Jane Street Group LLC Purchases New Holdings in Rezolve AI Limited (NASDAQ:RZLV)

Jane Street Group LLC purchased a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 431,829 shares of the company’s stock, valued at approximately $1,650,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RZLV. Wolverine Asset Management LLC bought a new position in Rezolve AI during the fourth quarter valued at about $51,000. SBI Securities Co. Ltd. bought a new position in Rezolve AI during the fourth quarter valued at about $38,000. Periscope Capital Inc. acquired a new stake in Rezolve AI during the fourth quarter valued at approximately $268,000. WINTON GROUP Ltd acquired a new stake in Rezolve AI during the fourth quarter valued at approximately $279,000. Finally, Highbridge Capital Management LLC acquired a new stake in Rezolve AI during the fourth quarter valued at approximately $286,000. 27.96% of the stock is currently owned by institutional investors.

Rezolve AI Stock Performance

NASDAQ RZLV opened at $2.41 on Monday. Rezolve AI Limited has a one year low of $1.07 and a one year high of $12.29. The stock’s 50 day simple moving average is $1.68 and its 200 day simple moving average is $2.43.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Roth Mkm reaffirmed a “buy” rating and set a $4.00 price objective on shares of Rezolve AI in a report on Wednesday, March 19th. HC Wainwright reaffirmed a “buy” rating and set a $4.00 price objective on shares of Rezolve AI in a report on Tuesday, April 29th. Six equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $6.00.

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.