Key Points
- CEO Paresh Patel bought 2,000 shares on April 1 at $14.94 (about $29,880), bringing his holdings to 1,596,013 shares (a 0.13% increase); this purchase and three other 2,000-share buys in March were made under a pre‑arranged Rule 10b5‑1 plan.
- Exzeo recently posted an earnings beat ($0.25 EPS vs. $0.13 expected; revenue $53.32M vs. $41.5M est.), and analysts give a "Moderate Buy" consensus with an average $26 price target while the stock trades near $14–16 (market cap ~$1.3B, P/E ~28.5).
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel purchased 2,000 shares of the firm's stock in a transaction on Wednesday, April 1st. The shares were acquired at an average cost of $14.94 per share, with a total value of $29,880.00. Following the completion of the acquisition, the chief executive officer directly owned 1,596,013 shares in the company, valued at $23,844,434.22. The trade was a 0.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paresh Patel also recently made the following trade(s):
- On Monday, March 23rd, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $14.93 per share, for a total transaction of $29,860.00.
- On Thursday, March 19th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $15.36 per share, for a total transaction of $30,720.00.
- On Tuesday, March 17th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average price of $15.68 per share, with a total value of $31,360.00.
Exzeo Group Price Performance
Shares of XZO opened at $14.26 on Friday. The firm has a market capitalization of $1.30 billion and a P/E ratio of 28.52. Exzeo Group, Inc. has a 52-week low of $12.91 and a 52-week high of $24.60. The company has a 50 day simple moving average of $16.36.
Exzeo Group (NYSE:XZO - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.12. The company had revenue of $53.32 million for the quarter, compared to analyst estimates of $41.50 million.
Institutional Investors Weigh In On Exzeo Group
Several large investors have recently modified their holdings of XZO. Ionic Capital Management LLC purchased a new position in shares of Exzeo Group during the fourth quarter worth approximately $328,000. Verition Fund Management LLC purchased a new stake in Exzeo Group in the 4th quarter valued at $532,000. HRT Financial LP acquired a new stake in Exzeo Group during the 4th quarter worth $754,000. Jane Street Group LLC acquired a new stake in Exzeo Group during the 4th quarter worth $1,187,000. Finally, Legato Capital Management LLC purchased a new position in Exzeo Group during the 4th quarter worth $1,475,000.
Analyst Ratings Changes
A number of brokerages recently weighed in on XZO. Wall Street Zen raised shares of Exzeo Group from a "hold" rating to a "buy" rating in a research report on Saturday, March 7th. Weiss Ratings started coverage on Exzeo Group in a research report on Monday, February 2nd. They set a "hold (c-)" rating on the stock. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Exzeo Group presently has an average rating of "Moderate Buy" and an average price target of $26.00.
View Our Latest Analysis on XZO
Exzeo Group Company Profile
(
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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