ROOTNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31
Root, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$52.32+1.85 (+3.67%)
Close on Oct 19, 2026
- Market cap
- $889.44M
- P/E (TTM)
- 14.8
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
60.7%
9M of 15M shares
Institutional holders
159
39 new, 26 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
0 buys · 13 sales
Net sold $3.11M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| SVB Financial Group | 783,012 | 8.20% | 13G (passive) amendment | Dec 31, 2023 |
| Carvana Co. | 780,727 | 5.40% | 13D (active) amendment | Aug 31, 2026 |
| Cannell Capital LLC | 717,043 | 7.47% | 13G (passive) | Dec 31, 2023 |
| Carvana Group, LLC | 3,708,454 | 21.20% | 13D (active) amendment | Feb 28, 2026 |
| Carvana Co. Sub LLC | 2,216,547 | 14.00% | 13D (active) amendment | Sep 1, 2025 |
| Meyer Malka (“Malka”) | 1,903,827 | 15.30% | 13G (passive) amendment | Sep 30, 2024 |
| Ribbit Capital GP IV, L.P. | 1,232,607 | 8.70% | 13G (passive) amendment | Jun 30, 2025 |
| T. Rowe Price Investment Management, Inc. | 1,185,073 | 8.60% | 13G (passive) amendment | Mar 31, 2026 |
| Alexander E. Timm | 1,139,040 | 7.80% | 13G (passive) amendment | Jun 30, 2025 |
| BlackRock, Inc. | 1,011,125 | 7.20% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ROOT | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Ribbit Management Company, LLC | 1,232,607 | 7.96% | $68.93M | – | 3.36% |
| T. Rowe Price Investment Management, Inc. | 1,220,908 | 7.88% | $68.27K | +35,835 | 0.04% |
| BlackRock, Inc. | 1,149,263 | 7.42% | $64.27M | +98,936 | 0.00% |
| Vanguard Capital Management LLC | 528,317 | 3.41% | $29.54M | +11,685 | 0.00% |
| Findell Capital Management LLC | 460,000 | 2.97% | $25.72M | +85,000 | 3.62% |
| Geode Capital Management, LLC | 345,379 | 2.23% | $19.32M | +25,851 | 0.00% |
| State Street Corp | 290,772 | 1.88% | $16.26M | +24,833 | 0.00% |
| Galileo (PTC) Ltd | 252,669 | 1.63% | $14.13M | – | 1.28% |
| Renaissance Technologies LLC | 245,281 | 1.58% | $13.72M | +6,500 | 0.02% |
| Boothbay Fund Management, LLC | 203,234 | 1.31% | $11.36M | +64,238 | 0.15% |
| Quinn Opportunity Partners LLC | 171,176 | 1.10% | $9.57M | +100,837 | 0.44% |
| Tairen Capital Ltd | 160,798 | 1.04% | $8.99M | – | 0.79% |
| Dragoneer Investment Group, LLC | 154,320 | 1.00% | $8.63M | – | 0.30% |
| Morgan Stanley | 148,225 | 0.96% | $8.29M | +7,148 | 0.00% |
| Goldman Sachs Group Inc | 144,306 | 0.93% | $8.07M | −5,011 | 0.00% |
| Price T Rowe Associates Inc /Md/ | 125,904 | 0.81% | $7.04K | +2,379 | 0.00% |
| Northern Trust Corp | 120,334 | 0.78% | $6.73M | +10,926 | 0.00% |
| Charles Schwab Investment Management Inc | 109,270 | 0.71% | $6.11M | +1,577 | 0.00% |
| Vanguard Portfolio Management LLC | 106,983 | 0.69% | $5.98M | +16,067 | 0.00% |
| Bank Of America Corp /De/ | 105,524 | 0.68% | $5.90M | −22,057 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 159 | 9M | 60.7% | 39 / 59 | 34 / 26 | 1M | 1M |
| Q1 2026 | 148 | 10M | 62.5% | 30 / 51 | 40 / 50 | 2M | 2M |
| Q4 2025 | 170 | 10M | 66.9% | 32 / 61 | 48 / 42 | 2M | 1M |
| Q3 2025 | 181 | 9M | 61.3% | 36 / 69 | 49 / 56 | 2M | 2M |
| Q2 2025 | 201 | 9M | 60.8% | 58 / 85 | 38 / 31 | 2M | 1M |
| Q1 2025 | 175 | 8M | 50.9% | 72 / 33 | 49 / 23 | 2M | 2M |
| Q4 2024 | 128 | 7M | 47.5% | 48 / 40 | 23 / 21 | 1M | 2M |
| Q3 2024 | 102 | 7M | 48.3% | 29 / 35 | 21 / 24 | 2M | 2M |
| Q2 2024 | 98 | 7M | 47.6% | 32 / 28 | 25 / 20 | 2M | 1M |
| Q1 2024 | 86 | 6M | 40.3% | 32 / 18 | 21 / 10 | 2M | 1M |
| Q4 2023 | 64 | 6M | 39.3% | 12 / 23 | 10 / 4 | 3M | 1M |
| Q3 2023 | 58 | 6M | 38.0% | 10 / 11 | 16 / 13 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ROOT | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 355,362 | 2.29% | $19.87M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 341,551 | 2.20% | $19.10M | 0.02% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 332,305 | 2.14% | $18.58M | 0.18% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Stock Fund, Inc. | 263,218 | 1.70% | $14.72M | 0.16% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 161,292 | 1.04% | $9.02M | 0.01% | Jun 30, 2026 |
| T. Rowe Price Institutional Small-Cap Stock Fund | 142,621 | 0.92% | $7.98M | 0.16% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 141,021 | 0.91% | $7.64M | 0.02% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 120,979 | 0.78% | $6.77M | 0.04% | Jun 30, 2026 |
| T. Rowe Price New Horizons Fund, Inc. | 79,926 | 0.52% | $4.47M | 0.03% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 75,522 | 0.49% | $4.22M | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 71,415 | 0.46% | $3.72M | 0.01% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 65,183 | 0.42% | $3.39M | 0.01% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 63,184 | 0.41% | $3.29M | 0.02% | May 31, 2026 |
| iShares U.S. Small-Cap Equity Factor ETF | 39,655 | 0.26% | $2.15M | 0.05% | Jul 31, 2026 |
| Schwab Small-Cap Index Fund | 31,330 | 0.20% | $1.70M | 0.02% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Alexander E. Timm | Chief Executive Officer, Director, 10% owner | 19,453,725 | 125.56% | Apr 3, 2026 |
| Ryan Forish | Chief Accounting Officer | 23,444 | 0.15% | Sep 22, 2026 |
| Megan Binkley | Chief Financial Officer | 134,817 | 0.87% | Aug 24, 2026 |
| Jonathan Allison | Chief Administrative Officer | 68,356 | 0.44% | May 18, 2026 |
| Mahtiyar Bonakdarpour | President and CTO | 541,011 | 3.49% | Apr 3, 2026 |
| Jerri Devard | Director | 21,396 | 0.14% | Jun 4, 2026 |
| Nancy J. Kramer | Director | 30,797 | 0.20% | Jun 4, 2026 |
| Beth A. Birnbaum | Director | 17,144 | 0.11% | Jun 4, 2026 |
| Doug Ulman | Director | 37,807 | 0.24% | Jun 4, 2026 |
| Lawrence A. Hilsheimer | Director | 145,455 | 0.94% | Jun 4, 2026 |
| Julie Szudarek | Director | 14,696 | 0.09% | Jun 4, 2026 |
| Donna Dorsey | Director | 12,820 | 0.08% | Jun 4, 2026 |
| Carvana Group, Llc | 10% owner | – | – | Sep 2, 2026 |
| Christopher Olsen | 10% owner | 3,467,832 | 22.38% | May 23, 2025 |
| Drive Capital Overdrive Fund I (Te), L.P. | 10% owner | – | – | May 23, 2025 |
| Drive Capital Overdrive Fund I (GP), LLC | 10% owner | – | – | May 23, 2025 |
| Drive Capital Overdrive Ignition Fund I, L.P. | 10% owner | 1,593 | 0.01% | May 23, 2025 |
| Drive Capital Overdrive Fund I, L.P. | 10% owner | 51,207,093 | 330.51% | May 23, 2025 |
| Capital I. (GP) LLC Drive | 10% owner | 452,721 | 2.92% | May 23, 2025 |
| Ribbit Capital IV, L.P. | 10% owner | 1,903,827 | 12.29% | Apr 30, 2025 |
| Meyer Malka | 10% owner | 1,232,607 | 7.96% | Apr 30, 2025 |
| Bullfrog Capital, L.P. | 10% owner | 1,457,607 | 9.41% | Nov 12, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ryan Forish Chief Accounting Officer | Sep 21, 2026 | Tax withholding | −294 | $49.78 | $14.64K | 23,444 |
| Ryan Forish Chief Accounting Officer | Sep 15, 2026 | Tax withholding | −490 | $53.60 | $26.26K | 23,738 |
| Megan Binkley Chief Financial Officer | Aug 21, 2026 | Gift | −1,523 | – | – | 112,317 |
| Ryan Forish Chief Accounting Officer | Aug 21, 2026 | Tax withholding | −88 | $55.79 | $4.91K | 24,228 |
| Ryan Forish Chief Accounting Officer | Jun 22, 2026 | Tax withholding | −294 | $51.07 | $15.01K | 24,316 |
| Ryan Forish Chief Accounting Officer | Jun 15, 2026 | Tax withholding | −490 | $54.86 | $26.88K | 24,610 |
| Donna Dorsey Director | Jun 3, 2026 | Award | +2,864 | – | – | 12,820 |
| Julie Szudarek Director | Jun 3, 2026 | Award | +2,864 | – | – | 14,696 |
| Jerri Devard Director | Jun 3, 2026 | Award | +2,864 | – | – | 21,396 |
| Lawrence A. Hilsheimer Director | Jun 3, 2026 | Award | +2,864 | – | – | 43,859 |
| Nancy J. Kramer Director | Jun 3, 2026 | Award | +2,864 | – | – | 20,480 |
| Doug Ulman Director | Jun 3, 2026 | Award | +2,864 | – | – | 3,983 |
| Beth A. Birnbaum Director | Jun 3, 2026 | Award | +2,864 | – | – | 17,144 |
| Ryan Forish Chief Accounting Officer | May 21, 2026 | Tax withholding | −351 | $57.85 | $20.31K | 25,100 |
| Jonathan Allison Chief Administrative Officer | May 15, 2026 | Sale(10b5-1 plan) | −1,606 | $55.96 | $89.87K | 68,356 |
| Jonathan Allison Chief Administrative Officer | May 12, 2026 | Sale(10b5-1 plan) | −1,706 | $55.74 | $95.09K | 69,962 |
| Ryan Forish Chief Accounting Officer | May 1, 2026 | Tax withholding | −82 | $55.05 | $4.51K | 25,451 |
| Jonathan Allison Chief Administrative Officer | Apr 7, 2026 | Sale(10b5-1 plan) | −1,706 | $44.35 | $75.66K | 71,668 |
| Jonathan Allison Chief Administrative Officer | Apr 2, 2026 | Sale(10b5-1 plan) | −4,112 | $42.33 | $174.06K | 73,374 |
| Megan Binkley Chief Financial Officer | Apr 1, 2026 | Option exercise | +4,777 | – | – | 115,971 |
| Megan Binkley Chief Financial Officer | Apr 1, 2026 | Tax withholding | −8,081 | $43.26 | $349.58K | 111,194 |
| Megan Binkley Chief Financial Officer | Apr 1, 2026 | Tax withholding | −2,131 | $43.26 | $92.19K | 113,840 |
| Jonathan Allison Chief Administrative Officer | Apr 1, 2026 | Tax withholding | −2,874 | $43.26 | $124.33K | 77,486 |
| Jonathan Allison Chief Administrative Officer | Apr 1, 2026 | Option exercise | +6,442 | – | – | 80,360 |
| Jonathan Allison Chief Administrative Officer | Apr 1, 2026 | Tax withholding | −8,081 | $43.26 | $349.58K | 73,918 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Apr 1, 2026 | Tax withholding | −14,965 | $43.26 | $647.39K | 244,372 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Apr 1, 2026 | Tax withholding | −3,480 | $43.26 | $150.54K | 240,892 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Apr 1, 2026 | Option exercise | +62,969 | – | – | 303,861 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Apr 1, 2026 | Tax withholding | −28,557 | $43.26 | $1.24M | 275,304 |
| Mahtiyar Bonakdarpour President and CTO | Apr 1, 2026 | Option exercise | +43,043 | – | – | 391,717 |
| Mahtiyar Bonakdarpour President and CTO | Apr 1, 2026 | Tax withholding | −1,642 | $43.26 | $71.03K | 359,556 |
| Mahtiyar Bonakdarpour President and CTO | Apr 1, 2026 | Tax withholding | −10,882 | $43.26 | $470.76K | 348,674 |
| Mahtiyar Bonakdarpour President and CTO | Apr 1, 2026 | Tax withholding | −19,198 | $43.26 | $830.51K | 372,519 |
| Jonathan Allison Chief Administrative Officer | Mar 20, 2026 | Sale(10b5-1 plan) | −3,990 | $44.78 | $178.67K | 81,999 |
| Ryan Forish Chief Accounting Officer | Mar 20, 2026 | Tax withholding | −294 | $45.59 | $13.40K | 25,533 |
| Jonathan Allison Chief Administrative Officer | Mar 17, 2026 | Sale(10b5-1 plan) | −3,990 | $45.00 | $179.55K | 85,989 |
| Ryan Forish Chief Accounting Officer | Mar 16, 2026 | Tax withholding | −489 | $44.30 | $21.66K | 25,827 |
| Jonathan Allison Chief Administrative Officer | Mar 12, 2026 | Sale(10b5-1 plan) | −3,900 | $43.61 | $170.08K | 89,979 |
| Ryan Forish Chief Accounting Officer | Mar 11, 2026 | Award | +6,620 | – | – | 26,316 |
| Jonathan Allison Chief Administrative Officer | Mar 10, 2026 | Sale(10b5-1 plan) | −3,900 | $44.97 | $175.38K | 93,879 |
| Doug Ulman Director | Mar 9, 2026 | Sale | −13,152 | $45.11 | $593.29K | 27,047 |
| Doug Ulman Director | Mar 9, 2026 | Conversion | +33,352 | – | – | 40,672 |
| Doug Ulman Director | Mar 9, 2026 | Tax withholding | −473 | $45.77 | $21.65K | 40,199 |
| Jonathan Allison Chief Administrative Officer | Mar 5, 2026 | Sale(10b5-1 plan) | −3,900 | $48.05 | $187.40K | 97,779 |
| Jonathan Allison Chief Administrative Officer | Mar 3, 2026 | Sale(10b5-1 plan) | −3,900 | $47.88 | $186.73K | 101,679 |
| Megan Binkley Chief Financial Officer | Feb 19, 2026 | Tax withholding | −4,373 | $61.59 | $269.33K | 116,700 |
| Megan Binkley Chief Financial Officer | Feb 19, 2026 | Tax withholding | −1,595 | $61.59 | $98.24K | 119,275 |
| Jonathan Allison Chief Administrative Officer | Feb 19, 2026 | Tax withholding | −1,332 | $61.59 | $82.04K | 105,579 |
| Jonathan Allison Chief Administrative Officer | Feb 19, 2026 | Tax withholding | −4,167 | $61.59 | $256.65K | 103,099 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Feb 19, 2026 | Tax withholding | −10,508 | $61.59 | $647.19K | 254,563 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Feb 19, 2026 | Tax withholding | −3,962 | $61.59 | $244.02K | 259,337 |
| Mahtiyar Bonakdarpour President and CTO | Feb 19, 2026 | Tax withholding | −2,622 | $61.59 | $161.49K | 361,198 |
| Mahtiyar Bonakdarpour President and CTO | Feb 19, 2026 | Tax withholding | −9,569 | $61.59 | $589.35K | 357,943 |
| Megan Binkley Chief Financial Officer | Feb 18, 2026 | Award | +57,868 | – | – | 121,073 |
| Megan Binkley Chief Financial Officer | Feb 18, 2026 | Award | +4,170 | – | – | 120,870 |
| Jonathan Allison Chief Administrative Officer | Feb 18, 2026 | Award | +3,812 | – | – | 106,911 |
| Jonathan Allison Chief Administrative Officer | Feb 18, 2026 | Award | +55,116 | – | – | 107,266 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Feb 18, 2026 | Award | +113,659 | – | – | 265,071 |
| Alexander E. Timm Chief Executive Officer, Director, 10% owner | Feb 18, 2026 | Award | +8,736 | – | – | 263,299 |
| Mahtiyar Bonakdarpour President and CTO | Feb 18, 2026 | Award | +5,877 | – | – | 363,820 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Jonathan Allison Officer | May 15, 2026 | 1,606 | $89.87K | May 15, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | May 12, 2026 | 1,706 | $95.09K | May 12, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | Apr 7, 2026 | 1,706 | $75.66K | Apr 7, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | Apr 2, 2026 | 4,112 | $174.06K | Apr 2, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | Mar 20, 2026 | 3,990 | $178.67K | Mar 20, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | Mar 17, 2026 | 3,990 | $179.55K | Mar 17, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | Mar 12, 2026 | 3,900 | $170.08K | Mar 12, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | Mar 10, 2026 | 3,900 | $175.38K | Mar 10, 2026 | Restricted Stock Vesting |
| Doug Ulman Director | Mar 9, 2026 | 13,152 | $593.30K | Mar 9, 2026 | Stock Option Exercise |
| Jonathan Allison Officer | Mar 5, 2026 | 3,900 | $187.40K | Mar 5, 2026 | Restricted Stock Vesting |
| Jonathan Allison Officer | Mar 3, 2026 | 3,900 | $186.73K | Mar 3, 2026 | Restricted Stock Vesting |
| Mahtiyar Bonakdarpour Officer | Dec 10, 2025 | 5,750 | $477.25K | Dec 10, 2025 | Restricted Stock Vesting |
| Alexander E. Timm Officer, Director | Dec 10, 2025 | 6,336 | $525.89K | Dec 10, 2025 | Restricted Stock Vesting |
| Alexander E. Timm Officer, Director | Sep 2, 2025 | 10,861 | $974.67K | Sep 2, 2025 | Restricted Stock Vesting |
| Mahtiyar Bonakdarpour Officer | Sep 2, 2025 | 5,750 | $516.01K | Sep 2, 2025 | Restricted Stock Vesting |