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

Exzeo Group, Inc. (NYSE:XZOGet Free Report) CEO Paresh Patel acquired 2,000 shares of Exzeo Group stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average price of $17.11 per share, for a total transaction of $34,220.00. Following the completion of the acquisition, the chief executive officer directly owned 1,642,013 shares in the company, valued at approximately $28,094,842.43. This represents a 0.12% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Friday, May 1st, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $16.53 per share, for a total transaction of $33,060.00.
  • On Wednesday, April 29th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $16.22 per share, for a total transaction of $32,440.00.
  • On Monday, April 27th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $16.88 per share, with a total value of $33,760.00.
  • On Friday, April 24th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $16.21 per share, with a total value of $32,420.00.
  • On Wednesday, April 22nd, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $16.46 per share, for a total transaction of $32,920.00.
  • On Monday, April 20th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost of $17.48 per share, for a total transaction of $34,960.00.
  • On Friday, April 17th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were acquired at an average price of $16.94 per share, with a total value of $33,880.00.
  • On Wednesday, April 15th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average cost of $16.43 per share, with a total value of $32,860.00.
  • On Monday, April 13th, Paresh Patel acquired 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 acquired 2,000 shares of Exzeo Group stock. The shares were bought at an average price of $15.38 per share, with a total value of $30,760.00.

Exzeo Group Trading Down 0.1%

Shares of NYSE XZO traded down $0.03 during mid-day trading on Wednesday, reaching $17.23. The company had a trading volume of 237,506 shares, compared to its average volume of 181,712. The stock has a 50 day simple moving average of $15.60. Exzeo Group, Inc. has a 52-week low of $12.91 and a 52-week high of $24.60. The stock has a market cap of $1.57 billion and a PE ratio of 34.45.

Exzeo Group (NYSE:XZOGet Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. Research analysts predict that Exzeo Group, Inc. will post 0.89 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jennison Associates LLC purchased a new stake in shares of Exzeo Group in the 4th quarter worth about $14,096,000. Zimmer Partners LP acquired a new position in Exzeo Group during the fourth quarter worth about $1,819,000. Jane Street Group LLC purchased a new stake in shares of Exzeo Group in the fourth quarter valued at about $1,187,000. HRT Financial LP purchased a new stake in shares of Exzeo Group in the fourth quarter valued at about $754,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Exzeo Group in the fourth quarter valued at approximately $532,000.

Analysts Set New Price Targets

XZO has been the subject of a number of recent analyst reports. Weiss Ratings downgraded 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 raised Exzeo Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $26.00.

Read Our Latest Analysis on Exzeo Group

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.

Further Reading

Insider Buying and Selling by Quarter for Exzeo Group (NYSE:XZO)

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