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

Exzeo Group, Inc. (NYSE:XZO) CEO Paresh Patel acquired 2,000 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was purchased at an average cost of $16.88 per share, for a total transaction of $33,760.00. Following the transaction, the chief executive officer owned 1,632,013 shares in the company, valued at approximately $27,548,379.44. The trade was a 0.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Friday, April 24th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost 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 stock was purchased at an average cost of $16.46 per share, for a total transaction of $32,920.00.
• On Monday, April 20th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $17.48 per share, for a total transaction of $34,960.00.
• On Friday, April 17th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $16.94 per share, for a total transaction of $33,880.00.
• On Wednesday, April 15th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $16.43 per share, for a total transaction of $32,860.00.
• On Monday, April 13th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were bought at an average cost 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 shares were bought at an average cost 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 shares were bought at an average cost 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 shares were bought at an average cost 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 shares were bought at an average cost of $14.94 per share, for a total transaction of $29,880.00.

Exzeo Group Stock Performance

NYSE:XZO opened at $16.30 on Thursday. The stock has a market cap 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 stock’s 50 day moving average 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 the consensus estimate of $0.13 by $0.12. The company had revenue of $53.32 million for the quarter, compared to analysts’ expectations of $41.50 million. As a group, research analysts anticipate that Exzeo Group, Inc. will post 0.89 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Exzeo Group

A number of large investors have recently added to or reduced their stakes in the stock. Ionic Capital Management LLC acquired a new position in Exzeo Group during the fourth quarter worth $328,000. Verition Fund Management LLC purchased a new stake in shares of Exzeo Group during the fourth quarter worth $532,000. HRT Financial LP purchased a new stake in shares of Exzeo Group during the fourth quarter worth $754,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Exzeo Group during the first quarter worth $678,000. Finally, Jane Street Group LLC purchased a new stake in shares of Exzeo Group during the fourth quarter worth $1,187,000.

Analyst Ratings Changes

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

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.