Polar Asset Management Partners Inc. Buys Shares of 1,086,250 Rezolve AI Limited (NASDAQ:RZLV)

Polar Asset Management Partners Inc. bought a new position in shares of Rezolve AI Limited (NASDAQ:RZLV - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. SBI Securities Co. Ltd. acquired a new stake in shares of Rezolve AI in the 4th quarter valued at approximately $38,000. Wolverine Asset Management LLC acquired a new position in shares of Rezolve AI during the 4th quarter worth $51,000. RPO LLC purchased a new position in shares of Rezolve AI in the 4th quarter valued at about $108,000. Two Sigma Investments LP purchased a new position in shares of Rezolve AI in the 4th quarter valued at about $110,000. Finally, Boothbay Fund Management LLC acquired a new stake in shares of Rezolve AI in the fourth quarter valued at about $154,000. Hedge funds and other institutional investors own 27.96% of the company's stock.

Rezolve AI Price Performance

RZLV traded down $0.12 during trading hours on Friday, reaching $1.98. 3,426,029 shares of the stock traded hands, compared to its average volume of 5,137,703. Rezolve AI Limited has a fifty-two week low of $1.07 and a fifty-two week high of $12.29. The firm's fifty day simple moving average is $1.78 and its two-hundred day simple moving average is $2.29.

Analyst Ratings Changes

RZLV has been the topic of several research analyst reports. HC Wainwright reissued a "buy" rating and set a $4.00 price target on shares of Rezolve AI in a research note on Tuesday, April 29th. Roth Mkm reaffirmed a "buy" rating and set a $4.00 price objective on shares of Rezolve AI in a report on Wednesday, March 19th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Rezolve AI presently has a consensus rating of "Buy" and an average target price of $6.00.

Rezolve AI Company Profile

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.