Insider Buying: Exzeo Group (NYSE:XZO) CEO Purchases $32,860.00 in Stock

Exzeo Group, Inc. (NYSE:XZOGet Free Report) CEO Paresh Patel bought 2,000 shares of Exzeo Group stock in a transaction that occurred on Wednesday, April 15th. The stock was bought at an average price of $16.43 per share, for a total transaction of $32,860.00. Following the completion of the acquisition, the chief executive officer directly owned 1,616,013 shares of the company’s stock, valued at $26,551,093.59. The trade was a 0.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

  • On Monday, April 13th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $15.13 per share, for a total transaction of $30,260.00.
  • On Friday, April 10th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $15.38 per share, for a total transaction of $30,760.00.
  • On Wednesday, April 8th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $15.05 per share, for a total transaction of $30,100.00.
  • On Monday, April 6th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $14.26 per share, for a total transaction of $28,520.00.
  • On Wednesday, April 1st, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $14.94 per share, for a total transaction of $29,880.00.
  • On Monday, March 23rd, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $14.93 per share, for a total transaction of $29,860.00.
  • On Thursday, March 19th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $15.36 per share, for a total transaction of $30,720.00.
  • On Tuesday, March 17th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $15.68 per share, for a total transaction of $31,360.00.

Exzeo Group Stock Performance

Shares of XZO opened at $17.45 on Friday. Exzeo Group, Inc. has a 52-week low of $12.91 and a 52-week high of $24.60. The firm has a 50 day simple moving average of $15.43. The firm has a market capitalization of $1.59 billion and a price-to-earnings ratio of 34.89.

Exzeo Group (NYSE:XZOGet Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.12. The business had revenue of $53.32 million during the quarter, compared to analyst estimates of $41.50 million.

Hedge Funds Weigh In On Exzeo Group

Institutional investors have recently modified their holdings of the company. Ionic Capital Management LLC acquired a new position in shares of Exzeo Group during the fourth quarter worth approximately $328,000. Verition Fund Management LLC acquired a new position in shares of Exzeo Group during the fourth quarter worth approximately $532,000. HRT Financial LP acquired a new position in shares of Exzeo Group during the fourth quarter worth approximately $754,000. Jane Street Group LLC acquired a new position in shares of Exzeo Group during the fourth quarter worth approximately $1,187,000. Finally, Legato Capital Management LLC acquired a new position in shares of Exzeo Group during the fourth quarter worth approximately $1,475,000.

Analyst Ratings Changes

Several brokerages have issued reports 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 began coverage on Exzeo Group in a research note on Monday, February 2nd. They issued a “hold (c-)” rating on the stock. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

Check Out Our Latest Stock Report on XZO

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.

Further Reading

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

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