Paresh Patel Purchases 2,000 Shares of Exzeo Group (NYSE:XZO) Stock

Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel bought 2,000 shares of Exzeo Group stock in a transaction dated Friday, May 1st. The stock was acquired at an average cost of $16.53 per share, for a total transaction of $33,060.00. Following the completion of the transaction, the chief executive officer directly owned 1,638,013 shares in the company, valued at approximately $27,076,354.89. This trade represents a 0.12% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Paresh Patel also recently made the following trade(s):

• On Wednesday, April 29th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $16.22 per share, for a total transaction of $32,440.00.
• On Monday, April 27th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $16.88 per share, for a total transaction of $33,760.00.
• On Friday, April 24th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $16.21 per share, for a total transaction of $32,420.00.
• On Wednesday, April 22nd, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $16.46 per share, for a total transaction of $32,920.00.
• On Monday, April 20th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $17.48 per share, for a total transaction of $34,960.00.
• On Friday, April 17th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $16.94 per share, for a total transaction of $33,880.00.
• On Wednesday, April 15th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost 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 purchased at an average cost of $15.13 per share, for a total transaction 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 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 purchased at an average cost of $15.05 per share, for a total transaction of $30,100.00.

Exzeo Group Stock Performance

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Shares of NYSE XZO opened at $16.15 on Tuesday. The company's 50-day moving average is $15.57. The stock has a market cap of $1.47 billion and a P/E ratio of 32.30. Exzeo Group, Inc. has a 52-week low of $12.91 and a 52-week high of $24.60.

Exzeo Group (NYSE:XZO - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.12. The company had revenue of $53.32 million for the quarter, compared to analysts' expectations of $41.50 million. As a group, equities research analysts forecast that Exzeo Group, Inc. will post 0.89 EPS for the current fiscal year.

Hedge Funds Weigh In On Exzeo Group

Several institutional investors have recently made changes to their positions in the business. Ionic Capital Management LLC bought a new position in shares of Exzeo Group in the 4th quarter worth approximately $328,000. Verition Fund Management LLC bought a new position in shares of Exzeo Group in the 4th quarter worth approximately $532,000. HRT Financial LP bought a new position in shares of Exzeo Group in the 4th quarter worth approximately $754,000. Y Intercept Hong Kong Ltd bought a new position in shares of Exzeo Group in the 1st quarter worth approximately $678,000. Finally, Jane Street Group LLC bought a new position in shares of Exzeo Group in the 4th quarter worth approximately $1,187,000.

Analyst Ratings Changes

A number of brokerages have recently issued reports on XZO. 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 downgraded shares of Exzeo Group from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, April 29th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $26.00.

Check Out Our Latest Stock Report on XZO

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

• Five stocks we like better than Exzeo Group

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