OPENLANE (KAR) News Today $19.66 +0.05 (+0.26%) (As of 11/20/2024 ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street TipRanks The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 Time Period Kar Auction Services Highlights Strategic Growth and InnovationNovember 20 at 10:02 AM | markets.businessinsider.comOpenlane price target raised to $23 from $21 at JPMorganNovember 20 at 10:02 AM | msn.comThe Latest Analyst Ratings For OpenlaneNovember 20 at 10:02 AM | benzinga.comOPENLANE (NYSE:KAR) Price Target Raised to $23.00JPMorgan 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.November 20 at 8:09 AM | marketbeat.comOPENLANE, Inc. (NYSE:KAR) Short Interest Down 7.6% in OctoberNovember 20 at 2:19 AM | americanbankingnews.comOPENLANE, Inc. (NYSE:KAR) Sees Significant Drop in Short InterestOPENLANE, 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.November 18 at 7:18 AM | marketbeat.comInsider Buying: OPENLANE, Inc. (NYSE:KAR) CFO Buys 4,985 Shares of StockNovember 16, 2024 | insidertrades.comOPENLANE, Inc. (NYSE:KAR) CFO Brad S. Lakhia Purchases 4,985 SharesOPENLANE, 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.November 15, 2024 | marketbeat.comOPENLANE Receives Buy Rating from Analyst Due to Strong Q3/24 Performance and Strategic InitiativesNovember 10, 2024 | markets.businessinsider.comResults: OPENLANE, Inc. Beat Earnings Expectations And Analysts Now Have New ForecastsNovember 10, 2024 | finance.yahoo.comOPENLANE Reports Strong Third Quarter 2024 ResultsNovember 8, 2024 | markets.businessinsider.comOpenlane sees 2024 adjusted EPS 81c-87c, consensus 79cNovember 8, 2024 | markets.businessinsider.comOpenlane Inc (KAR) Q3 2024 Earnings Call Highlights: Strong EBITDA Growth and Strategic AdvancementsNovember 8, 2024 | finance.yahoo.comOPENLANE (NYSE:KAR) Announces Earnings ResultsOPENLANE (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.November 7, 2024 | marketbeat.comOPENLANE (NYSE:KAR) Sets New 12-Month High After Strong EarningsOPENLANE (NYSE:KAR) Sets New 12-Month High on Strong EarningsNovember 7, 2024 | marketbeat.comOPENLANE to Host Virtual Investor UpdateNovember 7, 2024 | prnewswire.comOPENLANE, Inc. (KAR) Q3 2024 Earnings Call TranscriptNovember 7, 2024 | seekingalpha.comOPENLANE, Inc. Q3 Profit Increases, Beats EstimatesNovember 6, 2024 | markets.businessinsider.comOPENLANE, Inc. Reports Third Quarter 2024 Financial ResultsNovember 6, 2024 | prnewswire.comRiver 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 afterNovember 5, 2024 | marketbeat.comOPENLANE (NYSE:KAR) Given "Outperform" Rating at Barrington ResearchBarrington Research restated an "outperform" rating and issued a $25.00 target price on shares of OPENLANE in a research report on Monday.November 4, 2024 | marketbeat.comRaymond 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 buNovember 2, 2024 | marketbeat.comOPENLANE (KAR) Set to Announce Earnings on WednesdayOPENLANE (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)October 30, 2024 | marketbeat.comMarathon 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 dOctober 18, 2024 | marketbeat.comOPENLANE, Inc. (NYSE:KAR) Short Interest UpdateOPENLANE, 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.October 16, 2024 | marketbeat.comOPENLANE to Announce Third Quarter 2024 EarningsOctober 16, 2024 | prnewswire.comOPENLANE, Inc. (NYSE:KAR) Shares Sold by Squarepoint Ops LLCSquarepoint 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 265,914October 13, 2024 | marketbeat.comOpenlane Inc (KAR) Q2 2024 Earnings Call Highlights: Navigating Growth Amid ChallengesOctober 9, 2024 | finance.yahoo.comOPENLANE, Inc. (NYSE:KAR) Shares Sold by Algert Global LLCAlgert 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 sharesOctober 8, 2024 | marketbeat.comOPENLANE (NYSE:KAR) Is Doing The Right Things To Multiply Its Share PriceOctober 4, 2024 | finance.yahoo.comOPENLANE, 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 35,676October 2, 2024 | marketbeat.comOPENLANE, Inc. (NYSE:KAR) Receives Average Rating of "Moderate Buy" from AnalystsOPENLANE, 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 aOctober 2, 2024 | marketbeat.com195,500 Shares in OPENLANE, Inc. (NYSE:KAR) Bought by Renaissance Technologies LLCRenaissance 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 specialtSeptember 30, 2024 | marketbeat.comOPENLANE, 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 durSeptember 29, 2024 | marketbeat.comState 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 pSeptember 24, 2024 | marketbeat.comEdgestream 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 otSeptember 23, 2024 | marketbeat.comBuy Rating Justified: OPENLANE’s Growth Potential in Digital Vehicle RemarketingSeptember 21, 2024 | markets.businessinsider.comBurgundy 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 stockSeptember 19, 2024 | marketbeat.comImplied Volatility Surging for OPENLANE (KAR) Stock OptionsSeptember 18, 2024 | msn.comQuest 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 purchasingSeptember 12, 2024 | marketbeat.comCarvana picks Houston for its second 'megasite' transition, hiring hundredsSeptember 9, 2024 | bizjournals.comIs OPENLANE, Inc.'s (NYSE:KAR) Recent Price Movement Underpinned By Its Weak Fundamentals?September 7, 2024 | finance.yahoo.comOPENLANE, Inc. (NYSE:KAR) Given Average Recommendation of "Moderate Buy" by AnalystsOPENLANE, 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 compaSeptember 7, 2024 | marketbeat.comOPENLANE, Inc. (NYSE:KAR) Sees Large Increase in Short InterestOPENLANE, 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.September 2, 2024 | marketbeat.comRaymond 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 additionalAugust 31, 2024 | marketbeat.comBuy Rating Affirmed: Kar Auction Services’ Strong Q2 Performance and Strategic Growth InitiativesAugust 23, 2024 | markets.businessinsider.comOPENLANE (NYSE:KAR) Shares Cross Above Two Hundred Day Moving Average of $16.73OPENLANE (NYSE:KAR) Stock Price Crosses Above Two Hundred Day Moving Average of $16.73August 21, 2024 | marketbeat.comOPENLANE Transforms Condition Reports with Actionable OBD2 IntelligenceAugust 15, 2024 | prnewswire.comOPENLANE, Inc. (NYSE:KAR) Given Average Recommendation of "Moderate Buy" by BrokeragesOPENLANE, 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.August 13, 2024 | marketbeat.comOPENLANE, Inc. (NYSE:KAR) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearAugust 11, 2024 | finance.yahoo.com 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. Email Address “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 Learn about the media sentiment score. 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▼1.600.60▲Average Auto/Tires/Trucks News Sentiment KAR News Coverage Learn about the media coverage comparison. 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▼113▲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. 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