ROOT - Chief Technology Officer At This Financials Company Buys $175K of Stock | Benzinga
Mahtiyar Bonakdarpour, Chief Technology Officer at Root (NASDAQ:ROOT), reported a large insider buy on November 15, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Bonakdarpour purchased 17,500 shares of Root. The total transaction amounted to $175,759.
Root shares are trading up 0.92% at $9.89 at the time of this writing on Thursday morning.
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The Importance of Insider Transactions
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