BlackRock reports 7.2% stake in Root, Inc.
BlackRock, Inc. reports beneficial ownership of Class A stock of Root, Inc. on an amended Schedule 13G. BlackRock and its reporting business units beneficially own 1,011,125 shares of Root Class A stock, representing 7.2% of the class.
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of Class A stock of Root, Inc. on an amended Schedule 13G. BlackRock and its reporting business units beneficially own 1,011,125 shares of Root Class A stock, representing 7.2% of the class.
BlackRock has sole voting power over 992,316 shares and sole dispositive power over all 1,011,125 shares, with no shared voting or dispositive power reported. Various underlying clients and investors have rights to dividends or sale proceeds, but no single person is reported to have more than 5% of Root’s outstanding common shares.
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Key Figures
Key Terms
beneficially owned financial
Sole Voting Power financial
dispositive power financial
Schedule 13G regulatory
Power of Attorney regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Root, Inc. (ROOT) does BlackRock currently report owning?
Do any single BlackRock clients own more than 5% of Root, Inc. (ROOT)?
Who signed the Schedule 13G/A for BlackRock regarding Root, Inc. (ROOT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.