Key Points
- CEO Paresh Patel executed a series of insider buys (11 purchases from March 23–April 24), acquiring 22,000 shares for about $346,420 and increasing his holding to 1,628,013 shares (≈$26.39M), with the April 24 trade of 2,000 shares at $16.21 totaling $32,420.00.
- Exzeo (NYSE:XZO) has a market cap of $1.49B, a P/E of 32.75 and a 50‑day average of $15.54, and analysts give it a consensus "Moderate Buy" rating with an average price target of $26.00.
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel purchased 2,000 shares of Exzeo Group stock in a transaction dated Friday, April 24th. The shares were purchased at an average price of $16.21 per share, for a total transaction of $32,420.00. Following the completion of the acquisition, the chief executive officer owned 1,628,013 shares of the company's stock, valued at approximately $26,390,090.73. The trade was a 0.12% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Paresh Patel also recently made the following trade(s):
- On Wednesday, April 22nd, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $16.46 per share, for a total transaction of $32,920.00.
- On Monday, April 20th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $17.48 per share, for a total transaction of $34,960.00.
- On Friday, April 17th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price 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 shares were purchased at an average price of $16.43 per share, for a total transaction of $32,860.00.
- On Monday, April 13th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $15.13 per share, for a total transaction of $30,260.00.
- On Friday, April 10th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $15.38 per share, for a total transaction of $30,760.00.
- On Wednesday, April 8th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $15.05 per share, for a total transaction of $30,100.00.
- On Monday, April 6th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were 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 price of $14.94 per share, for a total transaction 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, for a total transaction of $29,860.00.
Exzeo Group Stock Performance
NYSE:XZO opened at $16.37 on Tuesday. The company has a market capitalization of $1.49 billion and a PE ratio of 32.75. The business's 50-day moving average price is $15.54. Exzeo Group, Inc. has a 1-year low of $12.91 and a 1-year high of $24.60.
Exzeo Group (NYSE:XZO - Get Free Report) last released its quarterly earnings results 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. Equities analysts forecast that Exzeo Group, Inc. will post 0.89 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several brokerages recently commented on XZO. Wall Street Zen upgraded Exzeo Group from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Weiss Ratings began coverage on Exzeo Group in a report on Monday, February 2nd. They issued a "hold (c-)" rating on the stock. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $26.00.
Check Out Our Latest Report on XZO
Hedge Funds Weigh In On Exzeo Group
A number of institutional investors and hedge funds have recently modified their holdings of XZO. Ophir Asset Management Pty Ltd bought a new position in shares of Exzeo Group during the 4th quarter worth approximately $23,907,000. Janus Henderson Group PLC bought a new position in shares of Exzeo Group during the 4th quarter worth approximately $14,991,000. Jennison Associates LLC bought a new position in shares of Exzeo Group during the 4th quarter worth approximately $14,096,000. Goldman Sachs Group Inc. bought a new position in shares of Exzeo Group during the 4th quarter worth approximately $12,551,000. Finally, Essex Investment Management Co. LLC bought a new position in shares of Exzeo Group during the 4th quarter worth approximately $7,059,000.
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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