Key Points
- Paresh Patel, Exzeo's CEO, bought 2,000 shares on April 17 as part of a string of ten purchases between March 17 and April 17 — a total of 20,000 shares for about $308,200 — bringing his holdings to 1,618,013 shares (a 0.12% increase).
- Exzeo (NYSE:XZO) is trading around $17.29 with a 50‑day average of $15.44, a 52‑week range of $12.91–$24.60, a market cap of $1.57 billion and a P/E of about 34.6.
- The company recently beat quarterly estimates (EPS $0.25 vs $0.13 expected; revenue $53.32M vs $41.5M) and analysts have a consensus rating of "Moderate Buy" with a $26 price target.
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel purchased 2,000 shares of the firm's stock in a transaction that occurred on Friday, April 17th. The stock was bought at an average cost of $16.94 per share, for a total transaction of $33,880.00. Following the purchase, the chief executive officer owned 1,618,013 shares in the company, valued at $27,409,140.22. This represents a 0.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Paresh Patel also recently made the following trade(s):
- On Wednesday, April 15th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $16.43 per share, with a total value of $32,860.00.
- On Monday, April 13th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $15.13 per share, with a total value of $30,260.00.
- On Friday, April 10th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought 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 shares were bought at an average cost of $15.05 per share, for a total transaction of $30,100.00.
- On Monday, April 6th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $14.26 per share, for a total transaction of $28,520.00.
- On Wednesday, April 1st, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $14.94 per share, for a total transaction of $29,880.00.
- On Monday, March 23rd, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $14.93 per share, for a total transaction of $29,860.00.
- On Thursday, March 19th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $15.36 per share, for a total transaction of $30,720.00.
- On Tuesday, March 17th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $15.68 per share, for a total transaction of $31,360.00.
Exzeo Group Stock Performance
NYSE:XZO opened at $17.29 on Tuesday. The stock's fifty day moving average price is $15.44. Exzeo Group, Inc. has a 52-week low of $12.91 and a 52-week high of $24.60. The firm has a market cap of $1.57 billion and a P/E ratio of 34.58.
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 for the quarter, topping the consensus estimate of $0.13 by $0.12. The firm had revenue of $53.32 million for the quarter, compared to the consensus estimate of $41.50 million. Analysts forecast that Exzeo Group, Inc. will post 0.89 EPS for the current fiscal year.
Hedge Funds Weigh In On Exzeo Group
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. HBK Investments L P bought a new position in Exzeo Group during the fourth quarter worth about $1,940,000. Zimmer Partners LP bought a new position in Exzeo Group during the fourth quarter worth about $1,819,000. Jane Street Group LLC bought a new position in Exzeo Group during the fourth quarter worth about $1,187,000. HRT Financial LP bought a new position in Exzeo Group during the fourth quarter worth about $754,000. Finally, Verition Fund Management LLC bought a new position in Exzeo Group during the fourth quarter worth about $532,000.
Wall Street Analyst Weigh In
Several analysts have weighed in on XZO shares. Wall Street Zen raised Exzeo Group from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Weiss Ratings started coverage on shares of Exzeo Group in a report on Monday, February 2nd. They set a "hold (c-)" rating for the company. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Exzeo Group has a consensus rating of "Moderate Buy" and a consensus price target of $26.00.
Read Our Latest Stock Report on Exzeo Group
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.
Featured Articles
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].
