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

Exzeo Group, Inc. (NYSE:XZOGet Free Report) CEO Paresh Patel purchased 2,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of $13.55 per share, for a total transaction of $27,100.00. Following the completion of the acquisition, the chief executive officer directly owned 1,654,013 shares of the company’s stock, valued at $22,411,876.15. This represents a 0.12% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Monday, May 11th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $13.99 per share, for a total transaction of $27,980.00.
  • On Thursday, May 7th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $15.11 per share, for a total transaction of $30,220.00.
  • On Tuesday, May 5th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $17.11 per share, for a total transaction of $34,220.00.
  • On Friday, May 1st, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $16.53 per share, for a total transaction of $33,060.00.
  • On Wednesday, April 29th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $16.22 per share, for a total transaction of $32,440.00.
  • On Monday, April 27th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $16.88 per share, for a total transaction of $33,760.00.
  • On Friday, April 24th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were bought 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 shares were bought 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 shares were bought 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 shares were bought at an average cost of $16.94 per share, for a total transaction of $33,880.00.

Exzeo Group Trading Up 1.1%

XZO opened at $13.53 on Friday. The stock has a market capitalization of $1.23 billion and a P/E ratio of 18.79. Exzeo Group, Inc. has a 52-week low of $12.91 and a 52-week high of $24.60. The firm’s fifty day moving average is $15.36.

Exzeo Group (NYSE:XZOGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02. The company had revenue of $55.53 million for the quarter, compared to analysts’ expectations of $55.90 million. As a group, sell-side analysts expect that Exzeo Group, Inc. will post 1.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Exzeo Group

A number of hedge funds have recently modified their holdings of the business. Ionic Capital Management LLC acquired a new stake in shares of Exzeo Group in the fourth quarter valued at about $328,000. Verition Fund Management LLC acquired a new stake in shares of Exzeo Group in the fourth quarter valued at about $532,000. State of Wyoming acquired a new stake in Exzeo Group during the first quarter worth about $334,000. HRT Financial LP acquired a new stake in Exzeo Group during the fourth quarter worth about $754,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Exzeo Group during the first quarter worth about $678,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on XZO shares. Weiss Ratings cut shares of Exzeo Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Exzeo Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $26.00.

View Our Latest Stock Analysis 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.

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