Key Points
- General Counsel Brook Armstrong Baker purchased 10,020 shares of Exzeo Group (NYSE:XZO) on Dec. 18 at an average price of $19.58, spending about $196,192 and increasing his stake to 248,026 shares (a 4.21% rise).
- The purchase was part of a coordinated insider buying spree—President Kevin Andrew Mitchell bought 12,510 shares and CFO Suela Bulku bought 10,020 shares the same day—an action commonly interpreted as management signaling confidence in the company.
- Exzeo recently beat quarterly estimates with $0.25 EPS vs. $0.21 expected and $55.17 million revenue vs. $54.40 million, and analysts hold a consensus "Moderate Buy" with an average target of $26; the stock trades between $12.91 and $23.50 over the past 52 weeks and opened at $22.
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) General Counsel Brook Armstrong Baker bought 10,020 shares of Exzeo Group stock in a transaction dated Thursday, December 18th. The shares were acquired at an average cost of $19.58 per share, for a total transaction of $196,191.60. Following the completion of the purchase, the general counsel directly owned 248,026 shares of the company's stock, valued at approximately $4,856,349.08. This trade represents a 4.21% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Exzeo Group Price Performance
Shares of XZO stock opened at $22.00 on Tuesday. Exzeo Group, Inc. has a 52 week low of $12.91 and a 52 week high of $23.50.
Exzeo Group (NYSE:XZO - Get Free Report) last issued its quarterly earnings data on Wednesday, December 10th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.04. The company had revenue of $55.17 million for the quarter, compared to analysts' expectations of $54.40 million.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on XZO. Zacks Research upgraded Exzeo Group to a "hold" rating in a report on Tuesday, December 2nd. William Blair began coverage on Exzeo Group in a research report on Monday, December 1st. They set an "outperform" rating on the stock. Citizens Jmp began coverage on Exzeo Group in a report on Monday, December 1st. They issued a "market outperform" rating and a $27.00 price objective for the company. Wall Street Zen raised Exzeo Group to a "hold" rating in a research report on Monday, November 17th. Finally, Truist Financial initiated coverage on shares of Exzeo Group in a research report on Monday, December 1st. They issued a "buy" rating and a $25.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $26.00.
Get Our Latest Report on Exzeo Group
Exzeo Group News Roundup
Here are the key news stories impacting Exzeo Group this week:
- Positive Sentiment: Top executives completed sizable open‑market buys: President Kevin Andrew Mitchell purchased 12,510 shares at an average $19.58 on Dec. 18, raising his stake to 715,135 shares. This is a direct vote of confidence from the president. SEC Filing - Mitchell
- Positive Sentiment: CFO Suela Bulku bought 10,020 shares at roughly $19.58, increasing her holdings to 314,874 shares (a ~3.29% increase). Insider buying by the CFO tends to be read as confidence in upcoming financial performance. SEC Filing - Bulku
- Positive Sentiment: General Counsel Brook Armstrong Baker purchased 10,020 shares at about $19.58, boosting his stake to 248,026 shares (a ~4.21% increase). Multiple insiders buying at similar prices strengthens the signal. SEC Filing - Baker
- Positive Sentiment: Market summaries and coverage note this as a coordinated insider buying spree — an item that often supports the stock when retail and institutional investors view management purchases as alignment with shareholder interests. TipRanks: Top Executives Buying
- Neutral Sentiment: CEO Paresh Patel adopted a Rule 10b5‑1 trading plan on Dec. 18. A 10b5‑1 plan can mean scheduled purchases (which is constructive) but also can be used for prearranged sales; the market reaction depends on plan details and timing. TipRanks: CEO 10b5-1 Plan
- Neutral Sentiment: Comparative pieces (e.g., head‑to‑head analyses with peers) are circulating but don’t contain company‑specific catalysts; they serve more as context for investors assessing relative valuation and strategy. AmericanBankingNews: Peer Analysis
About Exzeo Group
(
Get Free Report)
Exzeo provides turnkey insurance technology and operations solutions to insurance carriers and their agents based on a proprietary platform of purpose-built software and data analytics applications that are specifically designed for the property and casualty, or P&C, insurance ecosystem. Exzeo's Insurance-as-a-Service (IaaS) platform, which we refer to as the “Exzeo Platform,” currently includes nine highly configurable software and data analytics applications that are purpose-built to serve insurance companies and other customers in the insurance value chain.
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