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

Exzeo Group, Inc. (NYSE:XZO) CEO Paresh Patel purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The shares were purchased at an average cost of $16.46 per share, with a total value of $32,920.00. Following the purchase, the chief executive officer directly owned 1,624,013 shares in the company, valued at approximately $26,731,253.98. The trade was a 0.12% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, April 20th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $17.48 per share, for a total transaction of $34,960.00.
• On Friday, April 17th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average price of $16.94 per share, with a total value of $33,880.00.
• On Wednesday, April 15th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were 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 cost 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 stock was acquired at an average price 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 acquired at an average cost of $15.05 per share, with a total value of $30,100.00.
• On Monday, April 6th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average price of $14.26 per share, with a total value of $28,520.00.
• On Wednesday, April 1st, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average cost of $14.94 per share, for a total transaction of $29,880.00.
• On Monday, March 23rd, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were bought at an average price of $14.93 per share, for a total transaction of $29,860.00.
• On Thursday, March 19th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $15.36 per share, with a total value of $30,720.00.

Exzeo Group Stock Performance

NYSE XZO opened at $16.40 on Friday. Exzeo Group, Inc. has a fifty-two week low of $12.91 and a fifty-two week high of $24.60. The firm has a market capitalization of $1.49 billion and a PE ratio of 32.80. The business has a fifty day moving average of $15.50.

Exzeo Group (NYSE:XZO) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.12. The company had revenue of $53.32 million during the quarter, compared to analysts’ expectations of $41.50 million. As a group, analysts forecast that Exzeo Group, Inc. will post 0.89 EPS for the current fiscal year.

Institutional Investors Weigh In On Exzeo Group

Hedge funds have recently made changes to their positions in the business. Ophir Asset Management Pty Ltd purchased a new stake in shares of Exzeo Group in the fourth quarter valued at $23,907,000. Janus Henderson Group PLC purchased a new position in Exzeo Group during the fourth quarter worth about $14,991,000. Jennison Associates LLC acquired a new stake in Exzeo Group in the 4th quarter worth about $14,096,000. Goldman Sachs Group Inc. acquired a new stake in Exzeo Group in the 4th quarter worth about $12,551,000. Finally, Essex Investment Management Co. LLC purchased a new stake in Exzeo Group in the 4th quarter valued at about $7,059,000.

Analysts Set New Price Targets

Several research firms have issued reports on XZO. Weiss Ratings began coverage on shares of Exzeo Group in a research note on Monday, February 2nd. They set a “hold (c-)” rating on the stock. Wall Street Zen raised shares of Exzeo Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $26.00.

About Exzeo Group

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.