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Company profile
Ticker
ROOT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Root Stockholdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Caret Holdings, Inc. • Root Enterprise, LLC • Root Insurance Agency, LLC • Root Insurance Company • Root Lone Star Insurance Agency, Inc. • Root Property & Casualty Insurance Company • Root Reinsurance Company, Ltd. • Root Scout, LLC ...
IRS number
842717903
ROOT stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
26 Apr 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Departure of Directors or Certain Officers
16 Apr 24
8-K
Regulation FD Disclosure
3 Apr 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Results of Operations and Financial Condition
21 Feb 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Results of Operations and Financial Condition
1 Nov 23
8-K
Departure of Directors or Certain Officers
26 Oct 23
Transcripts
ROOT
Earnings call transcript
2023 Q4
21 Feb 24
ROOT
Earnings call transcript
2023 Q3
2 Nov 23
ROOT
Earnings call transcript
2023 Q2
3 Aug 23
ROOT
Earnings call transcript
2023 Q1
4 May 23
ROOT
Earnings call transcript
2022 Q4
23 Feb 23
ROOT
Earnings call transcript
2022 Q3
10 Nov 22
ROOT
Earnings call transcript
2022 Q2
9 Aug 22
ROOT
Earnings call transcript
2022 Q1
28 Apr 22
ROOT
Earnings call transcript
2021 Q4
24 Feb 22
ROOT
Earnings call transcript
2021 Q3
11 Nov 21
Latest ownership filings
3
Ryan Forish
18 Apr 24
4
Jonathan Allison
18 Apr 24
4/A
Alexander E. Timm
3 Apr 24
4
Alexander E. Timm
3 Apr 24
4
Mahtiyar Bonakdarpour
3 Apr 24
4
Jonathan Allison
3 Apr 24
4
Megan Binkley
3 Apr 24
SC 13G/A
Schusterman Interests, LLC
20 Mar 24
4
Jonathan Allison
20 Mar 24
4
Mahtiyar Bonakdarpour
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 636.30 mm | 636.30 mm | 636.30 mm | 636.30 mm | 636.30 mm | 636.30 mm |
Cash burn (monthly) | (no burn) | 15.37 mm | 15.27 mm | 15.14 mm | (no burn) | 10.53 mm |
Cash used (since last report) | n/a | 106.57 mm | 105.88 mm | 105.01 mm | n/a | 73.05 mm |
Cash remaining | n/a | 529.73 mm | 530.42 mm | 531.29 mm | n/a | 563.25 mm |
Runway (months of cash) | n/a | 34.5 | 34.7 | 35.1 | n/a | 53.5 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 66 |
Opened positions | 10 |
Closed positions | 16 |
Increased positions | 12 |
Reduced positions | 16 |
13F shares | Current |
---|---|
Total value | 50.36 bn |
Total shares | 48.35 mm |
Total puts | 101.30 k |
Total calls | 254.68 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Drive Capital Overdrive Fund I | 25.98 mm | $80.54 mm |
Daniel Manges | 6.17 mm | $19.12 mm |
Carvana | 3.15 mm | $0.00 |
Stad Marc | 2.78 mm | $8.61 mm |
Alexander E. Timm | 1.92 mm | $5.96 mm |
Ribbit Capital IV | 1.87 mm | $0.00 |
Ribbit Capital GP IV | 1.64 mm | $15.58 bn |
SIVBQ SVB Financial | 783.01 k | $7.45 bn |
Redpoint Omega II | 589.41 k | $0.00 |
Silver Lake Group, L.L.C. | 514.40 k | $4.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Apr 24 | Jonathan Allison | Class A Common Stock | Payment of exercise | Dispose F | No | No | 61.84 | 14 | 865.76 | 71,143 |
2 Apr 24 | Jonathan Allison | Class A Common Stock | Payment of exercise | Dispose F | No | No | 62.08 | 974 | 60.47 k | 71,157 |
2 Apr 24 | Jonathan Allison | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 2,147 | 0.00 | 72,131 |
2 Apr 24 | Jonathan Allison | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 2,147 | 0.00 | 19,326 |
2 Apr 24 | Megan Binkley | Class A Common Stock | Payment of exercise | Dispose F | No | No | 62.08 | 722 | 44.82 k | 69,798 |
2 Apr 24 | Megan Binkley | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 1,592 | 0.00 | 70,520 |
2 Apr 24 | Megan Binkley | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 1,592 | 0.00 | 14,330 |
2 Apr 24 | Alexander E. Timm | Class A Common Stock | Payment of exercise | Dispose F | No | No | 62.08 | 9,676 | 600.69 k | 178,009 |
2 Apr 24 | Alexander E. Timm | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 20,990 | 0.00 | 187,685 |
2 Apr 24 | Alexander E. Timm | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 20,990 | 0.00 | 188,906 |
News
Keefe, Bruyette & Woods Reiterates Outperform on Root, Raises Price Target to $70
24 Apr 24
JMP Securities Reiterates Market Outperform on Root, Maintains $15 Price Target
15 Apr 24
Analyst Ratings For Root
11 Apr 24
Wells Fargo Maintains Equal-Weight on Root, Raises Price Target to $64
11 Apr 24
Top 3 Financial Stocks That Are Ticking Portfolio Bombs
11 Apr 24
Press releases
Root, Inc. Schedules Conference Call to Discuss First Quarter 2024 Financial Results
10 Apr 24
Thinking about buying stock in Agile Therapeutics, Nano-X Imaging, Eastside Distilling, Root Inc, or GigaCloud Technology?
22 Feb 24
Thinking about buying stock in Vermilion Energy, Staffing 360 Solutions, DURECT, Root Inc, or Ventyx Biosciences?
22 Feb 24
Root, Inc. Schedules Conference Call to Discuss 2023 Fourth Quarter and Full Year Financial Results
5 Feb 24