Exzeo Group (NYSE:XZO) Shares Gap Up After Insider Buying Activity

Exzeo Group, Inc. (NYSE:XZOGet Free Report) gapped up before the market opened on Tuesday following insider buying activity. The stock had previously closed at $22.03, but opened at $23.00. Exzeo Group shares last traded at $22.40, with a volume of 28,201 shares.

Specifically, General Counsel Brook Armstrong Baker bought 10,020 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were purchased at an average price of $19.58 per share, for a total transaction of $196,191.60. Following the acquisition, the general counsel directly owned 248,026 shares of the company’s stock, valued at $4,856,349.08. The trade was a 4.21% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Suela Bulku purchased 10,020 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were acquired at an average price of $19.58 per share, with a total value of $196,191.60. Following the completion of the acquisition, the chief financial officer owned 314,874 shares of the company’s stock, valued at approximately $6,165,232.92. The trade was a 3.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In related news, President Kevin Andrew Mitchell purchased 12,510 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were bought at an average cost of $19.58 per share, for a total transaction of $244,945.80. Following the transaction, the president directly owned 715,135 shares of the company’s stock, valued at approximately $14,002,343.30. This trade represents a 1.78% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Analyst Ratings Changes

A number of analysts recently weighed in on XZO shares. William Blair initiated coverage on shares of Exzeo Group in a research report on Monday, December 1st. They issued an “outperform” rating for the company. Citizens Jmp assumed coverage on shares of Exzeo Group in a research report on Monday, December 1st. They set a “market outperform” rating and a $27.00 target price on the stock. Truist Financial assumed coverage on Exzeo Group in a research report on Monday, December 1st. They set a “buy” rating and a $25.00 target price for the company. Zacks Research upgraded Exzeo Group to a “hold” rating in a report on Tuesday, December 2nd. Finally, Wall Street Zen upgraded Exzeo Group to a “hold” rating in a report on Monday, November 17th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $26.00.

View Our Latest Research Report on XZO

More Exzeo Group News

Here are the key news stories impacting Exzeo Group this week:

  • Positive Sentiment: President Kevin Andrew Mitchell bought 12,510 shares at an average ~$19.58 on Dec. 18, increasing his stake to ~715,135 shares — a large, public purchase from the company president. Read More.
  • Positive Sentiment: CFO Suela Bulku purchased 10,020 shares at roughly $19.58, raising her holding to ~314,874 shares; insider buying by the CFO is often read as confidence in upcoming financial results. Read More.
  • Positive Sentiment: General Counsel Brook Armstrong Baker acquired 10,020 shares at an average $19.58, boosting his position to ~248,026 shares — another meaningful insider buy reinforcing the signal. Read More.
  • Positive Sentiment: Market outlets describe these moves as a coordinated insider buying spree, which can drive investor interest and buying momentum when management purchases are viewed as alignment with shareholders. Read More.
  • Positive Sentiment: Recent quarter (reported Dec. 10) beat estimates — EPS $0.25 vs. $0.21 and revenue ~$55.2M vs. ~$54.4M consensus — a fundamental catalyst that supports the insider buying narrative. Read More.
  • Positive Sentiment: Analyst coverage has been supportive since the IPO/coverages began (multiple Buy/Outperform ratings and an average target in the mid‑$20s), providing additional validation for investors considering the stock. Read More.
  • Neutral Sentiment: CEO Paresh Patel adopted a Rule 10b5‑1 trading plan on Dec. 18; 10b5‑1 plans can be used for scheduled buys or sales, so this is informational until plan details/timing are disclosed. Read More.

Exzeo Group Stock Performance

Exzeo Group (NYSE:XZOGet Free Report) last issued its earnings results on Wednesday, December 10th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.04. The firm had revenue of $55.17 million during the quarter, compared to the consensus estimate of $54.40 million.

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.

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