Root, Inc. Class A (ROOT)

In the past six months, Root, Inc.'s stock experienced movements influenced by financial reporting and market sentiment. On August 7, 2025, Root reported record high gross earned premiums for Q2 2025, but the stock fell despite beating earnings expectations. On November 5, 2025, Root reported its Q3 2025 earnings, exceeding analysts' expectations. The company is expected to announce its Q4 and full-year 2024 financial results on February 26, 2026. Over the past year, Root's stock price has ranged between $56.00 and $181.14, with a closing price of $62.08 as of February 6, 2026.

Demand for Root, Inc.'s products and services exhibits seasonality. The first quarter is typically the strongest due to seasonal factors like tax refunds and lower mileage driven, but this tailwind is not expected to persist throughout the year. Loss ratios may slightly increase in the second half of the year due to seasonality. Root's marketing strategy is optimized for the net present value of its business, leading to higher investment in the direct channel during Q1.

Root, Inc. is a technology insurance company in the United States, providing automobile and renters insurance. It operates in the Financials sector, specifically the InsurTech industry. Root uses a direct-to-consumer model via mobile apps and websites, employing mobile telematics and technology platforms for personalized risk assessment and pricing.

Root, Inc. provides insurance products and services across the United States and currently operates in 35 states as of Q1 2025. The company is expanding its geographic presence, with regulatory filings pending in Michigan, Washington, New Jersey, and Massachusetts.

Root, Inc. has maintained a brand reputation centered on its innovative approach to car insurance. The company bases insurance rates on driving behaviors rather than demographics, using mobile technology and data science. Root is recognized as the largest auto insurtech in the country by premium and is noted for its user-friendly mobile application. The company leverages AI and machine learning for accurate risk assessment and personalized pricing. Root's commitment to transparency and communication with investors is also highlighted through its regular financial result conference calls.

Root, Inc. has a diverse ownership structure, with institutional investors holding a significant portion of shares. There are 323 institutional owners and shareholders, collectively holding 10,982,423 shares. Major institutional shareholders include Ribbit Management Company, LLC, BlackRock, Inc., T. Rowe Price Investment Management, Inc., Vanguard Group Inc, Capital Research Global Investors, Renaissance Technologies Llc, American Century Companies Inc, and Geode Capital Management, Llc. Institutional investors collectively own over 50% of the company. Alexander Timm, the co-founder and CEO, is also a significant individual shareholder.