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

Exzeo Group, Inc. (NYSE:XZOGet Free Report) CEO Paresh Patel bought 2,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was purchased at an average price of $15.11 per share, with a total value of $30,220.00. Following the transaction, the chief executive officer directly owned 1,646,013 shares in the company, valued at $24,871,256.43. The trade was a 0.12% increase in their ownership of the stock. The acquisition 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 Tuesday, May 5th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $17.11 per share, with a total value of $34,220.00.
  • On Friday, May 1st, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $16.53 per share, with a total value of $33,060.00.
  • On Wednesday, April 29th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $16.22 per share, with a total value of $32,440.00.
  • On Monday, April 27th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was bought at an average price 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 stock was bought at an average price 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 bought at an average price of $16.46 per share, with a total value of $32,920.00.
  • On Monday, April 20th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $17.48 per share, with a total value of $34,960.00.
  • On Friday, April 17th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $16.94 per share, with a total value of $33,880.00.
  • On Wednesday, April 15th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was bought at an average price 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 stock was bought at an average price of $15.13 per share, with a total value of $30,260.00.

Exzeo Group Stock Performance

Shares of Exzeo Group stock opened at $13.48 on Friday. The company has a market cap of $1.23 billion and a price-to-earnings ratio of 26.96. Exzeo Group, Inc. has a 12-month low of $12.91 and a 12-month high of $24.60. The stock has a fifty day moving average price of $15.61.

Exzeo Group (NYSE:XZOGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. The firm had revenue of $55.53 million during the quarter, compared to the consensus estimate of $55.90 million. As a group, sell-side analysts expect that Exzeo Group, Inc. will post 1.01 earnings per share for the current year.

Hedge Funds Weigh In On Exzeo Group

Several hedge funds have recently made changes to their positions in XZO. Ionic Capital Management LLC purchased a new position in shares of Exzeo Group during the fourth quarter valued at approximately $328,000. Verition Fund Management LLC purchased a new position in shares of Exzeo Group during the fourth quarter valued at approximately $532,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Exzeo Group during the first quarter valued at approximately $678,000. HRT Financial LP purchased a new position in shares of Exzeo Group during the fourth quarter valued at approximately $754,000. Finally, Jane Street Group LLC purchased a new position in shares of Exzeo Group during the fourth quarter valued at approximately $1,187,000.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on XZO. Wall Street Zen raised shares of Exzeo Group from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Weiss Ratings cut Exzeo Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $26.00.

Check Out Our Latest Stock Analysis on XZO

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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