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Root Inc

ROOT

87.822USD

-2.608-2.88%
Market hours ETQuotes delayed by 15 min
1.35BMarket Cap
25.86P/E TTM

Root Inc

87.822

-2.608-2.88%
More Details of Root Inc Company
Root, Inc. is a holding company. The Company operates through its subsidiaries, including Root Insurance Company, Root Property & Casualty Insurance Company and Root Reinsurance Company, Ltd. The Company is a technology insurance company operating a direct-to-consumer model with its personal insurance customers acquired through mobile apps. It offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. The Company, by collecting and synthesizing sensory behavioral data across thousands of driving variables, including distracted driving, it strives to price auto insurance based more on causality than correlation. It uses telematics, mobile technology and its digital platform to collect data points that it evaluates in pricing and underwriting certain of its insurance policies, managing claims and customer support, and improving business processes. Its primary focus is on the United States auto insurance market.
Company Info
Ticker SymbolROOT
Company nameRoot Inc
IPO dateOct 28, 2020
CEOMr. Alexander E. (Alex) Timm
Number of employees1021
Security typeOrdinary Share
Fiscal year-endOct 28
Address80 E Rich St Ste 500
CityCOLUMBUS
Stock exchangeNASDAQ Global Select Consolidated
CountryUnited States of America
Postal code43215
Phone18669809431
Websitehttps://joinroot.com/
Ticker SymbolROOT
IPO dateOct 28, 2020
CEOMr. Alexander E. (Alex) Timm
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Mahtiyar (Matt) Bonakdarpour
Mr. Mahtiyar (Matt) Bonakdarpour
President, Chief Technology Officer
President, Chief Technology Officer
208.97K
-0.79%
Ms. Megan Binkley
Ms. Megan Binkley
Chief Financial Officer
Chief Financial Officer
26.97K
--
Mr. Jonathan Allison
Mr. Jonathan Allison
Chief Administrative Officer
Chief Administrative Officer
15.92K
-13.58%
Ms. Beth A. Birnbaum
Ms. Beth A. Birnbaum
Independent Director
Independent Director
14.28K
-10.82%
Ms. Julie Szudarek
Ms. Julie Szudarek
Independent Director
Independent Director
11.83K
-21.14%
Ms. Donna G. Dorsey
Ms. Donna G. Dorsey
Independent Director
Independent Director
9.96K
+12.66%
Mr. Lawrence W. (Larry) Hilsheimer, J.D.
Mr. Lawrence W. (Larry) Hilsheimer, J.D.
Lead Independent Director
Lead Independent Director
--
--
Mr. Douglas (Doug) Ulman
Mr. Douglas (Doug) Ulman
Independent Director
Independent Director
--
--
Mr. Alexander E. (Alex) Timm
Mr. Alexander E. (Alex) Timm
Chief Executive Officer, Co-Founder, Director
Chief Executive Officer, Co-Founder, Director
--
--
Name
Name/Position
Position
Shareholding
Change
Mr. Mahtiyar (Matt) Bonakdarpour
Mr. Mahtiyar (Matt) Bonakdarpour
President, Chief Technology Officer
President, Chief Technology Officer
208.97K
-0.79%
Ms. Megan Binkley
Ms. Megan Binkley
Chief Financial Officer
Chief Financial Officer
26.97K
--
Mr. Jonathan Allison
Mr. Jonathan Allison
Chief Administrative Officer
Chief Administrative Officer
15.92K
-13.58%
Ms. Beth A. Birnbaum
Ms. Beth A. Birnbaum
Independent Director
Independent Director
14.28K
-10.82%
Ms. Julie Szudarek
Ms. Julie Szudarek
Independent Director
Independent Director
11.83K
-21.14%
Ms. Donna G. Dorsey
Ms. Donna G. Dorsey
Independent Director
Independent Director
9.96K
+12.66%
Revenue Breakdown
No Data
No Data
By Business
By Region
No Data
Shareholding Stats
Updated: Sun, Aug 17
Updated: Sun, Aug 17
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Ribbit Management Company, LLC
9.05%
T. Rowe Price Investment Management, Inc.
5.94%
BlackRock Institutional Trust Company, N.A.
4.84%
The Vanguard Group, Inc.
4.21%
Capital Research Global Investors
3.65%
Other
72.31%
Shareholders
Shareholders
Proportion
Ribbit Management Company, LLC
9.05%
T. Rowe Price Investment Management, Inc.
5.94%
BlackRock Institutional Trust Company, N.A.
4.84%
The Vanguard Group, Inc.
4.21%
Capital Research Global Investors
3.65%
Other
72.31%
Shareholder Types
Shareholders
Proportion
Investment Advisor
31.92%
Investment Advisor/Hedge Fund
11.95%
Hedge Fund
9.78%
Individual Investor
3.71%
Research Firm
2.53%
Corporation
1.42%
Private Equity
1.13%
Sovereign Wealth Fund
0.64%
Pension Fund
0.58%
Other
36.34%
Institutional Shareholding
Updated: Tue, Jul 1
Updated: Tue, Jul 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q2
353
7.65M
56.14%
-2.08M
2025Q1
354
7.34M
61.39%
-2.51M
2024Q4
304
8.06M
72.08%
-3.21M
2024Q3
286
8.11M
76.36%
-2.23M
2024Q2
280
8.05M
76.22%
-1.47M
2024Q1
269
6.85M
71.10%
-1.73M
2023Q4
262
6.77M
71.32%
-1.41M
2023Q3
286
7.41M
80.36%
-876.15K
2023Q2
298
6.92M
75.81%
-1.87M
2023Q1
306
7.61M
85.99%
-1.67M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
T. Rowe Price Investment Management, Inc.
679.70K
5.62%
+271.10K
+66.35%
Mar 31, 2025
BlackRock Institutional Trust Company, N.A.
578.90K
4.79%
-41.04K
-6.62%
Mar 31, 2025
The Vanguard Group, Inc.
527.55K
4.36%
+2.12K
+0.40%
Mar 31, 2025
Capital Research Global Investors
368.91K
3.05%
+368.91K
--
Mar 31, 2025
Renaissance Technologies LLC
419.51K
3.47%
+156.00K
+59.20%
Mar 31, 2025
American Century Investment Management, Inc.
230.71K
1.91%
+229.16K
+14755.70%
Mar 31, 2025
Galileo (PTC) Ltd
252.67K
2.09%
--
--
Mar 31, 2025
Geode Capital Management, L.L.C.
197.85K
1.64%
+7.20K
+3.78%
Mar 31, 2025
View more
Related ETFs
Updated: Wed, Aug 6
Updated: Wed, Aug 6
Name
Proportion
Principal U.S. Small-Cap ETF
0.6%
Franklin Exponential Data ETF
0.4%
Janus Henderson Small Cap Growth Alpha ETF
0.26%
Janus Henderson Small/Mid Cap Growth Alpha ETF
0.26%
Even Herd Long Short ETF
0.22%
Federated Hermes MDT Small Cap Core ETF
0.21%
Vanguard US Momentum Factor ETF
0.18%
Fidelity Enhanced Small Cap ETF
0.15%
First Trust Active Factor Small Cap ETF
0.12%
Avantis US Small Cap Equity ETF
0.12%
View more
Principal U.S. Small-Cap ETF
Proportion0.6%
Franklin Exponential Data ETF
Proportion0.4%
Janus Henderson Small Cap Growth Alpha ETF
Proportion0.26%
Janus Henderson Small/Mid Cap Growth Alpha ETF
Proportion0.26%
Even Herd Long Short ETF
Proportion0.22%
Federated Hermes MDT Small Cap Core ETF
Proportion0.21%
Vanguard US Momentum Factor ETF
Proportion0.18%
Fidelity Enhanced Small Cap ETF
Proportion0.15%
First Trust Active Factor Small Cap ETF
Proportion0.12%
Avantis US Small Cap Equity ETF
Proportion0.12%
Dividend
A total of 0.00 USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
No Data
Stock Split
Date
Type
Ratio
Aug 10, 2022
Merger
18<1
Aug 10, 2022
Merger
18<1
Aug 10, 2022
Merger
18<1
Aug 10, 2022
Merger
18<1
Date
Type
Ratio
Aug 10, 2022
Merger
18<1
Aug 10, 2022
Merger
18<1
Aug 10, 2022
Merger
18<1
Aug 10, 2022
Merger
18<1
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