JMP Securities analysts downgrades a Mkt perform rating for Root Inc (ROOT)

Root Inc’s recent filing unveils that its Chief Administrative Officer Allison Jonathan unloaded Company’s shares for reported $0.37 million on Jun 16 ’25. In the deal valued at $149.16 per share,2,500 shares were sold. As a result of this transaction, Allison Jonathan now holds 52,150 shares worth roughly $6.53 million.

Then, Allison Jonathan bought 2,500 shares, generating $372,900 in total proceeds.

Before that, Szudarek Julie sold 1,500 shares. Root Inc shares valued at $232,500 were divested by the Director at a price of $155.00 per share. As a result of the transaction, Szudarek Julie now holds 11,832 shares, worth roughly $1.48 million.

JMP Securities downgraded its Root Inc [ROOT] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early March from “a Hold” to “a Buy”. Keefe Bruyette also remained covering ROOT and has increased its forecast on February 26, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Cantor Fitzgerald revised its rating on February 22, 2024. It rated ROOT as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of ROOT

On Tuesday, Root Inc [NASDAQ:ROOT] saw its stock fall -2.10% to $125.28. Over the last five days, the stock has lost -6.54%. Root Inc shares have risen nearly 146.91% since the year began. Nevertheless, the stocks have risen 72.59% over the past one year. While a 52-week high of $181.14 was reached on 03/24/25, a 52-week low of $34.04 was recorded on 01/02/25.

Levels Of Support And Resistance For ROOT Stock

The 24-hour chart illustrates a support level at 122.75, which if violated will result in even more drops to 120.23. On the upside, there is a resistance level at 128.55. A further resistance level may holdings at 131.83.

How much short interest is there in Root Inc?

A steep rise in short interest was recorded in Root Inc stocks on 2025-06-13, growing by 0.15 million shares to a total of 1.45 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.29 million shares. There was a rise of 10.64%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on January 10, 2024 when TD Cowen began covering the stock and recommended ‘”a Market perform”‘ rating .

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