Free Trial

OPENLANE (KAR) News Today

OPENLANE logo
$19.66 +0.05 (+0.26%)
(As of 11/20/2024 ET)
Kar Auction Services Highlights Strategic Growth and Innovation
The Latest Analyst Ratings For Openlane
OPENLANE, Inc. stock logo
OPENLANE (NYSE:KAR) Price Target Raised to $23.00
JPMorgan Chase & Co. lifted their target price on shares of OPENLANE from $21.00 to $23.00 and gave the stock an "overweight" rating in a report on Wednesday.
OPENLANE, Inc. (NYSE:KAR) Short Interest Down 7.6% in October
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Sees Significant Drop in Short Interest
OPENLANE, Inc. (NYSE:KAR - Get Free Report) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 4,020,000 shares, a drop of 7.6% from the October 15th total of 4,350,000 shares. Approximately 3.8% of the company's shares are sold short. Based on an average trading volume of 648,600 shares, the days-to-cover ratio is presently 6.2 days.
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) CFO Brad S. Lakhia Purchases 4,985 Shares
OPENLANE, Inc. (NYSE:KAR - Get Free Report) CFO Brad S. Lakhia bought 4,985 shares of the stock in a transaction on Wednesday, November 13th. The shares were acquired at an average cost of $20.06 per share, for a total transaction of $99,999.10. Following the completion of the transaction, the chief financial officer now directly owns 14,303 shares of the company's stock, valued at approximately $286,918.18. The trade was a 53.50 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
OPENLANE Reports Strong Third Quarter 2024 Results
Openlane sees 2024 adjusted EPS 81c-87c, consensus 79c
OPENLANE, Inc. stock logo
OPENLANE (NYSE:KAR) Announces Earnings Results
OPENLANE (NYSE:KAR - Get Free Report) released its earnings results on Wednesday. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.05. The firm had revenue of $448.00 million during the quarter, compared to analysts' expectations of $431.68 million. OPENLANE had a return on equity of 7.85% and a net margin of 3.39%. The company's revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.18 EPS.
OPENLANE, Inc. stock logo
OPENLANE (NYSE:KAR) Sets New 12-Month High After Strong Earnings
OPENLANE (NYSE:KAR) Sets New 12-Month High on Strong Earnings
OPENLANE to Host Virtual Investor Update
OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript
OPENLANE, Inc. Q3 Profit Increases, Beats Estimates
OPENLANE, Inc. stock logo
River Road Asset Management LLC Buys 671,104 Shares of OPENLANE, Inc. (NYSE:KAR)
River Road Asset Management LLC raised its holdings in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) by 15.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,045,087 shares of the specialty retailer's stock after
OPENLANE, Inc. stock logo
OPENLANE (NYSE:KAR) Given "Outperform" Rating at Barrington Research
Barrington Research restated an "outperform" rating and issued a $25.00 target price on shares of OPENLANE in a research report on Monday.
OPENLANE, Inc. stock logo
Raymond James & Associates Acquires 48,930 Shares of OPENLANE, Inc. (NYSE:KAR)
Raymond James & Associates lifted its holdings in OPENLANE, Inc. (NYSE:KAR - Free Report) by 20.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 292,094 shares of the specialty retailer's stock after bu
OPENLANE, Inc. stock logo
OPENLANE (KAR) Set to Announce Earnings on Wednesday
OPENLANE (NYSE:KAR) will be releasing earnings after the market closes on Wednesday, November 6, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=636402)
OPENLANE, Inc. stock logo
Marathon Asset Management Ltd Sells 201,094 Shares of OPENLANE, Inc. (NYSE:KAR)
Marathon Asset Management Ltd trimmed its stake in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) by 10.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,735,875 shares of the specialty retailer's stock after selling 201,094 shares d
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Short Interest Update
OPENLANE, Inc. (NYSE:KAR - Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 4,440,000 shares, an increase of 6.5% from the September 15th total of 4,170,000 shares. Based on an average trading volume of 671,900 shares, the short-interest ratio is currently 6.6 days. Currently, 4.2% of the shares of the stock are sold short.
OPENLANE to Announce Third Quarter 2024 Earnings
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Shares Sold by Squarepoint Ops LLC
Squarepoint Ops LLC cut its position in OPENLANE, Inc. (NYSE:KAR - Free Report) by 94.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,312 shares of the specialty retailer's stock after selling 265,914
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Shares Sold by Algert Global LLC
Algert Global LLC reduced its holdings in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) by 63.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,073 shares of the specialty retailer's stock after selling 51,097 shares
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Shares Sold by American Century Companies Inc.
American Century Companies Inc. cut its holdings in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) by 41.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,243 shares of the specialty retailer's stock after selling 35,676
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Receives Average Rating of "Moderate Buy" from Analysts
OPENLANE, Inc. (NYSE:KAR - Get Free Report) has received a consensus rating of "Moderate Buy" from the five ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The a
OPENLANE, Inc. stock logo
195,500 Shares in OPENLANE, Inc. (NYSE:KAR) Bought by Renaissance Technologies LLC
Renaissance Technologies LLC acquired a new position in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 195,500 shares of the specialt
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Stock Holdings Raised by D. E. Shaw & Co. Inc.
D. E. Shaw & Co. Inc. lifted its stake in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) by 14.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,441,923 shares of the specialty retailer's stock after purchasing an additional 181,130 shares dur
OPENLANE, Inc. stock logo
State of New Jersey Common Pension Fund D Cuts Position in OPENLANE, Inc. (NYSE:KAR)
State of New Jersey Common Pension Fund D decreased its holdings in OPENLANE, Inc. (NYSE:KAR - Free Report) by 40.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 111,302 shares of the specialty retailer's stock after selling 76,197 shares during the p
OPENLANE, Inc. stock logo
Edgestream Partners L.P. Makes New Investment in OPENLANE, Inc. (NYSE:KAR)
Edgestream Partners L.P. bought a new stake in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 35,164 shares of the specialty retailer's stock, valued at approximately $583,000. A number of ot
OPENLANE, Inc. stock logo
Burgundy Asset Management Ltd. Increases Stock Holdings in OPENLANE, Inc. (NYSE:KAR)
Burgundy Asset Management Ltd. raised its position in shares of OPENLANE, Inc. (NYSE:KAR - Free Report) by 1.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,921,967 shares of the specialty retailer's stock
OPENLANE, Inc. stock logo
Quest Partners LLC Has $760,000 Stock Holdings in OPENLANE, Inc. (NYSE:KAR)
Quest Partners LLC raised its stake in OPENLANE, Inc. (NYSE:KAR - Free Report) by 257.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,837 shares of the specialty retailer's stock after purchasing
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Given Average Recommendation of "Moderate Buy" by Analysts
OPENLANE, Inc. (NYSE:KAR - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the five analysts that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the compa
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Sees Large Increase in Short Interest
OPENLANE, Inc. (NYSE:KAR - Get Free Report) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 3,670,000 shares, a growth of 8.3% from the July 31st total of 3,390,000 shares. Based on an average daily volume of 680,200 shares, the short-interest ratio is presently 5.4 days. Currently, 3.5% of the shares of the company are short sold.
OPENLANE, Inc. stock logo
Raymond James & Associates Has $4.03 Million Stock Holdings in OPENLANE, Inc. (NYSE:KAR)
Raymond James & Associates grew its holdings in OPENLANE, Inc. (NYSE:KAR - Free Report) by 293.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 243,164 shares of the specialty retailer's stock after buying an additional
OPENLANE, Inc. stock logo
OPENLANE (NYSE:KAR) Shares Cross Above Two Hundred Day Moving Average of $16.73
OPENLANE (NYSE:KAR) Stock Price Crosses Above Two Hundred Day Moving Average of $16.73
OPENLANE, Inc. stock logo
OPENLANE, Inc. (NYSE:KAR) Given Average Recommendation of "Moderate Buy" by Brokerages
OPENLANE, Inc. (NYSE:KAR - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the five ratings firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.
Get OPENLANE News Delivered to You Automatically

Sign up to receive the latest news and ratings for KAR and its competitors with MarketBeat's FREE daily newsletter.

“This Changes Everything” - Trump Hands Millions Massive IRS Gift (Ad)

Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…

>> YES! Send Me My FREE Gold Guide!

KAR Media Mentions By Week

KAR Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

KAR
News Sentiment

1.60

0.60

Average
Auto/Tires/Trucks
News Sentiment

KAR News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

KAR Articles
This Week

11

3

KAR Articles
Average Week

Get OPENLANE News Delivered to You Automatically

Sign up to receive the latest news and ratings for KAR and its competitors with MarketBeat's FREE daily newsletter.


Related Companies and Tools


This page (NYSE:KAR) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners