about $1,781,000. 27.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Northland Securities upped their price objective on Rezolve AI from $5.00 to $7.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. HC Wainwright increased their price target on shares of Rezolve AI from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Wall Street Zen downgraded shares of Rezolve AI from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Alliance Global Partners reiterated a “buy” rating on shares of Rezolve AI in a research note on Wednesday, January 14th. Finally, Industrial Alliance Securities set a $14.00 target price on shares of Rezolve AI in a research note on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $11.00.

Rezolve AI Trading Up 7.0%

RZLV stock opened at $3.04 on Wednesday. The firm has a 50 day moving average of $3.07 and a 200 day moving average of $3.87. Rezolve AI has a 52 week low of $1.07 and a 52 week high of $8.45.

About Rezolve AI

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.