Exzeo Group (NYSE:XZO) CEO Buys $34,220.00 in Stock

Key Points

• CEO Paresh Patel bought 2,000 shares on May 5 at $17.11 — part of a series of roughly ten 2,000-share purchases since April that raised his direct stake to 1,642,013 shares (≈$28.09M), a 0.12% increase.
• Exzeo shares trade around $17.23 with a market cap of $1.57B, a PE of 34.45, a 1‑year range of $12.91–$24.60 and a 50‑day moving average of $15.60.
• The company reported quarterly EPS of $0.22 (beating the $0.20 estimate), while analysts hold a consensus rating of "Hold" with a $26 consensus target amid mixed recent ratings.

Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel acquired 2,000 shares of the stock in a transaction dated Tuesday, May 5th. The shares were bought at an average price of $17.11 per share, with a total value of $34,220.00. Following the completion of the purchase, the chief executive officer directly owned 1,642,013 shares of the company's stock, valued at approximately $28,094,842.43. This trade represents a 0.12% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at 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 purchased at an average price of $16.53 per share, with a total value of $33,060.00.
• On Wednesday, April 29th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $16.22 per share, for a total transaction of $32,440.00.
• On Monday, April 27th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were purchased at an average cost of $16.88 per share, with a total value of $33,760.00.
• On Friday, April 24th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was acquired at an average price of $16.21 per share, for a total transaction of $32,420.00.
• On Wednesday, April 22nd, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were acquired at an average cost 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 acquired at an average cost of $17.48 per share, for a total transaction of $34,960.00.
• On Friday, April 17th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was bought at an average cost of $16.94 per share, for a total transaction of $33,880.00.
• On Wednesday, April 15th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was bought at an average price of $16.43 per share, for a total transaction of $32,860.00.
• On Monday, April 13th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The shares were bought at an average cost of $15.13 per share, with a total value of $30,260.00.
• On Friday, April 10th, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The stock was bought at an average cost of $15.38 per share, for a total transaction of $30,760.00.

Exzeo Group Price Performance

NYSE XZO traded down $0.03 during trading hours on Wednesday, reaching $17.23. The company had a trading volume of 237,506 shares, compared to its average volume of 181,712. Exzeo Group, Inc. has a 1-year low of $12.91 and a 1-year high of $24.60. The company has a market capitalization of $1.57 billion and a PE ratio of 34.45. The firm has a 50-day moving average price of $15.60.

Exzeo Group (NYSE:XZO - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. As a group, research analysts forecast that Exzeo Group, Inc. will post 0.89 EPS for the current fiscal year.

Institutional Investors Weigh In On Exzeo Group

Large investors have recently bought and sold shares of the stock. Y Intercept Hong Kong Ltd purchased a new position in shares of Exzeo Group in the 1st quarter valued at about $678,000. Zimmer Partners LP purchased a new stake in shares of Exzeo Group during the fourth quarter worth approximately $1,819,000. Ophir Asset Management Pty Ltd purchased a new stake in shares of Exzeo Group during the fourth quarter worth approximately $23,907,000. Millennium Management LLC acquired a new stake in Exzeo Group in the fourth quarter valued at approximately $3,799,000. Finally, Ionic Capital Management LLC acquired a new stake in Exzeo Group in the fourth quarter valued at approximately $328,000.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on XZO shares. Wall Street Zen raised Exzeo Group from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Weiss Ratings lowered shares of 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 issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $26.00.

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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