Brown Wealth Management LLC Acquires New Position in Rezolve AI PLC $RZLV

Brown Wealth Management LLC bought a new position in Rezolve AI PLC (NASDAQ:RZLV) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 200,000 shares of the company’s stock, valued at approximately $615,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wolverine Asset Management LLC lifted its holdings in shares of Rezolve AI by 62.1% in the 1st quarter. Wolverine Asset Management LLC now owns 21,453 shares of the company’s stock worth $26,000 after acquiring an additional 8,219 shares during the last quarter. Virtu Financial LLC purchased a new position in Rezolve AI in the 1st quarter worth $44,000. Retireful LLC purchased a new position in Rezolve AI in the 2nd quarter worth $75,000. Vanguard Personalized Indexing Management LLC bought a new stake in Rezolve AI in the second quarter worth $57,000. Finally, Hartford Financial Management Inc. purchased a new stake in Rezolve AI during the second quarter valued at about $31,000. 27.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on RZLV shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Rezolve AI in a report on Wednesday, October 8th. Maxim Group lifted their price target on Rezolve AI from $10.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Wall Street Zen downgraded Rezolve AI from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Northland Securities raised their target price on shares of Rezolve AI from $5.00 to $7.00 and gave the stock an “outperform” rating in a report on Thursday, October 2nd. Finally, Cantor Fitzgerald lifted their target price on shares of Rezolve AI from $5.00 to $7.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Rezolve AI currently has a consensus rating of “Moderate Buy” and an average target price of $9.00.

Rezolve AI Trading Up 4.7%

NASDAQ RZLV opened at $2.88 on Wednesday. Rezolve AI PLC has a fifty-two week low of $1.07 and a fifty-two week high of $8.45. The stock has a 50 day simple moving average of $5.20 and a two-hundred day simple moving average of $3.59.

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.