KAR Auction Services upgraded by Guggenheim
$KAR
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
Guggenheim upgraded KAR Auction Services from Sell to Neutral
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Recent Analyst Ratings for $KAR
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/27/2025 | $23.00 → $20.00 | Overweight → Neutral | Analyst |
| 2/28/2025 | $20.00 → $26.00 | Equal-Weight → Overweight | Stephens |
| 1/22/2025 | $20.00 | Equal-Weight | Stephens |
| 4/10/2024 | $16.00 → $20.00 | Underperform → Neutral | BofA Securities |
| 1/9/2023 | $23.00 → $17.00 | Buy → Underperform | BofA Securities |
| 5/4/2022 | $20.00 | Market Perform → Market Outperform | CJS Securities |
| 2/28/2022 | $20.00 | Buy → Neutral | Northcoast |
| 2/25/2022 | Sell → Neutral | Guggenheim |
OPENLANE to Announce First Quarter 2025 Earnings
CARMEL, Ind., April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, May 7, 2025, at 5:00 p.m. ET. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call. A live webcast will be available at the investor relations section of corporate.openlane.com. Following
OPENLANE, Inc. Reports 2024 Financial Results
CARMEL, Ind., Feb. 19, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), today reported its fourth quarter and annual financial results for the period ended December 31, 2024. "OPENLANE delivered positive fourth quarter and full-year 2024 results, driven by another strong quarter in our marketplace business," said Peter Kelly, CEO. "The Marketplace grew year-over-year volume for the seventh straight quarter, including 15% growth in dealer volumes, and grew Adjusted EBITDA by an impressive 30%. Our customers are clearly responding to our unique offerings and our differentiated va
OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings
CARMEL, Ind., Jan. 29, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter and full year 2024 financial results after the market closes on Wednesday, Feb. 19, 2025. OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, Feb. 19, 2025, at 5:00 p.m. ET. The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia. The conference call may be accessed by calling 1-833-634-2155 and asking
OPENLANE downgraded by Analyst with a new price target
Analyst downgraded OPENLANE from Overweight to Neutral and set a new price target of $20.00 from $23.00 previously
OPENLANE upgraded by Stephens with a new price target
Stephens upgraded OPENLANE from Equal-Weight to Overweight and set a new price target of $26.00 from $20.00 previously
Stephens initiated coverage on OPENLANE with a new price target
Stephens initiated coverage of OPENLANE with a rating of Equal-Weight and set a new price target of $20.00
EVP & CFO Lakhia Brad S. bought $99,999 worth of shares (4,985 units at $20.06), increasing direct ownership by 53% to 14,303 units (SEC Form 4)
4 - OPENLANE, Inc. (0001395942) (Issuer)
Kelly Peter J bought $508,220 worth of shares (34,000 units at $14.95), increasing direct ownership by 11% to 347,355 units (SEC Form 4)
4 - OPENLANE, Inc. (0001395942) (Issuer)
Director Smith Mary Ellen was granted 1,200 shares, increasing direct ownership by 3% to 35,778 units (SEC Form 4)
4 - OPENLANE, Inc. (0001395942) (Issuer)
Chief Accounting Officer Price Dwayne P converted options into 316 shares and covered exercise/tax liability with 90 shares, increasing direct ownership by 2% to 11,719 units (SEC Form 4)
4 - OPENLANE, Inc. (0001395942) (Issuer)
President of AFC Mitchell William Clyde converted options into 1,210 shares and covered exercise/tax liability with 345 shares, increasing direct ownership by 7% to 13,979 units (SEC Form 4)
4 - OPENLANE, Inc. (0001395942) (Issuer)
OPENLANE Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - OPENLANE, Inc. (0001395942) (Filer)
OPENLANE Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
8-K - OPENLANE, Inc. (0001395942) (Filer)
OPENLANE Inc. filed SEC Form 8-K: Leadership Update
8-K - OPENLANE, Inc. (0001395942) (Filer)
OPENLANE Announces Board Appointment with 20+ Years Founding and Leading Tech Innovators
New Director Brings C-Suite Track Record Driving Growth and Success CARMEL, Ind., June 20, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Randy Altschuler to its board of directors. A seasoned entrepreneur and executive, Altschuler brings more than 20 years of experience leveraging technology, digital marketplaces and artificial intelligence (AI) to transform the manufacturing landscape. "We are delighted to welcome Randy to our Board," said Michael Kestner, Chair of OPENLANE.
OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations
Nationwide Search to Identify Successor; EVP and CFO Brad Lakhia to Assume Treasurer Role CARMEL, Ind., Feb. 27, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announced that Mike Eliason, Treasurer and Vice President of Investor Relations, is retiring after more than 25 years at the company, effective June 1, 2024. Eliason will continue to serve in his position until a successor is named to ensure a seamless transition. OPENLANE will conduct a thorough national search process for Eliason's successor. Upo
KAR Global Announces Retirement of Executive Chairman Jim Hallett
Peter Kelly to Continue as CEO, Michael Kestner Named Chairman of the Board CARMEL, Ind., March 31, 2023 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the retirement of executive chairman Jim Hallett. Hallett retains his seat on KAR's board of directors while stepping down from his roles as executive chairman for KAR and chairman of the board of directors. Michael Kestner, who has served as lead independent director since 2019, has been named chairman of KAR's board effective April 1, 2023, and Peter Kelly continues to serve as KAR's chief executive officer.
OPENLANE to Announce First Quarter 2025 Earnings
CARMEL, Ind., April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, May 7, 2025, at 5:00 p.m. ET. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call. A live webcast will be available at the investor relations section of corporate.openlane.com. Following
OPENLANE, Inc. Reports 2024 Financial Results
CARMEL, Ind., Feb. 19, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), today reported its fourth quarter and annual financial results for the period ended December 31, 2024. "OPENLANE delivered positive fourth quarter and full-year 2024 results, driven by another strong quarter in our marketplace business," said Peter Kelly, CEO. "The Marketplace grew year-over-year volume for the seventh straight quarter, including 15% growth in dealer volumes, and grew Adjusted EBITDA by an impressive 30%. Our customers are clearly responding to our unique offerings and our differentiated va
OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings
CARMEL, Ind., Jan. 29, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter and full year 2024 financial results after the market closes on Wednesday, Feb. 19, 2025. OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, Feb. 19, 2025, at 5:00 p.m. ET. The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia. The conference call may be accessed by calling 1-833-634-2155 and asking
SEC Form SC 13G/A filed by OPENLANE Inc. (Amendment)
SC 13G/A - OPENLANE, Inc. (0001395942) (Subject)
SEC Form SC 13G/A filed by OPENLANE Inc. (Amendment)
SC 13G/A - OPENLANE, Inc. (0001395942) (Subject)
SEC Form SC 13G/A filed by OPENLANE Inc. (Amendment)
SC 13G/A - OPENLANE, Inc. (0001395942) (Subject)