Exzeo Group, Inc.
XZO · Services-Prepackaged Software · 90.9M shares · EDGAR filings ↗
Net buyback after stock comp: -$3M (gross $352K, SBC $3M)
Reference price $13.67 · est. market cap ~$1.2B — last insider purchase, 2026-05-27 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A82Insurtech / insurance-software platform — highly profitable with rapid growth and strong returns.
Strengths
- Highly profitable — operating margin 49% (100th), net margin 38% (98th), ROA 24% (98th)
- Rapid growth, strong liquidity — revenue +62% (98th), current ratio 3.9 (87th)
Risks
- Scale/concentration risk — per 10-K
- Insurance-cycle exposure — per 10-K
- Competition — per 10-K
Notable findings
- High convictionHigh conviction — notable institutional holders, insider buying, and a strong balance sheet
- Strong balance sheetStrong balance sheet — $305M cash & investments
- Insider buyingInsider buying — 61 open-market buy(s) by 3 insider(s) (cluster of 3 insiders, ~$2M, last 6mo) Form 4 ↗
- Notable holderHeld by 5 notable fund(s): GOLDMAN SACHS GROUP INC, RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
- AccumulatingInstitutional holders rose 2→6 QoQ (2025-12-31→2026-03-31)
- New fund positionNotable fund(s) opened this quarter: STATE STREET CORP, FMR LLC, RENAISSANCE TECHNOLOGIES LLC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
60.4%
Operating margin
48.8%
Net margin
38.1%
Return on equity
32.6%
Return on assets
23.8%
Revenue growth (QoQ)
4.2%
Net-income growth
82.6%
Current ratio
3.9×
EBITDA
$108M
Tangible book value
$254M
Cash & investments
$305M
Stock comp / revenue
1.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-27 | Patel Paresh | Buy | 2.0K | $13.67 |
| 2026-05-26 | Patel Paresh | Buy | 2.0K | $13.26 |
| 2026-05-22 | Patel Paresh | Buy | 2.0K | $12.92 |
| 2026-05-21 | Patel Paresh | Buy | 2.0K | $12.82 |
| 2026-05-20 | Patel Paresh | Buy | 2.0K | $13.33 |
| 2026-05-19 | Patel Paresh | Buy | 2.0K | $13.69 |
| 2026-05-18 | Patel Paresh | Buy | 2.0K | $13.93 |
| 2026-05-15 | Patel Paresh | Buy | 500 | $13.55 |
| 2026-05-15 | Patel Paresh | Buy | 1.5K | $13.72 |
| 2026-05-14 | Patel Paresh | Buy | 2.0K | $13.75 |
| 2026-05-13 | Patel Paresh | Buy | 2.0K | $13.55 |
| 2026-05-12 | Patel Paresh | Buy | 2.0K | $13.85 |
| 2026-05-11 | Patel Paresh | Buy | 2.0K | $13.99 |
| 2026-05-08 | Patel Paresh | Buy | 2.0K | $13.52 |
| 2026-05-07 | Patel Paresh | Buy | 2.0K | $15.11 |
| 2026-05-06 | Patel Paresh | Buy | 344 | $17.33 |
| 2026-05-06 | Patel Paresh | Buy | 1.7K | $17.31 |
| 2026-05-05 | Patel Paresh | Buy | 500 | $17.05 |
| 2026-05-05 | Patel Paresh | Buy | 1.5K | $17.13 |
| 2026-05-04 | Patel Paresh | Buy | 400 | $16.51 |
| 2026-05-04 | Patel Paresh | Buy | 100 | $16.52 |
| 2026-05-04 | Patel Paresh | Buy | 1.2K | $16.61 |
| 2026-05-04 | Patel Paresh | Buy | 300 | $16.47 |
| 2026-05-01 | Patel Paresh | Buy | 2.0K | $16.53 |
| 2026-04-30 | Patel Paresh | Buy | 2.0K | $15.91 |
| 2026-04-29 | Patel Paresh | Buy | 2.0K | $16.22 |
| 2026-04-28 | Patel Paresh | Buy | 2.0K | $16.68 |
| 2026-04-27 | Patel Paresh | Buy | 2.0K | $16.88 |
| 2026-04-24 | Patel Paresh | Buy | 2.0K | $16.21 |
| 2026-04-23 | Patel Paresh | Buy | 2.0K | $16.62 |
| 2026-04-22 | Patel Paresh | Buy | 2.0K | $16.46 |
| 2026-04-21 | Patel Paresh | Buy | 2.0K | $17.28 |
| 2026-04-20 | Patel Paresh | Buy | 2.0K | $17.48 |
| 2026-04-17 | Patel Paresh | Buy | 2.0K | $16.94 |
| 2026-04-16 | Patel Paresh | Buy | 2.0K | $16.76 |
| 2026-04-15 | Patel Paresh | Buy | 2.0K | $16.43 |
| 2026-04-14 | Patel Paresh | Buy | 130 | $16.18 |
| 2026-04-14 | Patel Paresh | Buy | 270 | $16.17 |
| 2026-04-14 | Patel Paresh | Buy | 166 | $16.19 |
| 2026-04-14 | Patel Paresh | Buy | 1.4K | $16.14 |
| 2026-04-13 | Patel Paresh | Buy | 2.0K | $15.13 |
| 2026-04-10 | Patel Paresh | Buy | 2.0K | $15.38 |
| 2026-04-09 | Patel Paresh | Buy | 2.0K | $15.74 |
| 2026-04-08 | Patel Paresh | Buy | 2.0K | $15.05 |
| 2026-04-07 | Patel Paresh | Buy | 2.0K | $14.22 |
| 2026-04-06 | Patel Paresh | Buy | 2.0K | $14.26 |
| 2026-04-02 | Patel Paresh | Buy | 2.0K | $13.79 |
| 2026-04-01 | Patel Paresh | Buy | 2.0K | $14.94 |
| 2026-03-31 | Patel Paresh | Buy | 2.0K | $14.44 |
| 2026-03-30 | Patel Paresh | Buy | 2.0K | $14.08 |
| 2026-03-27 | Patel Paresh | Buy | 2.0K | $13.89 |
| 2026-03-26 | Patel Paresh | Buy | 2.0K | $14.52 |
| 2026-03-25 | Patel Paresh | Buy | 2.0K | $14.81 |
| 2026-03-24 | Patel Paresh | Buy | 2.0K | $14.99 |
| 2026-03-23 | Patel Paresh | Buy | 2.0K | $14.93 |
| 2026-03-23 | Macchiarola James J | Buy | 4.0K | $15.12 |
| 2026-03-20 | Patel Paresh | Buy | 2.0K | $15.50 |
| 2026-03-19 | Patel Paresh | Buy | 2.0K | $15.36 |
| 2026-03-18 | Patel Paresh | Buy | 2.0K | $16.30 |
| 2026-03-17 | Patel Paresh | Buy | 2.0K | $15.68 |
| 2026-03-09 | Lopes Robert A. Jr. | Buy | 2.5K | $15.35 |
| 2025-12-18 | Baker Brook Armstrong | Buy | 10K | $19.58 |
| 2025-12-18 | Mitchell Kevin Andrew | Buy | 13K | $19.58 |
| 2025-12-18 | Bulku Suela | Tax withheld | 3.9K | $19.58 |
| 2025-12-18 | Bulku Suela | Buy | 10K | $19.58 |
| 2025-12-18 | Baker Brook Armstrong | Tax withheld | 3.9K | $19.58 |
| 2025-11-06 | Baker Brook Armstrong | Buy | 1.0K | $21.00 |
| 2025-11-06 | Spencer Loreen M | Buy | 4.0K | $21.00 |
| 2025-11-06 | Hurst Irene | Buy | 2.0K | $21.00 |
| 2025-11-06 | Mitchell Kevin Andrew | Buy | 1.0K | $21.00 |
| 2025-11-06 | Bulku Suela | Buy | 1.0K | $21.00 |
| 2025-11-06 | Baker Brook Armstrong | Buy | 1.0K | $21.00 |
| 2025-11-06 | Macchiarola James J | Buy | 20K | $21.00 |
| 2025-11-06 | Lopes Robert A. Jr. | Buy | 10K | $21.00 |
| 2025-11-06 | Patel Paresh | Buy | 50K | $21.00 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-10 | 2026-06-09 | 0001193125-26-265863 ↗ |
| 8-K | 2026-05-26 | 2026-05-26 | 0001193125-26-239353 ↗ |
| 10-Q/A | 2026-05-15 | 2026-03-31 | 0001193125-26-226982 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001193125-26-211961 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001193125-26-209055 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001193125-26-076686 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001193125-26-072006 ↗ |
| 8-K | 2025-12-22 | 2025-12-19 | 0001193125-25-328712 ↗ |
| 8-K | 2025-12-22 | 2025-12-18 | 0001193125-25-328711 ↗ |
| 10-Q | 2025-12-11 | 2025-09-30 | 0001193125-25-315970 ↗ |
| 8-K | 2025-12-10 | 2025-12-10 | 0001193125-25-314300 ↗ |
| 8-K | 2025-11-07 | 2025-11-07 | 0001193125-25-272389 ↗ |