Exzeo Group, Inc. (NYSE:XZO – Get 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.
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
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
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