Rezolve AI (NASDAQ:RZLV) CEO Daniel Maurice Wagner Purchases 812,956 Shares

Key Points

• Rezolve AI CEO Daniel Maurice Wagner bought 812,956 shares on April 2 at an average cost of $4.00 per share for a $3.25M transaction, raising his direct ownership to 47,785,117 shares (a 1.73% increase) as disclosed in an SEC filing.
• The stock traded at $2.60 mid-day with volume below average and a 52-week range of $1.47–$8.45, while analysts have a consensus "Moderate Buy" rating (six Buys, one Sell) and an average price target of $11.00.

Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) CEO Daniel Maurice Wagner bought 812,956 shares of the stock in a transaction dated Thursday, April 2nd. The shares were acquired at an average cost of $4.00 per share, for a total transaction of $3,251,824.00. Following the completion of the acquisition, the chief executive officer directly owned 47,785,117 shares of the company's stock, valued at approximately $191,140,468. This trade represents a 1.73% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Rezolve AI Stock Performance

Shares of RZLV traded down $0.20 during mid-day trading on Thursday, hitting $2.60. 15,666,094 shares of the company's stock were exchanged, compared to its average volume of 22,403,129. Rezolve AI PLC has a 52 week low of $1.47 and a 52 week high of $8.45. The stock's 50-day simple moving average is $2.59 and its 200-day simple moving average is $3.18. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.21.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Alliance Global Partners reaffirmed a "buy" rating on shares of Rezolve AI in a report on Wednesday, January 14th. HC Wainwright reaffirmed a "buy" rating and set a $12.00 target price on shares of Rezolve AI in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Rezolve AI in a report on Tuesday. iA Financial set a $14.00 target price on shares of Rezolve AI in a report on Wednesday, January 14th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $8.00 target price on shares of Rezolve AI in a report on Wednesday, January 14th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $11.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. bought a new position in Rezolve AI in the second quarter valued at approximately $31,000. Legal & General Group Plc bought a new position in Rezolve AI in the second quarter valued at approximately $31,000. AXQ Capital LP bought a new position in Rezolve AI in the third quarter valued at approximately $54,000. California State Teachers Retirement System increased its stake in Rezolve AI by 72.3% in the fourth quarter. California State Teachers Retirement System now owns 11,042 shares of the company's stock valued at $28,000 after acquiring an additional 4,633 shares during the last quarter. Finally, Principal Financial Group Inc. bought a new position in Rezolve AI in the third quarter valued at approximately $56,000. 27.96% of the stock is owned by institutional investors.

Rezolve AI Company 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.

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