Polar Asset Management Partners Inc. Makes New Investment in Rezolve AI Limited (NASDAQ:RZLV)

Polar Asset Management Partners Inc. acquired a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,086,250 shares of the company's stock, valued at approximately $4,149,000. Polar Asset Management Partners Inc. owned 0.63% of Rezolve AI at the end of the most recent quarter.

A number of other large investors have also modified their holdings of RZLV. SBI Securities Co. Ltd. acquired a new position in shares of Rezolve AI in the 4th quarter valued at $38,000. Wolverine Asset Management LLC acquired a new stake in Rezolve AI during the fourth quarter valued at approximately $51,000. RPO LLC bought a new stake in shares of Rezolve AI in the 4th quarter valued at approximately $108,000. Two Sigma Investments LP bought a new stake in shares of Rezolve AI in the 4th quarter valued at approximately $110,000. Finally, Boothbay Fund Management LLC acquired a new position in shares of Rezolve AI in the 4th quarter worth approximately $154,000. 27.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on RZLV shares. Roth Mkm reaffirmed a "buy" rating and issued a $4.00 price target on shares of Rezolve AI in a research note on Wednesday, March 19th. HC Wainwright reaffirmed a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a report on Tuesday, April 29th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and an average price target of $6.00.

Rezolve AI Trading Down 4.8%

Shares of RZLV stock traded down $0.10 on Friday, reaching $2.00. 3,352,846 shares of the stock were exchanged, compared to its average volume of 5,137,093. Rezolve AI Limited has a one year low of $1.07 and a one year high of $12.29. The stock has a 50 day moving average price of $1.77 and a 200 day moving average price of $2.32.

About Rezolve AI

Rezolve AI Plc 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.