Root Inc (NASDAQ:ROOT) shares traded 0.28% higher at $135.49 on Wall Street last session.
ROOT stock price is now -1.65% away from the 50-day moving average and 38.23% away from the 200-day moving average. The market capitalization of the company currently stands at $2.18B.
On March 01, 2024, Jefferies Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $10 to quote $40, while ‘Keefe Bruyette’ rates the stock as ‘Outperform’
In other news, Allison Jonathan, Chief Administrative Officer sold 2,500 shares of the company’s stock on Jun 16 ’25. The stock was sold for $372,900 at an average price of $149.16. Upon completion of the transaction, the Chief Administrative Officer now directly owns 52,150 shares in the company, valued at $7.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 16 ’25, Officer Allison Jonathan bought 2,500 shares of the business’s stock. A total of $372,900 was incurred on buying the stock at an average price of $149.16. A total of 38.98% of the company’s stock is owned by insiders.
During the past 12 months, Root Inc has had a low of $34.04 and a high of $181.14.
The net profit margin was 4.11% and return on equity was 17.95% for ROOT.
