Amendment: SEC Form SC 13G/A filed by Open Lending Corporation

11/7/24 12:36:32 PM ET

Finance: Consumer Services

Finance

Get the next $LPRO alert in real time by email

SC 13G/A 1 lpro13gasep24.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) OPEN LENDING CORP (Name of Issuer) COMMON STOCK (Title of Class of Securities) 68373J104 (CUSIP NUMBER) October 30, 2024 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. ROWE PRICE ASSOCIATES, INC. 52-0556948 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 11,684,408 6. Shared Voting Power* 0 7. Sole Dispositive Power* 11,734,734 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 11,734,734 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 9.8% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: OPEN LENDING CORP Item 1(b) Address of Issuer's Principal Executive Offices: 1501 S. MOPAC EXPRESSWAY, SUITE #450, AUSTIN, TX 78746 Item 2(a) Name of Person(s) Filing: (1) T. ROWE PRICE ASSOCIATES, INC. (Price Associates) Item 2(b) Address of Principal Business Office: 100 E. Pratt Street, Baltimore, MD 21202 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: 68373J104 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Associates does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Associates serves as investment adviser. Any and all discretionary authority which has been delegated to Price Associates may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Associates which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Associates. (2) [T. ROWE PRICE MID-CAP VALUE FUND ]: T. ROWE PRICE MID-CAP VALUE FUND, of which T. ROWE PRICE ASSOCIATES, INC. is the investment adviser, holds the securities reported herein in their investment portfolio managed by T. ROWE PRICE ASSOCIATES, INC. and such funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that they hold. T. ROWE PRICE MID-CAP VALUE FUND has an interest in 6,661,804 of the class reported herein representing 5.5% of the class. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. ROWE PRICE ASSOCIATES, INC. Date: November 7, 2024 Signature: /s/ Ellen York Name & Title: Ellen York, Vice President 10/30/2024

Get the next $LPRO alert in real time by email

Recent Analyst Ratings for

$LPRO

Date	Price Target	Rating	Analyst
7/22/2024		Buy → Hold	Needham
6/7/2024		Neutral	BTIG Research
2/6/2024	$4.00 → $7.00	Underweight → Equal-Weight	Morgan Stanley
11/8/2023	$20.00 → $5.50	Buy → Hold	Canaccord Genuity
6/14/2023		Neutral	BTIG Research
5/25/2023	$13.00	Buy	Needham
2/27/2023	$10.00 → $9.00	Strong Buy → Outperform	Raymond James
8/5/2022	$22.00 → $13.00	Overweight → Equal-Weight	Stephens

More analyst ratings

Amendment: SEC Form SC 13G/A filed by Open Lending Corporation

Chat with this insight

Recent Analyst Ratings for $LPRO

$LPRO Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Open Lending downgraded by Needham

BTIG Research initiated coverage on Open Lending

Open Lending upgraded by Morgan Stanley with a new price target

$LPRO Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Officer Stark Matthew converted options into 18,302 shares and covered exercise/tax liability with 4,456 shares, increasing direct ownership by 49% to 42,006 units (SEC Form 4)

Chief Technology Officer Lackey Sarah converted options into 9,151 shares and covered exercise/tax liability with 2,228 shares, increasing direct ownership by 11% to 69,242 units (SEC Form 4)

Officer Jehl Charles D converted options into 109,810 shares and covered exercise/tax liability with 43,210 shares, increasing direct ownership by 34% to 263,542 units (SEC Form 4)

$LPRO SEC Filings

SEC Form 10-Q filed by Open Lending Corporation

Open Lending Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Open Lending Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

$LPRO Press Releases

Fastest customizable press release news feed in the world

New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis

Open Lending Reports Third Quarter 2024 Financial Results

Open Lending to Announce Third Quarter 2024 Results on November 7, 2024

$LPRO Large Ownership Changes

This live feed shows all institutional transactions in real time.