Key Points
- CEO Paresh Patel purchased 2,000 shares on April 22 at $16.46, part of a streak of 11 buys since March 19 totaling 22,000 shares, bringing his direct holding to 1,624,013 shares (a 0.12% increase).
- Exzeo recently topped expectations with EPS $0.25 vs. $0.13 and revenue of $53.32M versus $41.5M, and analysts hold a consensus "Moderate Buy" rating with an average target of $26.00.
- The stock opened at $16.40 (down ~2.3%), with a market cap of $1.49B, a P/E of 32.8, and a 50-day moving average of $15.50.
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel bought 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 22nd. The stock was bought at an average cost of $16.46 per share, for a total transaction of $32,920.00. Following the completion of the transaction, the chief executive officer directly owned 1,624,013 shares of the company's stock, valued at approximately $26,731,253.98. The trade was a 0.12% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Paresh Patel also recently made the following trade(s):
- On Monday, April 20th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $17.48 per share, with a total value of $34,960.00.
- On Friday, April 17th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $16.94 per share, for a total transaction of $33,880.00.
- On Wednesday, April 15th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $16.43 per share, for a total transaction of $32,860.00.
- On Monday, April 13th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought 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 purchased at an average price of $15.38 per share, with a total value of $30,760.00.
- On Wednesday, April 8th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $15.05 per share, for a total transaction of $30,100.00.
- On Monday, April 6th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $14.26 per share, for a total transaction of $28,520.00.
- On Wednesday, April 1st, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost 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 shares were purchased 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 shares were purchased at an average price of $15.36 per share, with a total value of $30,720.00.
Exzeo Group Trading Down 2.3%
Exzeo Group stock opened at $16.40 on Friday. The stock has a market cap of $1.49 billion and a P/E ratio of 32.80. Exzeo Group, Inc. has a 12 month low of $12.91 and a 12 month high of $24.60. The stock has a 50-day moving average price of $15.50.
Exzeo Group (NYSE:XZO - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.12. The firm had revenue of $53.32 million for the quarter, compared to analysts' expectations of $41.50 million. Analysts expect that Exzeo Group, Inc. will post 0.89 EPS for the current fiscal year.
Wall Street Analyst Weigh In
XZO has been the subject of several recent research reports. 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 initiated coverage on shares of Exzeo Group in a report on Monday, February 2nd. They set a "hold (c-)" rating on the stock. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Exzeo Group currently has a consensus rating of "Moderate Buy" and an average target price of $26.00.
View Our Latest Report on XZO
Institutional Investors Weigh In On Exzeo Group
A number of large investors have recently modified their holdings of the stock. Balyasny Asset Management L.P. purchased a new stake in shares of Exzeo Group during the 4th quarter valued at about $2,425,000. HBK Investments L P purchased a new position in Exzeo Group in the 4th quarter worth approximately $1,940,000. Jane Street Group LLC acquired a new stake in Exzeo Group in the fourth quarter valued at approximately $1,187,000. HRT Financial LP acquired a new stake in Exzeo Group in the fourth quarter valued at approximately $754,000. Finally, Verition Fund Management LLC purchased a new stake in shares of Exzeo Group during the fourth quarter valued at approximately $532,000.
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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