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

Exzeo Group, Inc. (NYSE:XZO) CEO Paresh Patel acquired 2,000 shares of the business’s stock in a transaction on Monday, May 11th. The stock was purchased at an average cost of $13.99 per share, with a total value of $27,980.00. Following the acquisition, the chief executive officer directly owned 1,650,013 shares of the company’s stock, valued at $23,083,681.87. This represents a 0.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Thursday, May 7th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were acquired at an average price of $15.11 per share, for a total transaction of $30,220.00.
• On Tuesday, May 5th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $17.11 per share, with a total value of $34,220.00.
• On Friday, May 1st, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was bought at an average cost of $16.53 per share, for a total transaction of $33,060.00.
• On Wednesday, April 29th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $16.22 per share, with a total value of $32,440.00.
• On Monday, April 27th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $16.88 per share, with a total value of $33,760.00.
• On Friday, April 24th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $16.21 per share, for a total transaction of $32,420.00.
• On Wednesday, April 22nd, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was 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 stock was purchased at an average cost of $17.48 per share, with a total value of $34,960.00.
• On Friday, April 17th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $16.94 per share, for a total transaction 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 cost of $16.43 per share, for a total transaction of $32,860.00.

Exzeo Group Price Performance

Shares of NYSE XZO opened at $13.77 on Wednesday. The firm has a 50-day simple moving average of $15.45. The firm has a market capitalization of $1.25 billion and a PE ratio of 19.13. Exzeo Group, Inc. has a 52 week low of $12.91 and a 52 week high of $24.60.

Exzeo Group (NYSE:XZO) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02. The business had revenue of $55.53 million for the quarter, compared to analysts’ expectations of $55.90 million. Equities research analysts expect that Exzeo Group, Inc. will post 1.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on XZO. Wall Street Zen raised Exzeo Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Weiss Ratings downgraded shares of Exzeo Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $26.00.

Institutional Trading of Exzeo Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ophir Asset Management Pty Ltd purchased a new position in shares of Exzeo Group during the fourth quarter worth about $23,907,000. Janus Henderson Group PLC purchased a new stake in Exzeo Group in the 4th quarter valued at $14,991,000. Jennison Associates LLC acquired a new position in Exzeo Group in the 4th quarter valued at about $14,096,000. Goldman Sachs Group Inc. acquired a new position in Exzeo Group in the 4th quarter valued at $12,551,000. Finally, Essex Investment Management Co. LLC acquired a new stake in Exzeo Group in the fourth quarter valued at about $7,059,000.

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.