Key Points
- Paresh Patel, Exzeo's CEO, has been actively buying shares — making seven purchases of 2,000 shares each between March 17 and April 10 (totaling 14,000 shares), most recently acquiring 2,000 shares at $15.38, bringing his direct stake to 1,608,013 shares (≈$24.7M).
- Exzeo beat expectations last quarter with EPS $0.25 vs $0.13 expected and revenue of $53.32M vs $41.5M expected, and analysts have an average "Moderate Buy" rating with a consensus target of $26.00.
- Shares trade around $15.31 (50-day SMA $15.52), with a market cap of $1.39B, a P/E of 30.62, and a 52-week range of $12.91–$24.60.
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel purchased 2,000 shares of the business's stock in a transaction on Friday, April 10th. The stock was acquired at an average price of $15.38 per share, with a total value of $30,760.00. Following the completion of the acquisition, the chief executive officer directly owned 1,608,013 shares in the company, valued at $24,731,239.94. The trade was a 0.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Paresh Patel also recently made the following trade(s):
- On Wednesday, April 8th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $15.05 per share, with a total value of $30,100.00.
- On Monday, April 6th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $14.26 per share, with a total value of $28,520.00.
- On Wednesday, April 1st, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $14.94 per share, with a total value of $29,880.00.
- On Monday, March 23rd, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $14.93 per share, with a total value of $29,860.00.
- On Thursday, March 19th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $15.36 per share, with a total value of $30,720.00.
- On Tuesday, March 17th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was 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 $15.31 on Tuesday. The company has a fifty day simple moving average of $15.52. The firm has a market cap of $1.39 billion and a P/E ratio of 30.62. Exzeo Group, Inc. has a fifty-two week low of $12.91 and a fifty-two week high of $24.60.
Exzeo Group (NYSE:XZO - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.12. The company had revenue of $53.32 million for the quarter, compared to analysts' expectations of $41.50 million.
Institutional Trading of Exzeo Group
Institutional investors have recently made changes to their positions in the stock. Ionic Capital Management LLC purchased a new stake in shares of Exzeo Group during the 4th quarter valued at $328,000. Verition Fund Management LLC purchased a new stake in Exzeo Group during the 4th quarter worth $532,000. HRT Financial LP purchased a new stake in Exzeo Group during the 4th quarter worth $754,000. Jane Street Group LLC purchased a new stake in Exzeo Group during the 4th quarter worth $1,187,000. Finally, Legato Capital Management LLC purchased a new stake in Exzeo Group during the 4th quarter worth $1,475,000.
Wall Street Analysts Forecast Growth
XZO has been the subject of several research reports. Weiss Ratings initiated coverage on shares of Exzeo Group in a research note on Monday, February 2nd. They set a "hold (c-)" rating for the company. Wall Street Zen raised shares of Exzeo Group from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $26.00.
Read Our Latest Stock Report on XZO
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
