Brook Armstrong Baker Purchases 10,020 Shares of Exzeo Group (NYSE:XZO) Stock

Exzeo Group, Inc. (NYSE:XZO) 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 bought at an average price of $19.58 per share, with a total value of $196,191.60. Following the completion of the acquisition, the general counsel directly owned 248,026 shares in the company, valued at $4,856,349.08. This trade represents a 4.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Exzeo Group Stock Up 6.2%

Exzeo Group stock traded up $1.28 during trading hours on Monday, reaching $22.00. The company had a trading volume of 267,888 shares, compared to its average volume of 273,084. Exzeo Group, Inc. has a 12-month low of $12.91 and a 12-month high of $23.50.

Exzeo Group (NYSE:XZO) last released its quarterly earnings data on Wednesday, December 10th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. The company had revenue of $55.17 million for the quarter, compared to analysts’ expectations of $54.40 million.

Analysts Set New Price Targets

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