Caitong International Asset Management Co. Ltd Acquires 185,173 Shares of Rezolve AI PLC $RZLV

Caitong International Asset Management Co. Ltd increased its holdings in shares of Rezolve AI PLC (NASDAQ:RZLV) by 3,738.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 190,126 shares of the company’s stock after acquiring an additional 185,173 shares during the period. Rezolve AI comprises about 0.7% of Caitong International Asset Management Co. Ltd’s investment portfolio, making the stock its 19th biggest position. Caitong International Asset Management Co. Ltd owned 0.09% of Rezolve AI worth $947,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in RZLV. Brown Wealth Management LLC acquired a new stake in Rezolve AI during the second quarter valued at approximately $615,000. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Rezolve AI in the 2nd quarter valued at approximately $62,000. ProShare Advisors LLC acquired a new position in shares of Rezolve AI in the 2nd quarter worth approximately $57,000. Sei Investments Co. acquired a new position in shares of Rezolve AI in the 3rd quarter worth approximately $110,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Rezolve AI by 3,303.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 44,249 shares of the company’s stock worth $136,000 after buying an additional 42,949 shares during the period. Institutional investors own 27.96% of the company’s stock.

Rezolve AI Price Performance

Rezolve AI stock opened at $2.83 on Wednesday. The business’s fifty day moving average is $2.89 and its two-hundred day moving average is $3.75. Rezolve AI PLC has a 52 week low of $1.07 and a 52 week high of $8.45.

Analyst Upgrades and Downgrades

RZLV has been the topic of a number of analyst reports. iA Financial set a $14.00 price target on Rezolve AI in a research report on Wednesday, January 14th. Alliance Global Partners reissued a “buy” rating on shares of Rezolve AI in a report on Wednesday, January 14th. Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a research note on Thursday, January 22nd. HC Wainwright reaffirmed a “buy” rating and issued a $12.00 target price on shares of Rezolve AI in a report on Wednesday, February 11th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $8.00 target price on shares of Rezolve AI in a research report on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $11.00.

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.