Insider Buying: Exzeo Group (NYSE:XZO) President Buys 12,510 Shares of Stock

Exzeo Group, Inc. (NYSE:XZO) President Kevin Andrew Mitchell bought 12,510 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was bought at an average price of $19.58 per share, with a total value of $244,945.80. Following the transaction, the president directly owned 715,135 shares in the company, valued at $14,002,343.30. This represents a 1.78% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Exzeo Group Price Performance

NYSE:XZO traded up $1.28 during midday trading on Monday, hitting $22.00. 267,888 shares of the stock were exchanged, compared to its average volume of 273,084. Exzeo Group, Inc. has a one year low of $12.91 and a one year high of $23.50.

Exzeo Group (NYSE:XZO) last announced its earnings results on Wednesday, December 10th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.04. The firm had revenue of $55.17 million for the quarter, compared to the consensus estimate of $54.40 million.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Exzeo Group to a “hold” rating in a research report on Monday, November 17th. William Blair initiated coverage on shares of Exzeo Group in a research note on Monday, December 1st. They issued an “outperform” rating for the company. Citizens Jmp initiated coverage on Exzeo Group in a research report on Monday, December 1st. They set a “market outperform” rating and a $27.00 target price for the company. Zacks Research upgraded Exzeo Group to a “hold” rating in a research note on Tuesday, December 2nd. Finally, Truist Financial began coverage on Exzeo Group in a research report on Monday, December 1st. They issued a “buy” rating and a $25.00 price objective for the company. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Exzeo Group presently has an average rating of “Moderate Buy” and an average price target 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.