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The price of Root Inc (NASDAQ: ROOT) closed at $147.42 in the last session, up 4.19% from day before closing price of $141.49. In other words, the price has increased by $4.19 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
We take a closer look at ROOT’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.58.
On March 01, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $10 to $40.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on February 26, 2024, whereas the target price for the stock was revised from $10 to $22.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 06 ’25 when Ribbit Capital IV, L.P. bought 500,000 shares for $143.61 per share.
Malka Meyer sold 225,000 shares of ROOT for $30,558,066 on Apr 30 ’25. The 10% Owner now owns 503,800 shares after completing the transaction at $135.81 per share. On Apr 30 ’25, another insider, Ribbit Capital IV, L.P., who serves as the 10% Owner of the company, bought 225,000 shares for $151.00 each.
Valuation Measures:
As of this moment, Root’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.02, and their Forward P/E ratio for the next fiscal year is 80.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 9.80.
Stock Price History:
Over the past 52 weeks, ROOT has reached a high of $181.14, while it has fallen to a 52-week low of $34.04. The 50-Day Moving Average of the stock is 6.89%, while the 200-Day Moving Average is calculated to be 71.03%.
Shares Statistics:
A total of 11.20M shares are outstanding, with a floating share count of 7.68M. Insiders hold about 52.30% of the company’s shares, while institutions hold 30.77% stake in the company.
