KAR stock icon

Openlane
KAR

$17.86
1.3%

Market Cap: 1.93B

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

7,100% more call options, than puts

Call options by funds: $504K | Put options by funds: $7K

50% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]

14% more capital invested

Capital invested by funds: $1.61B [Q4 2023] → $1.83B (+$223M) [Q1 2024]

2.3% less ownership

Funds ownership: 100.2% [Q4 2023] → 97.9% (-2.3%) [Q1 2024]

3% less funds holding

Funds holding: 231 [Q4 2023] → 225 (-6) [Q1 2024]

18% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 33

41% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 97

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$20
12%
upside
Avg. target
$23
26%
upside
High target
$25
40%
upside

4 analyst ratings

positive
75%
neutral
25%
negative
0%
Barrington Research
Gary Prestopino
40%upside
$25
Outperform
Reiterated
2 May 2024
Baird
Craig Kennison
12%upside
$20
Outperform
Maintained
2 May 2024
B of A Securities
John Murphy
12%upside
$20
Neutral
Upgraded
10 Apr 2024
Barrington Research
Gary Prestopino
40%upside
$25
Outperform
Reiterated
21 Feb 2024

Financial journalist opinion

Based on 3 articles about KAR published over the past 30 days