Insider Buying: Exzeo Group (NYSE:XZO) CEO Buys $32,420.00 in Stock

Exzeo Group, Inc. (NYSE:XZO) CEO Paresh Patel acquired 2,000 shares of the business’s stock in a transaction on Friday, April 24th. The stock was acquired at an average price of $16.21 per share, with a total value of $32,420.00. Following the transaction, the chief executive officer owned 1,628,013 shares in the company, valued at approximately $26,390,090.73. The trade was a 0.12% increase in their position. The transaction was disclosed in a legal 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 27th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $16.88 per share, with a total value of $33,760.00.
• On Wednesday, April 22nd, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $16.46 per share, with a total value of $32,920.00.
• On Monday, April 20th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was acquired at an average price 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 acquired at an average price 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 purchased at an average price 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 purchased at an average price 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 purchased at an average price 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 purchased at an average price 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 purchased at an average price 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 purchased at an average price of $14.94 per share, with a total value of $29,880.00.

Exzeo Group Trading Down 2.8%

XZO stock opened at $16.30 on Thursday. The company has a market capitalization of $1.48 billion and a P/E ratio of 32.60. Exzeo Group, Inc. has a twelve month low of $12.91 and a twelve month high of $24.60. The business’s fifty day moving average price is $15.57.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Weiss Ratings assumed 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 report on Saturday, March 7th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $26.00.

Institutional Investors Weigh In On Exzeo Group

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