Key Points
- CEO Paresh Patel bought 2,000 shares on April 13 at $15.13 as part of eight purchases since March 17 (16,000 shares total, ~ $241,460), bringing his holdings to 1,610,013 shares valued at about $24.36M — a 0.12% increase in his stake.
- Shares opened at $16.22 (up 5.3%); Exzeo recently beat quarterly estimates with $0.25 EPS vs. $0.13 expected and $53.32M revenue vs. $41.50M, and analysts have an average rating of "Moderate Buy" with a $26 target.
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel purchased 2,000 shares of Exzeo Group stock in a transaction on Monday, April 13th. The stock was acquired at an average cost of $15.13 per share, for a total transaction of $30,260.00. Following the acquisition, the chief executive officer directly owned 1,610,013 shares of the company's stock, valued at approximately $24,359,496.69. This represents a 0.12% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Paresh Patel also recently made the following trade(s):
- On Friday, April 10th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $15.38 per share, for a total transaction of $30,760.00.
- On Wednesday, April 8th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $15.05 per share, with a total value of $30,100.00.
- On Monday, April 6th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $14.26 per share, with a total value of $28,520.00.
- On Wednesday, April 1st, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $14.94 per share, with a total value of $29,880.00.
- On Monday, March 23rd, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost 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 shares were bought at an average cost 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 shares were bought at an average cost of $15.68 per share, with a total value of $31,360.00.
Exzeo Group Stock Up 5.3%
Shares of XZO stock opened at $16.22 on Wednesday. Exzeo Group, Inc. has a one year low of $12.91 and a one year high of $24.60. The stock's 50 day moving average is $15.48. The firm has a market capitalization of $1.47 billion and a price-to-earnings ratio of 32.43.
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 (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.12. The business had revenue of $53.32 million during the quarter, compared to analyst estimates of $41.50 million.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Ionic Capital Management LLC bought a new position in shares of Exzeo Group in the 4th quarter worth about $328,000. Verition Fund Management LLC acquired a new stake in shares of Exzeo Group in the 4th quarter worth about $532,000. HRT Financial LP acquired a new stake in shares of Exzeo Group in the 4th quarter worth about $754,000. Jane Street Group LLC acquired a new stake in shares of Exzeo Group in the 4th quarter worth about $1,187,000. Finally, Legato Capital Management LLC acquired a new stake in shares of Exzeo Group in the 4th quarter worth about $1,475,000.
Analyst Ratings Changes
XZO has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of Exzeo Group from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Weiss Ratings initiated coverage on shares of Exzeo Group in a report on Monday, February 2nd. They set a "hold (c-)" rating for the company. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $26.00.
Get 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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