Wolverine Asset Management LLC Purchases Shares of 13,234 Rezolve AI Limited (NASDAQ:RZLV)

Wolverine Asset Management LLC bought a new position in shares of Rezolve AI Limited (NASDAQ:RZLV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,234 shares of the company’s stock, valued at approximately $51,000.

Separately, K2 Principal Fund L.P. bought a new stake in shares of Rezolve AI in the third quarter valued at approximately $881,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Stock Performance

RZLV stock opened at $2.43 on Tuesday. Rezolve AI Limited has a 12 month low of $1.57 and a 12 month high of $12.29. The firm has a 50-day moving average price of $3.11.

Analyst Ratings Changes

Several brokerages have weighed in on RZLV. Northland Securities initiated coverage on Rezolve AI in a report on Wednesday, December 18th. They issued an “outperform” rating and a $5.00 price objective for the company. Maxim Group assumed coverage on Rezolve AI in a research report on Thursday, January 16th. They issued a “buy” rating and a $10.00 price target on the stock. Roth Mkm began coverage on shares of Rezolve AI in a research report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price objective for the company. D. Boral Capital reiterated a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a research note on Friday, December 20th. 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 issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $6.40.

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.