Exzeo Group, Inc. (NYSE:XZO - Get Free Report) CEO Paresh Patel purchased 2,000 shares of the company's stock in a transaction that occurred on Friday, April 10th. The stock was bought at an average cost of $15.38 per share, for a total transaction of $30,760.00. Following the purchase, the chief executive officer directly owned 1,608,013 shares in the company, valued at $24,731,239.94. This represents a 0.12% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Paresh Patel also recently made the following trade(s):
- On Wednesday, April 8th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average price of $15.05 per share, with a total value of $30,100.00.
- On Monday, April 6th, Paresh Patel bought 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $14.26 per share, for a total transaction of $28,520.00.
- On Wednesday, April 1st, Paresh Patel purchased 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $14.94 per share, for a total transaction of $29,880.00.
- On Monday, March 23rd, Paresh Patel purchased 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 acquired 2,000 shares of Exzeo Group stock. The stock was purchased at an average cost of $15.36 per share, with a total value of $30,720.00.
- On Tuesday, March 17th, Paresh Patel acquired 2,000 shares of Exzeo Group stock. The shares were purchased at an average price of $15.68 per share, for a total transaction of $31,360.00.
Exzeo Group Stock Performance
Shares of XZO traded up $0.44 during mid-day trading on Monday, reaching $15.31. The company's stock had a trading volume of 134,316 shares, compared to its average volume of 190,806. The company has a fifty day moving average price of $15.64. The company has a market cap of $1.39 billion and a P/E ratio of 30.62. Exzeo Group, Inc. has a 1 year low of $12.91 and a 1 year high of $24.60.
Exzeo Group (NYSE:XZO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.12. The business had revenue of $53.32 million for the quarter, compared to analysts' expectations of $41.50 million.
Wall Street Analyst Weigh In
XZO has been the topic of a number of research reports. Weiss Ratings began coverage on Exzeo Group in a report on Monday, February 2nd. They issued a "hold (c-)" rating on the stock. Wall Street Zen raised shares of Exzeo Group from a "hold" rating to a "buy" rating in a research report on Saturday, March 7th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Exzeo Group presently has an average rating of "Moderate Buy" and a consensus target price of $26.00.
Read Our Latest Stock Report on Exzeo Group
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ionic Capital Management LLC purchased a new stake in shares of Exzeo Group during the 4th quarter worth about $328,000. Verition Fund Management LLC bought a new stake in shares of Exzeo Group in the 4th quarter valued at approximately $532,000. HRT Financial LP bought a new stake in shares of Exzeo Group in the 4th quarter valued at approximately $754,000. Jane Street Group LLC acquired a new position in Exzeo Group in the fourth quarter worth approximately $1,187,000. Finally, Legato Capital Management LLC bought a new position in Exzeo Group during the fourth quarter valued at approximately $1,475,000.
Exzeo Group Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Exzeo Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exzeo Group wasn't on the list.
While Exzeo Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
