Exzeo Group, Inc. (NYSE:XZO – Get Free Report) CEO Paresh Patel bought 2,000 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was purchased at an average price of $14.26 per share, with a total value of $28,520.00. Following the transaction, the chief executive officer owned 1,602,013 shares in the company, valued at $22,844,705.38. The trade was a 0.12% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paresh Patel also recently made the following trade(s):
- On Wednesday, April 1st, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $14.94 per share, with a total value of $29,880.00.
- On Monday, March 23rd, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $14.93 per share, with a total value of $29,860.00.
- On Thursday, March 19th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $15.36 per share, with a total value of $30,720.00.
- On Tuesday, March 17th, Paresh Patel bought 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 Stock Up 10.1%
Exzeo Group stock opened at $15.77 on Thursday. The company has a 50 day moving average of $15.85. The company has a market capitalization of $1.43 billion and a PE ratio of 31.55. Exzeo Group, Inc. has a 12-month low of $12.91 and a 12-month high of $24.60.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on XZO. Weiss Ratings began coverage on shares of Exzeo Group in a report on Monday, February 2nd. They issued a “hold (c-)” rating for the company. Wall Street Zen upgraded shares of Exzeo Group from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $26.00.
Institutional Trading of Exzeo Group
Large investors have recently added to or reduced their stakes in the business. Ionic Capital Management LLC bought a new stake in Exzeo Group during the fourth quarter worth approximately $328,000. Alden Global Capital LLC bought a new stake in Exzeo Group during the fourth quarter worth approximately $2,971,000. Schonfeld Strategic Advisors LLC bought a new stake in Exzeo Group during the fourth quarter worth approximately $2,063,000. HBK Investments L P bought a new stake in Exzeo Group during the fourth quarter worth approximately $1,940,000. Finally, Verition Fund Management LLC bought a new stake in Exzeo Group during the fourth quarter worth approximately $532,000.
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.
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