Key Points
- Exzeo CEO Paresh Patel purchased 2,000 shares on April 27 at $16.88, bringing his holdings to 1,630,013 shares valued at about $27.5 million (a 0.12% increase).
- Patel executed 11 insider buys in April, totaling 22,000 shares purchased at prices ranging roughly from $14.26 to $17.48, indicating sustained insider accumulation during the month.
- Exzeo recently beat quarterly expectations (EPS $0.25 vs. $0.13; revenue $53.32M vs. $41.5M), has a $1.51B market cap, and a consensus analyst price target of $26 with a "Moderate Buy" rating.
Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel bought 2,000 shares of Exzeo Group stock in a transaction that occurred on Monday, April 27th. The stock was bought at an average cost of $16.88 per share, for a total transaction of $33,760.00. Following the purchase, the chief executive officer owned 1,630,013 shares in the company, valued at $27,514,619.44. This represents a 0.12% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Paresh Patel also recently made the following trade(s):
- On Friday, April 24th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average cost of $16.21 per share, for a total transaction of $32,420.00.
- On Wednesday, April 22nd, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average cost 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 stock was acquired at an average price 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 stock was acquired at an average price of $16.94 per share, with a total value of $33,880.00.
- On Wednesday, April 15th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price 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 stock was acquired at an average price of $15.13 per share, with a total value of $30,260.00.
- On Friday, April 10th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $15.38 per share, with a total value of $30,760.00.
- 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.
Exzeo Group Price Performance
Shares of XZO opened at $16.66 on Wednesday. The company has a fifty day simple moving average of $15.57. The firm has a market cap of $1.51 billion and a P/E ratio of 33.33. 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 issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.25 earnings per share for the quarter, beating 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. As a group, research analysts anticipate that Exzeo Group, Inc. will post 0.89 earnings per share for the current year.
Wall Street Analysts Forecast Growth
XZO has been the subject of several analyst reports. Wall Street Zen upgraded Exzeo Group from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Weiss Ratings initiated coverage on 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 issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $26.00.
Read Our Latest Report on XZO
Institutional Trading of Exzeo Group
A number of institutional investors and hedge funds have recently made changes to their positions in XZO. Ionic Capital Management LLC acquired a new stake in shares of Exzeo Group during the 4th quarter worth $328,000. Verition Fund Management LLC acquired a new stake in shares of Exzeo Group during the 4th quarter worth $532,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Exzeo Group during the 1st quarter worth $678,000. HRT Financial LP acquired a new stake in shares of Exzeo Group during the 4th quarter worth $754,000. Finally, Jane Street Group LLC acquired a new stake in shares of Exzeo Group during the 4th quarter worth $1,187,000.
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.
Further Reading
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