Exzeo Group (NYSE:XZO) CEO Paresh Patel Buys 2,000 Shares

Exzeo Group, Inc. (NYSE:XZO) CEO Paresh Patel acquired 2,000 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average price of $15.36 per share, with a total value of $30,720.00. Following the transaction, the chief executive officer owned 1,578,013 shares in the company, valued at $24,238,279.68. The trade was a 0.13% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, March 23rd, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $14.93 per share, for a total transaction of $29,860.00.
• On Tuesday, March 17th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $15.68 per share, with a total value of $31,360.00.

Exzeo Group Price Performance

Shares of XZO opened at $15.00 on Tuesday. Exzeo Group, Inc. has a twelve month low of $12.91 and a twelve month high of $24.60. The firm has a 50 day simple moving average of $17.57. The stock has a market cap of $1.36 billion and a price-to-earnings ratio of 30.00.

Exzeo Group (NYSE:XZO) last issued its earnings results on Wednesday, February 25th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.12. The business had revenue of $53.32 million for the quarter, compared to analysts’ expectations of $41.50 million.

Analyst Upgrades and Downgrades

XZO has been the subject of several research analyst reports. Zacks Research upgraded Exzeo Group to a “hold” rating in a research report on Tuesday, December 2nd. Wall Street Zen upgraded shares of Exzeo Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. William Blair initiated coverage on shares of Exzeo Group in a research note on Monday, December 1st. They set an “outperform” rating on the stock. Citizens Jmp began coverage on shares of Exzeo Group in a report on Monday, December 1st. They issued a “market outperform” rating and a $27.00 price target for the company. Finally, Truist Financial started coverage on shares of Exzeo Group in a research note on Monday, December 1st. They issued a “buy” rating and a $25.00 price objective for the company. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.00.

Institutional Trading of Exzeo Group

Large investors have recently modified their holdings of the business. Ophir Asset Management Pty Ltd purchased a new position in shares of Exzeo Group during the 4th quarter worth approximately $23,907,000. Janus Henderson Group PLC purchased a new stake in Exzeo Group in the 4th quarter valued at approximately $14,991,000. Jennison Associates LLC acquired a new stake in Exzeo Group during the 4th quarter valued at $14,096,000. Goldman Sachs Group Inc. acquired a new stake in Exzeo Group during the 4th quarter valued at $12,551,000. Finally, Essex Investment Management Co. LLC purchased a new position in Exzeo Group during the fourth quarter worth $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.