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

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

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

• On Monday, April 20th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were 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 shares were 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 shares were 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 shares were acquired at an average cost of $15.13 per share, with a total value of $30,260.00.
• On Friday, April 10th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $15.38 per share, with a total value of $30,760.00.
• On Wednesday, April 8th, Paresh Patel bought 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 bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost 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 shares were acquired at an average cost of $14.94 per share, with a total value of $29,880.00.
• On Monday, March 23rd, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $14.93 per share, with a total value of $29,860.00.
• On Thursday, March 19th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $15.36 per share, with a total value of $30,720.00.

Exzeo Group Stock Performance

Shares of XZO traded down $0.39 during trading hours on Thursday, hitting $16.40. 90,213 shares of the stock were exchanged, compared to its average volume of 185,704. Exzeo Group, Inc. has a 12-month low of $12.91 and a 12-month high of $24.60. The firm has a market capitalization of $1.49 billion and a P/E ratio of 32.80. The stock has a 50-day moving average price of $15.47.

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

Analyst Upgrades and Downgrades

Several analysts recently commented on XZO shares. Weiss Ratings started coverage on Exzeo Group in a research report on Monday, February 2nd. They set a “hold (c-)” rating for the company. Wall Street Zen upgraded Exzeo Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

Institutional Trading of Exzeo Group

Several large investors have recently added to or reduced their stakes in the stock. Ionic Capital Management LLC purchased a new stake in Exzeo Group in the 4th quarter valued at $328,000. Verition Fund Management LLC purchased a new stake in Exzeo Group in the 4th quarter valued at $532,000. HRT Financial LP purchased a new stake in Exzeo Group in the 4th quarter valued at $754,000. Jane Street Group LLC purchased a new stake in Exzeo Group in the 4th quarter valued at $1,187,000. Finally, Legato Capital Management LLC purchased a new stake in Exzeo Group in the 4th quarter valued at $1,475,000.

Exzeo Group Company Profile

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.