Key Points
- Insider purchase: Rohan Malhotra bought 19,085 shares on March 2 at an average price of $1.37 (≈$26,146), raising his stake to 849,642 shares — a 2.3% increase in ownership.
- Roadzen has a market cap of about $102.8M, reported quarterly EPS of -$0.12 on $14.36M revenue, and trades in a 52‑week range of $0.68–$2.56 (50‑day MA $1.76, 200‑day MA $1.46).
- Market sentiment is negative with a MarketBeat consensus of Sell and several sell ratings, although institutional ownership is ~24.7% with firms like AQR and Bank of America recently increasing positions.
Roadzen Inc. (NASDAQ:RDZN - Get Free Report) insider Rohan Malhotra purchased 19,085 shares of the business's stock in a transaction dated Monday, March 2nd. The stock was bought at an average cost of $1.37 per share, with a total value of $26,146.45. Following the completion of the acquisition, the insider directly owned 849,642 shares of the company's stock, valued at approximately $1,164,009.54. This trade represents a 2.30% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link.
Rohan Malhotra also recently made the following trade(s):
- On Thursday, December 4th, Rohan Malhotra purchased 10,000 shares of Roadzen stock. The stock was bought at an average price of $1.71 per share, with a total value of $17,100.00.
Roadzen Stock Performance
NASDAQ:RDZN opened at $1.29 on Wednesday. The business's fifty day moving average is $1.76 and its 200 day moving average is $1.46. The firm has a market cap of $102.81 million, a price-to-earnings ratio of -6.45 and a beta of 0.46. Roadzen Inc. has a 52-week low of $0.68 and a 52-week high of $2.56.
Roadzen (NASDAQ:RDZN - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $14.36 million for the quarter.
Hedge Funds Weigh In On Roadzen
Several institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC lifted its stake in Roadzen by 51.7% in the first quarter. AQR Capital Management LLC now owns 40,559 shares of the company's stock worth $42,000 after purchasing an additional 13,830 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Roadzen by 263.3% in the fourth quarter. Bank of America Corp DE now owns 30,238 shares of the company's stock worth $66,000 after buying an additional 21,915 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of Roadzen in the second quarter worth about $78,000. Jane Street Group LLC bought a new stake in shares of Roadzen in the 4th quarter valued at about $102,000. Finally, Hudson Bay Capital Management LP purchased a new stake in Roadzen during the 4th quarter valued at about $109,000. Institutional investors own 24.73% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on RDZN. Wall Street Zen lowered Roadzen from a "hold" rating to a "sell" rating in a research note on Saturday, February 21st. Weiss Ratings restated a "sell (e+)" rating on shares of Roadzen in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of "Sell".
View Our Latest Stock Report on RDZN
Roadzen Company Profile
(
Get Free Report)
Roadzen (NASDAQ:RDZN) is a global technology provider specializing in AI-driven telematics, data analytics and risk management solutions for the automotive and insurance industries. The company's core offerings include usage-based insurance (UBI) platforms, driver behavior analytics tools and predictive risk modeling services. By leveraging machine learning algorithms, telematics data and mobile connectivity, Roadzen enables insurers and fleet operators to optimize underwriting processes and enhance policyholder engagement through personalized pricing and proactive risk mitigation.
Founded in 2015 and headquartered in Singapore, Roadzen has established regional operations and development centers in India and other key markets across Asia-Pacific and Latin America.
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