Wolverine Asset Management LLC Buys 8,219 Shares of Rezolve AI PLC (NASDAQ:RZLV)

Wolverine Asset Management LLC grew its stake in shares of Rezolve AI PLC (NASDAQ:RZLV) by 62.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,453 shares of the company’s stock after buying an additional 8,219 shares during the period. Wolverine Asset Management LLC’s holdings in Rezolve AI were worth $26,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. FNY Investment Advisers LLC bought a new position in Rezolve AI during the first quarter valued at $30,000. SBI Securities Co. Ltd. lifted its position in Rezolve AI by 192.5% during the first quarter. SBI Securities Co. Ltd. now owns 28,883 shares of the company’s stock valued at $35,000 after purchasing an additional 19,010 shares during the last quarter. Summit Trail Advisors LLC bought a new position in Rezolve AI during the first quarter valued at $40,000. B. Riley Wealth Advisors Inc. bought a new position in Rezolve AI during the fourth quarter valued at $88,000. Finally, Schechter Investment Advisors LLC bought a new position in Rezolve AI during the first quarter valued at $107,000. Institutional investors own 27.96% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on RZLV shares. Alliance Global Partners started coverage on shares of Rezolve AI in a research report on Friday, August 1st. They set a “buy” rating and a $8.50 price objective on the stock. HC Wainwright reiterated a “buy” rating and set a $4.00 price objective on shares of Rezolve AI in a research report on Friday, June 13th. Seven analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $6.36.

Rezolve AI Price Performance

Shares of RZLV opened at $3.02 on Tuesday. Rezolve AI PLC has a 12-month low of $1.07 and a 12-month high of $12.29. The firm has a fifty day moving average price of $2.59 and a 200-day moving average price of $2.19.

Rezolve AI 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.