Exzeo Group, Inc. (NYSE:XZO – Get Free Report) shares hit a new 52-week low on Thursday . The company traded as low as $12.84 and last traded at $12.91, with a volume of 279911 shares trading hands. The stock had previously closed at $13.69.
Analyst Ratings Changes
XZO has been the subject of a number of research reports. Weiss Ratings cut 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 cut shares of Exzeo Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $26.00.
Exzeo Group Price Performance
Exzeo Group (NYSE:XZO – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. The business had revenue of $54.01 million during the quarter, compared to analysts’ expectations of $55.90 million. As a group, equities research analysts forecast that Exzeo Group, Inc. will post 1.01 EPS for the current year.
Insider Activity at Exzeo Group
In other Exzeo Group news, CEO Paresh Patel bought 2,000 shares of Exzeo Group stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $13.55 per share, with a total value of $27,100.00. Following the completion of the acquisition, the chief executive officer owned 1,654,013 shares of the company’s stock, valued at approximately $22,411,876.15. This represents a 0.12% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 40,000 shares of company stock valued at $627,280 over the last three months. 4.00% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Exzeo Group
Institutional investors and hedge funds have recently made changes to their positions in the business. Ionic Capital Management LLC purchased a new stake in shares of Exzeo Group in the fourth quarter valued at about $328,000. State of Wyoming purchased a new stake in shares of Exzeo Group in the first quarter valued at about $334,000. Verition Fund Management LLC purchased a new stake in shares of Exzeo Group in the fourth quarter valued at about $532,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Exzeo Group during the first quarter worth about $678,000. Finally, HRT Financial LP acquired a new position in shares of Exzeo Group during the fourth quarter worth about $754,000.
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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