Themes Management Co LLC bought a new position in Rezolve AI PLC (NASDAQ:RZLV – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 264,884 shares of the company’s stock, valued at approximately $681,000. Themes Management Co LLC owned approximately 0.08% of Rezolve AI as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Rezolve AI by 14.5% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 21,058 shares of the company’s stock valued at $105,000 after acquiring an additional 2,661 shares in the last quarter. Ameritas Investment Partners Inc. increased its holdings in shares of Rezolve AI by 32.1% during the third quarter. Ameritas Investment Partners Inc. now owns 12,254 shares of the company’s stock valued at $61,000 after acquiring an additional 2,975 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of Rezolve AI by 11.8% during the third quarter. SBI Securities Co. Ltd. now owns 30,621 shares of the company’s stock valued at $152,000 after acquiring an additional 3,242 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Rezolve AI by 58.4% during the third quarter. Legal & General Group Plc now owns 16,036 shares of the company’s stock valued at $80,000 after acquiring an additional 5,915 shares in the last quarter. Finally, ProShare Advisors LLC increased its holdings in shares of Rezolve AI by 34.6% during the third quarter. ProShare Advisors LLC now owns 25,080 shares of the company’s stock valued at $125,000 after acquiring an additional 6,444 shares in the last quarter. Institutional investors own 27.96% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the company. HC Wainwright restated a “buy” rating and set a $12.00 price objective on shares of Rezolve AI in a report on Wednesday, February 11th. Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a report on Tuesday, April 21st. Six investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Rezolve AI currently has an average rating of “Moderate Buy” and an average target price of $11.00.
Rezolve AI Stock Performance
Shares of NASDAQ:RZLV opened at $2.63 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.21. Rezolve AI PLC has a 12-month low of $1.90 and a 12-month high of $8.45. The business’s 50 day moving average is $2.63 and its 200 day moving average is $2.81.
Rezolve AI (NASDAQ:RZLV – Get Free Report) last announced its earnings results on Tuesday, March 31st. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.01. The company had revenue of $20.24 million for the quarter, compared to analysts’ expectations of $13.70 million. As a group, equities analysts predict that Rezolve AI PLC will post -0.11 EPS for the current fiscal year.
Insider Activity
In related news, CEO Daniel Maurice Wagner bought 812,956 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The shares were bought at an average price of $4.00 per share, with a total value of $3,251,824.00. Following the completion of the transaction, the chief executive officer directly owned 47,785,117 shares in the company, valued at approximately $191,140,468. This represents a 1.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 68.71% of the stock is currently owned by insiders.
About Rezolve AI
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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