Price$30.89+2.63 (+9.30%)
2025-09-232025-12-24
News · 26 weeks20%
2025-12-142026-06-07
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25 items- PROPENLANE Unifies AI and Data Capabilities Under OPENLANE IntelligenceScalable Framework Powers Current and Future Innovation CARMEL, Ind., Jan. 20, 2026 /PRNewswire/ -- OPENLANE, Inc. (NYSE:OPLN), a leading operator of digital marketplaces for wholesale used vehicles, today announced OPENLANE Intelligence, a unified framework that brings together the company's human-driven, AI-enhanced data and technology capabilities across OPENLANE. OPENLANE Intelligence encompasses a growing set of advanced technologies that are already embedded in the platform and underpin many of OPENLANE's most impactful marketplace innovations. These capabilities are designed to deliver intelligent insights, increase transparency and improve decision-making throughout the lifecycle for
- PROPENLANE to Change Stock Ticker to OPLNNew Symbol Aligns Branding, Reflects Transformation and Growth CARMEL, Ind., Dec. 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced it will change its New York Stock Exchange (NYSE) ticker symbol from "KAR" to "OPLN." The change will take effect at the open of trading on December 26, 2025. No action is required by the company's stockholders. "Two and a half years ago, we rebranded our company to OPENLANE and aligned around a simple purpose: to make wholesale easy so our customers can be m
- INSIDERChief Executive Officer Kelly Peter J converted options into 3,413 shares and covered exercise/tax liability with 3,413 shares (SEC Form 4)4 - OPENLANE, Inc. (0001395942) (Issuer)
- INSIDEREVP, CLO & Secretary Coleman Charles S. exercised 88,062 shares at a strike of $18.23 and sold $2,289,289 worth of shares (88,062 units at $26.00), increasing direct ownership by 0.00% to 53,474 units (SEC Form 4)4 - OPENLANE, Inc. (0001395942) (Issuer)
- SECOPENLANE Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits8-K - OPENLANE, Inc. (0001395942) (Filer)
- PRReviver Appoints Andrew Iorgulescu as CEO, Signaling a New Era of Growth and Automotive InnovationGRANITE BAY, Calif., Nov. 14, 2025 /PRNewswire/ -- Reviver, the company behind the first digital license plate, today announced the appointment of Andrew Iorgulescu as Chief Executive Officer and President. The change in executive leadership marks an important moment as Reviver reaffirms its commitment to innovation, adaptability, and strategic partnerships in the automotive industry. Reviver Appoints Andrew Iorgulescu as CEO, Signaling a New Era of Growth and Automotive InnovationA serial entrepreneur and renowned automotive technology leader, Andrew has spent his career buil
- ANALYSTBarclays initiated coverage on OPENLANE with a new price targetBarclays initiated coverage of OPENLANE with a rating of Overweight and set a new price target of $32.00
- PROPENLANE Announces Participation in Four Upcoming Investor ConferenceCARMEL, Ind., Nov. 11, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces that OPENLANE's Chief Executive Officer Peter Kelly, Chief Financial Officer Brad Herring and Vice President of Investor Relations Bill Wright are scheduled to participate in the following conferences: Wells Fargo TMT Summit in Los Angeles, Calif., on November 18, 2025Stephens Annual Investment Conference in Nashville, Tenn., on November 20, 2025, with a fireside chat at 12 p.m. ETUBS Global Technology and AI Conference in Sco
- INSIDEREVP & President, Marketplace Coyle James P converted options into 4,287 shares and covered exercise/tax liability with 1,889 shares, increasing direct ownership by 6% to 39,409 units (SEC Form 4)4 - OPENLANE, Inc. (0001395942) (Issuer)
- SECSEC Form 10-Q filed by OPENLANE Inc.10-Q - OPENLANE, Inc. (0001395942) (Filer)
- PROPENLANE, Inc. Reports Third Quarter 2025 Financial ResultsMarketplace dealer volume growth of 14% YoYGross Merchandise Value (GMV) of approximately $7.3 billion, representing 9% YoY growthRevenue of $498 million, representing 8% YoY growth, driven by 20% growth in auction fee revenueIncome from continuing operations of $48 million, representing 69% YoY growthAdjusted EBITDA of $87 million, representing 17% YoY growthCash flow from operating activities of $72 millionRaised full year guidance for Adjusted EBITDA and Operating Adjusted EPSCARMEL, Ind., Nov. 5, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), today reported its third quarter financial results for the period ended September 30, 2025.
- SECOPENLANE Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - OPENLANE, Inc. (0001395942) (Filer)
- PROPENLANE to Announce Third Quarter 2025 EarningsCARMEL, Ind., Oct. 15, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2025 financial results before the market opens on Wednesday, Nov. 5, 2025. OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, Nov. 5, 2025, at 8:30 a.m. ET. The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Herring. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPEN
- INSIDERSEC Form 4 filed by Large owner Ignition Acquisition Holdings Lp4 - OPENLANE, Inc. (0001395942) (Issuer)
- PROPENLANE Completes Repurchase of 53% of Series A Convertible Preferred StockStrong Market Demand for Term Loan Financing CARMEL, Ind., Oct. 8, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced it has closed its repurchase of 53% of the Company's Series A Convertible Preferred Stock and amended its existing Credit Agreement with an additional $550 million in secured term loans to finance the repurchases. "I am very pleased that our financing was substantially oversubscribed, allowing us to tighten pricing and achieve an even more preferred rate," said Brad Herring, E
- SECOPENLANE Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Other Events, Financial Statements and Exhibits8-K - OPENLANE, Inc. (0001395942) (Filer)
- PROPENLANE Names Bill Wright Vice President of Investor RelationsStrengthens Leadership Bench With More Than 30 Years ofInvestor Relations and Financial Markets Experience CARMEL, Ind., Oct. 6, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Bill Wright as Vice President of Investor Relations. Wright will be responsible for leading the company's investor relations program, serving as the primary liaison communicating OPENLANE's vision, strategy and growth to stockholders and the broader financial community. "It's an exciting time for OPENLAN
- INSIDERDirector Smith Mary Ellen was granted 804 shares, increasing direct ownership by 2% to 37,528 units (SEC Form 4)4 - OPENLANE, Inc. (0001395942) (Issuer)
- SECOPENLANE Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits8-K - OPENLANE, Inc. (0001395942) (Filer)
- PROPENLANE to Repurchase 53% of Series A Convertible Preferred StockCARMEL, Ind., Sept. 9, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, has reached definitive agreements to repurchase 53% of the Company's Series A Convertible Preferred Stock originally issued in June 2020. The transaction, for which the cash consideration is approximately $559 million, will reduce the preferred shares held by funds advised by Apax Partners, L.P. ("Apax") by approximately 50% and the preferred shares held by funds advised by Periphas Capital, L.P. ("Periphas") by approximately 80%. The repurchase price of $29.70 per share of common stock, on an as-converted basis, represents a negotiated market-based b
- PROPENLANE Launches Audio Boost AI for Faster, Easier Vehicle EvaluationsAI-Powered Tool Pinpoints Engine Sound Anomalies to Boost Dealer Confidence CARMEL, Ind., Sept. 3, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced the launch of Audio Boost AI, a groundbreaking new feature on OPENLANE's US marketplace designed to give dealers deeper confidence and speed when evaluating vehicles. Embedded directly within the vehicle condition report for every dealer-consigned vehicle, Audio Boost AI pairs high-quality engine audio recordings with AI-generated highlights flagging potential issues and sample recordings of a comparable "normal" engine for quick benchmarking.
- INSIDERChief Accounting Officer Price Dwayne P converted options into 441 shares and covered exercise/tax liability with 126 shares, increasing direct ownership by 3% to 12,257 units (SEC Form 4)4 - OPENLANE, Inc. (0001395942) (Issuer)
- INSIDEREVP & President, Marketplace Coyle James P exercised 194,575 shares at a strike of $14.66 and sold $5,435,920 worth of shares (194,575 units at $27.94), decreasing direct ownership by 0.00% to 36,851 units (SEC Form 4)4 - OPENLANE, Inc. (0001395942) (Issuer)
- INSIDEREVP, CLO & Secretary Coleman Charles S. sold $1,658,313 worth of shares (59,289 units at $27.97) and exercised 59,289 shares at a strike of $13.81, increasing direct ownership by 0.00% to 53,474 units (SEC Form 4)4 - OPENLANE, Inc. (0001395942) (Issuer)
- SECSEC Form 10-Q filed by OPENLANE Inc.10-Q - OPENLANE, Inc. (0001395942) (Filer)
KAR FAQ
7 questionsWhat does OPENLANE Inc. do?
KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. The company operates through two segments, ADESA Auctions and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession...Where does KAR stock trade?
OPENLANE Inc. (KAR) is listed on NYSE.What sector and industry is KAR in?
OPENLANE Inc. operates in the Consumer Discretionary sector, Retail-Auto Dealers and Gas Stations industry.When did OPENLANE Inc. go public?
OPENLANE Inc. (KAR) completed its IPO in 2009.What are analysts saying about KAR?
OPENLANE Inc. has had 8 recent analyst actions on file. The most recent action was from Barclays: Overweight with a $3200.00 price target on 2025-11-12. Recent price targets range from $1700.00 to $3200.00.What companies are similar to KAR?
Notable peers in the same industry include CVNA (Carvana Co.), CPRT (Copart Inc. (DE)), CASY (Casey's General Stores Inc.), PAG (Penske Automotive Group Inc.), MUSA (Murphy USA Inc.). Compare KAR side-by-side with any of them on Quantisnow.How can I track KAR on Quantisnow?
Quantisnow aggregates OPENLANE Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow KAR to receive live email and push alerts on every new disclosure.