Highbridge Capital Management LLC Invests $286,000 in Rezolve AI Limited (NASDAQ:RZLV)

Highbridge Capital Management LLC bought a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 75,000 shares of the company’s stock, valued at approximately $286,000.

Several other hedge funds have also recently added to or reduced their stakes in RZLV. SBI Securities Co. Ltd. acquired a new position in shares of Rezolve AI during the fourth quarter worth approximately $38,000. Wolverine Asset Management LLC acquired a new position in Rezolve AI during the 4th quarter valued at $51,000. Periscope Capital Inc. bought a new stake in Rezolve AI in the 4th quarter valued at $268,000. WINTON GROUP Ltd acquired a new stake in Rezolve AI in the 4th quarter worth $279,000. Finally, K2 Principal Fund L.P. bought a new position in shares of Rezolve AI during the 3rd quarter worth about $881,000. Institutional investors own 27.96% of the company’s stock.

Wall Street Analyst Weigh In

RZLV has been the subject of several research reports. Maxim Group began coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They issued a “buy” rating and a $10.00 target price for the company. D. Boral Capital reissued a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a report on Friday, December 20th. Cantor Fitzgerald started coverage on Rezolve AI in a research note on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price for the company. Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, Northland Capmk raised shares of Rezolve AI to a “strong-buy” rating in a report on Tuesday, December 17th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Rezolve AI presently has an average rating of “Buy” and an average target price of $6.40.

Rezolve AI Trading Up 0.7 %

Rezolve AI stock opened at $1.43 on Friday. Rezolve AI Limited has a 52-week low of $1.27 and a 52-week high of $12.29. The stock has a fifty day moving average price of $2.25 and a two-hundred day moving average price of $3.59.

About Rezolve AI

Rezolve Ai Ltd. 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.