SBI Securities Co. Ltd. Makes New Investment in Rezolve AI Limited (NASDAQ:RZLV)

SBI Securities Co. Ltd. purchased a new position in Rezolve AI Limited (NASDAQ:RZLV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 9,873 shares of the company’s stock, valued at approximately $38,000.

Separately, K2 Principal Fund L.P. acquired a new stake in shares of Rezolve AI in the third quarter worth about $881,000. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

Rezolve AI Stock Performance

Shares of RZLV opened at $1.41 on Wednesday. Rezolve AI Limited has a 12-month low of $1.27 and a 12-month high of $12.29. The firm’s 50-day moving average price is $2.70.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Roth Mkm assumed coverage on Rezolve AI in a research report on Tuesday, December 10th. They issued a “buy” rating and a $4.00 price target for the company. D. Boral Capital reissued a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a research report on Friday, December 20th. Northland Capmk raised Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 17th. Roth Capital raised Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Finally, Northland Securities initiated coverage on Rezolve AI in a research report on Wednesday, December 18th. They set an “outperform” rating and a $5.00 price objective for the company. Five investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $6.40.

Rezolve AI Profile

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.