118.50 USD
+3.98
3.48%
Updated Feb 12, 12:27 PM EST
1 day
3.48%
5 days
10.00%
1 month
44.88%
3 months
58.02%
6 months
153.75%
Year to date
61.38%
1 year
1,304.03%
5 years
-75.62%
10 years
-75.62%
 

About: Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.

Employees: 680

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 21

60% more call options, than puts

Call options by funds: $19.7M | Put options by funds: $12.3M

21% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 24

4% more funds holding

Funds holding: 99 [Q2] → 103 (+4) [Q3]

7.37% less ownership

Funds ownership: 78.13% [Q2] → 70.76% (-7.37%) [Q3]

29% less capital invested

Capital invested by funds: $399M [Q2] → $283M (-$116M) [Q3]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 3 (-2) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$80
32%
downside
Avg. target
$80
32%
downside
High target
$80
32%
downside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Wells Fargo
Elyse Greenspan
66% 1-year accuracy
71 / 108 met price target
32%downside
$80
Equal-Weight
Maintained
14 Jan 2025

Financial journalist opinion

Based on 6 articles about ROOT published over the past 30 days

Positive
Zacks Investment Research
5 days ago
All You Need to Know About Root (ROOT) Rating Upgrade to Strong Buy
Root (ROOT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
All You Need to Know About Root (ROOT) Rating Upgrade to Strong Buy
Positive
Zacks Investment Research
6 days ago
What Makes Root, Inc. (ROOT) a Strong Momentum Stock: Buy Now?
Does Root, Inc. (ROOT) have what it takes to be a top stock pick for momentum investors? Let's find out.
What Makes Root, Inc. (ROOT) a Strong Momentum Stock: Buy Now?
Neutral
Newsfile Corp
1 week ago
New Functional Medicine Practice, Aura Functional Medicine, Offers Holistic, Root-Cause Focused Healthcare to the Boulder, Colorado Area
Functional medicine expert and naturopathic doctor, Dr. Alison Egeland, has launched Aura Functional Medicine, a new practice that applies the latest in advanced testing and personalized, natural treatment methods Lafayette, Colorado--(Newsfile Corp. - February 5, 2025) - Aura Functional Medicine, a new naturopathic and functional medicine practice, has officially launched and is now offering patient care in the Boulder/ Denver, Colorado metro region. The practice focuses on providing personalized solutions for reversing complex chronic illness and promoting optimal health, vitality, and longevity.
New Functional Medicine Practice, Aura Functional Medicine, Offers Holistic, Root-Cause Focused Healthcare to the Boulder, Colorado Area
Neutral
GlobeNewsWire
1 week ago
Root's Super Bowl Survey: Nearly Half of Football Fans Watched Games While Driving this Season
Survey from Car Insurance Company Root Insurance reveals 44% of fans watched their favorite teams from the driver's seat, including 42% of Eagles fans and 36% of Chiefs fans Survey from Car Insurance Company Root Insurance reveals 44% of fans watched their favorite teams from the driver's seat, including 42% of Eagles fans and 36% of Chiefs fans
Root's Super Bowl Survey: Nearly Half of Football Fans Watched Games While Driving this Season
Positive
Zacks Investment Research
2 weeks ago
Root, Inc. (ROOT) Just Overtook the 50-Day Moving Average
Root, Inc. (ROOT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ROOT broke through the 50-day moving average, which suggests a short-term bullish trend.
Root, Inc. (ROOT) Just Overtook the 50-Day Moving Average
Neutral
GlobeNewsWire
2 weeks ago
Root, Inc. Schedules Conference Call to Discuss 2024 Fourth Quarter and Full Year Financial Results
COLUMBUS, Ohio, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the fourth quarter and full year 2024 and provide an update on company operations on Wednesday, February 26, 2025 at 5:00 p.m. Eastern Time. The company plans to release fourth quarter and full year results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on Wednesday, February 26, 2024.
Root, Inc. Schedules Conference Call to Discuss 2024 Fourth Quarter and Full Year Financial Results
Positive
Seeking Alpha
1 month ago
Root Inc.: A Turn Around That Still Has Upside
Root Inc.: A Turn Around That Still Has Upside
Root Inc.: A Turn Around That Still Has Upside
Neutral
GlobeNewsWire
1 month ago
Root, Inc. to Participate in the 27th Annual ICR Conference
COLUMBUS, Ohio, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced that the Company will participate in the 27th Annual ICR Conference taking place January 13 - 15, 2025 in Orlando, Florida.
Root, Inc. to Participate in the 27th Annual ICR Conference
Negative
The Motley Fool
1 month ago
Why Shares of Root Stock Sank in December
Shares of Root (ROOT 2.83%) sank 27.3% in December, according to data from S&P Global Market Intelligence. The insurance technology (insurtech) upstart saw a pullback after gaining over 100% after fantastic third-quarter (Q3) earnings at the end of October.
Why Shares of Root Stock Sank in December
Positive
Seeking Alpha
1 month ago
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