Weiss Asset Management LP Makes New $5.12 Million Investment in Rezolve AI PLC $RZLV

Weiss Asset Management LP bought a new position in Rezolve AI PLC (NASDAQ:RZLV) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 2,000,000 shares of the company’s stock, valued at approximately $5,120,000.

Several other hedge funds have also recently made changes to their positions in the business. Sei Investments Co. raised its position in shares of Rezolve AI by 28.2% during the 1st quarter. Sei Investments Co. now owns 17,781 shares of the company’s stock valued at $46,000 after buying an additional 3,912 shares in the last quarter. Diversified Trust Co grew its position in Rezolve AI by 26.0% in the first quarter. Diversified Trust Co now owns 19,148 shares of the company’s stock worth $49,000 after acquiring an additional 3,946 shares in the last quarter. California State Teachers Retirement System grew its position in Rezolve AI by 72.3% in the fourth quarter. California State Teachers Retirement System now owns 11,042 shares of the company’s stock worth $28,000 after acquiring an additional 4,633 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Rezolve AI by 11.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 50,617 shares of the company’s stock worth $130,000 after acquiring an additional 5,197 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in Rezolve AI by 51.5% during the first quarter. Principal Financial Group Inc. now owns 16,044 shares of the company’s stock worth $41,000 after acquiring an additional 5,456 shares during the last quarter. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a research report on Friday, July 17th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $11.00.

Rezolve AI Stock Performance

Shares of RZLV opened at $2.24 on Monday. Rezolve AI PLC has a twelve month low of $2.05 and a twelve month high of $8.45. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67. The company’s fifty day simple moving average is $2.59 and its 200-day simple moving average is $2.71.

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.