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Were Hedge Funds Right About Pfizer Inc (PFE)?
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MSU Texas events for fall, spring of 2021-2022
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MEI Pharma Inc (MEIP): Are Hedge Funds Right About This Stock?
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Is Root, Inc. (ROOT) A Good Stock To Buy?
We at Insider Monkey have gone over 866 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st. In this article, we look at what those funds think of Root, Inc. (NASDAQ:ROOT) based on that data.
Is ROOT a good stock to buy? The best stock pickers were taking a bearish view. The number of bullish hedge fund bets decreased by 7 in recent months. Root, Inc. (NASDAQ:ROOT) was in 18 hedge funds’ portfolios at the end of the first quarter of 2021. The all time high for this statistic is 25. Our calculations also showed that ROOT isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings).