RootROOT
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
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
1 analyst rating
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









