77,096 Shares in Root, Inc. $ROOT Purchased by X Square Capital LLC

Posted by on Jun 9th, 2026

X Square Capital LLC purchased a new position in Root, Inc. (NASDAQ:ROOT – Free Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 77,096 shares of the company’s stock, valued at approximately $5,569,000. Root comprises approximately 1.8% of X Square Capital LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other large investors also recently made changes to their positions in ROOT. UBS Group AG grew its stake in shares of Root by 372.1% in the 3rd quarter. UBS Group AG now owns 228,738 shares of the company’s stock worth $20,474,000 after purchasing an additional 180,289 shares during the last quarter. Capital Research Global Investors lifted its stake in Root by 31.7% during the fourth quarter. Capital Research Global Investors now owns 654,252 shares of the company’s stock valued at $47,257,000 after purchasing an additional 157,654 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Root by 25.9% during the third quarter. Vanguard Group Inc. now owns 724,541 shares of the company’s stock worth $64,854,000 after buying an additional 149,064 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Root by 132.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 170,476 shares of the company’s stock worth $12,313,000 after buying an additional 97,149 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Root during the fourth quarter worth $4,697,000. Institutional investors own 59.82% of the company’s stock.

Root Stock Up 2.6%

Root stock opened at $54.92 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. Root, Inc. has a 1-year low of $40.91 and a 1-year high of $162.99. The firm’s fifty day simple moving average is $52.48 and its 200-day simple moving average is $60.95. The company has a market capitalization of $869.38 million, a P/E ratio of 16.44 and a beta of 2.88.

Root (NASDAQ:ROOT – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $2.09 EPS for the quarter, topping the consensus estimate of $0.84 by $1.25. Root had a net margin of 3.58% and a return on equity of 19.97%. The firm had revenue of $393.50 million for the quarter, compared to the consensus estimate of $398.16 million. During the same period in the prior year, the business posted $1.07 earnings per share. The business’s quarterly revenue was up 12.5% on a year-over-year basis. Sell-side analysts forecast that Root, Inc. will post 2.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ROOT shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Root in a research note on Tuesday, May 26th. Wall Street Zen upgraded shares of Root from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Keefe, Bruyette & Woods dropped their price target on shares of Root from $104.00 to $95.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Wells Fargo & Company increased their price objective on Root from $52.00 to $58.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Finally, Zacks Research cut Root from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $93.20.

Get Our Latest Research Report on ROOT

About Root

(Free Report)

Root, trading on the Nasdaq under the ticker ROOT, is a Columbus, Ohio–based insurance company that leverages mobile technology and data analytics to offer personalized auto insurance policies. Founded in 2015 by Alex Timm and Dan Manges, Root set out to transform traditional underwriting by focusing on individual driving behavior rather than broad demographic factors.

The company’s core product is usage-based auto insurance, delivered through a smartphone app that monitors driving patterns such as speed, braking and phone usage behind the wheel.

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Institutional Ownership by Quarter for Root (NASDAQ:ROOT)

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