OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
Date |
For |
Estimate |
Reported |
Surprise |
surprise % |
2024-11-06 |
2024-09 |
0.21 |
N/A |
N/A |
N/A |
2024-08-07 |
2024-06 |
0.2 |
0.19 |
-0.01 |
-5.00% |
2024-05-01 |
2024-03 |
0.21 |
0.19 |
-0.02 |
-9.52% |
2024-02-20 |
2023-12 |
0.13 |
0.16 |
0.03 |
23.08% |
2023-11-01 |
2023-09 |
0.15 |
0.18 |
0.03 |
20.00% |
2023-08-02 |
2023-06 |
0.14 |
0.25 |
0.11 |
78.57% |
Date |
Firm |
Action |
From |
To |
2023-10-15 |
JP Morgan |
Upgrade |
Overweight |
Overweight |
2023-08-10 |
Barrington Research |
Upgrade |
Outperform |
Outperform |
2023-05-02 |
Stephens & Co. |
Upgrade |
|
Equal-Weight |
2023-02-22 |
Barrington Research |
Upgrade |
|
Outperform |
2023-02-21 |
Stephens & Co. |
Upgrade |
|
Equal-Weight |
2023-01-08 |
B of A Securities |
Downgrade |
Buy |
Underperform |
Date |
Name |
Relation |
Quantity |
Description |
2024-05-08 |
ANDERSON SCOTT A. |
Officer |
34.99K |
Conversion of Exercise of derivative security |
2024-05-08 |
COLEMAN CHARLES S |
Officer |
38.30K |
Conversion of Exercise of derivative security |
2024-05-14 |
COYLE JAMES P |
Officer |
23.89K |
Sale |
2024-06-06 |
GALVIN CARMEL |
Director |
12.12K |
Stock Award(Grant) |
2024-05-08 |
HALLETT JAMES P |
Director |
743.64K |
Conversion of Exercise of derivative security |
2024-06-06 |
JACOBY STEFAN |
Director |
40.43K |
Stock Award(Grant) |
Institution Ownership
...
Report Date |
Organization |
Position |
Value |
Percentage |
2023-06-29 |
Blackrock Inc. |
17.41M |
265.02M |
15.91% |
2023-06-29 |
Vanguard Group Inc |
12.28M |
186.93M |
11.22% |
2023-06-29 |
Burgundy Asset Management Ltd. |
8.27M |
125.91M |
7.56% |
2023-06-29 |
Dimensional Fund Advisors LP |
6.59M |
100.33M |
6.02% |
2023-06-29 |
Snyder Capital Management, LP |
5.61M |
85.42M |
5.13% |
2023-06-29 |
Paradice Investment Management, LLC |
4.89M |
74.37M |
4.46% |
Report Date |
Organization |
Position |
Value |
Percentage |
2023-09-29 |
iShares Core S&P Smallcap ETF |
7.39M |
110.26M |
6.75% |
2023-06-29 |
Vanguard Total Stock Market Index Fund |
3.37M |
51.34M |
3.08% |
2023-06-29 |
Oakmark Equity and Income Fund |
2.92M |
44.50M |
2.67% |
2023-06-29 |
Vanguard Small-Cap Index Fund |
2.82M |
42.91M |
2.58% |
2023-08-30 |
iShares Russell 2000 ETF |
2.47M |
38.49M |
2.25% |
2023-06-29 |
Vanguard Small Cap Value Index Fund |
1.95M |
29.72M |
1.78% |
Dividend |
Date |
0.19 |
2020-03-19 |
0.19 |
2019-12-19 |
0.19 |
2019-09-19 |
38.59 |
2019-06-28 |
0.35 |
2019-05-31 |
0.35 |
2019-03-21 |
Split |
Date |
2642 : 1000 |
2019-06-28 |