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

Exzeo Group, Inc. (NYSE:XZOGet Free Report) CEO Paresh Patel purchased 2,000 shares of the stock in a transaction dated Wednesday, April 29th. The shares were acquired at an average price of $16.22 per share, for a total transaction of $32,440.00. Following the acquisition, the chief executive officer directly owned 1,634,013 shares of the company’s stock, valued at $26,503,690.86. This represents a 0.12% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Monday, April 27th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $16.88 per share, for a total transaction 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 acquired 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $16.46 per share, for a total transaction of $32,920.00.
  • On Monday, April 20th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $17.48 per share, with a total value of $34,960.00.
  • On Friday, April 17th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost 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 stock was acquired at an average cost of $16.43 per share, with a total value of $32,860.00.
  • On Monday, April 13th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $15.13 per share, with a total value of $30,260.00.
  • On Friday, April 10th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were bought at an average price of $15.38 per share, with a total value of $30,760.00.
  • On Wednesday, April 8th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were bought at an average price of $15.05 per share, with a total value of $30,100.00.
  • On Monday, April 6th, Paresh Patel purchased 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.

Exzeo Group Stock Performance

XZO opened at $16.24 on Friday. The company has a market cap of $1.48 billion and a P/E ratio of 32.48. The business’s 50-day moving average is $15.57. Exzeo Group, Inc. has a 52-week low of $12.91 and a 52-week high of $24.60.

Exzeo Group (NYSE:XZOGet Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.12. The company had revenue of $53.32 million for the quarter, compared to the consensus estimate of $41.50 million. On average, research analysts predict that Exzeo Group, Inc. will post 0.89 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on XZO shares. Weiss Ratings downgraded Exzeo Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Wall Street Zen upgraded Exzeo Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $26.00.

Read Our Latest Stock Analysis on Exzeo Group

Institutional Trading of Exzeo Group

Several hedge funds have recently added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd bought a new stake in Exzeo Group during the 1st quarter valued at approximately $678,000. Zimmer Partners LP acquired a new position in Exzeo Group in the 4th quarter valued at approximately $1,819,000. Ophir Asset Management Pty Ltd acquired a new position in Exzeo Group in the 4th quarter valued at approximately $23,907,000. Millennium Management LLC acquired a new position in Exzeo Group in the 4th quarter valued at approximately $3,799,000. Finally, Ionic Capital Management LLC acquired a new position in Exzeo Group in the 4th quarter valued at approximately $328,000.

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.

See Also

Insider Buying and Selling by Quarter for Exzeo Group (NYSE:XZO)

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