Exzeo Group, Inc. (NYSE:XZO) Receives $26.00 Consensus Price Target from Analysts

Shares of Exzeo Group, Inc. (NYSE:XZO) have been assigned an average rating of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $26.00.

Several research firms have recently issued reports on XZO. William Blair started coverage on shares of Exzeo Group in a research report on Monday, December 1st. They issued an “outperform” rating on the stock. Truist Financial began coverage on shares of Exzeo Group in a report on Monday, December 1st. They issued a “buy” rating and a $25.00 target price on the stock. Citizens Jmp initiated coverage on shares of Exzeo Group in a research report on Monday, December 1st. They set a “market outperform” rating and a $27.00 price target on the stock. Weiss Ratings initiated coverage on shares of Exzeo Group in a report on Monday. They issued a “hold (c-)” rating for the company. Finally, Wall Street Zen raised Exzeo Group to a “hold” rating in a research note on Monday, November 17th.

Exzeo Group Price Performance

Shares of Exzeo Group stock opened at $17.59 on Tuesday. The firm has a fifty day simple moving average of $20.82. The company has a market cap of $1.60 billion and a price-to-earnings ratio of 70.36. Exzeo Group has a 52-week low of $12.91 and a 52-week high of $24.60.

Exzeo Group (NYSE:XZO) last announced its earnings results on Wednesday, December 10th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.04. The firm had revenue of $55.17 million for the quarter, compared to analyst estimates of $54.40 million.

Insider Transactions at Exzeo Group

In related news, CFO Suela Bulku purchased 10,020 shares of the stock in a transaction on Thursday, December 18th. The shares were purchased at an average price of $19.58 per share, with a total value of $196,191.60. Following the transaction, the chief financial officer directly owned 314,874 shares of the company’s stock, valued at $6,165,232.92. This trade represents a 3.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Kevin Andrew Mitchell acquired 12,510 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was bought at an average cost of $19.58 per share, with a total value of $244,945.80. Following the acquisition, the president owned 715,135 shares in the company, valued at $14,002,343.30. The trade was a 1.78% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 32,550 shares of company stock worth $637,329 in the last three months.

Hedge Funds Weigh In On Exzeo Group

An institutional investor recently bought a new position in Exzeo Group stock. Jennison Associates LLC purchased a new stake in Exzeo Group, Inc. (NYSE:XZO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 581,262 shares of the company’s stock, valued at approximately $14,096,000. Jennison Associates LLC owned 0.64% of Exzeo Group at the end of the most recent quarter.

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.