Openlane
About: Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.
Employees: 4,800
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
61% more call options, than puts
Call options by funds: $339K | Put options by funds: $211K
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
25% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 5 (+1) [Q1 2025]
4% more funds holding
Funds holding: 246 [Q4 2024] → 256 (+10) [Q1 2025]
1.13% more ownership
Funds ownership: 101.5% [Q4 2024] → 102.64% (+1.13%) [Q1 2025]
2% less capital invested
Capital invested by funds: $2.15B [Q4 2024] → $2.12B (-$36M) [Q1 2025]
4% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 84
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B of A Securities John Murphy | 2%upside $25 | Neutral Maintained | 16 Jun 2025 |
Financial journalist opinion
Based on 5 articles about KAR published over the past 30 days
